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LONDON - Diageo PLC (LSE:LON:DGE) announced Wednesday that Deirdre Mahlan will assume the role of Interim Chief Financial Officer, effective August 18, 2025.
Mahlan previously served as Diageo’s Chief Financial Officer from 2010 to 2015 during her 27-year tenure at the spirits company and its predecessor firms. Most recently, she held the position of Interim President, Chief Executive Officer and Chairperson of The Duckhorn Portfolio prior to its acquisition by Butterfly Equity.
Nik Jhangiani, who was appointed Interim Chief Executive Officer on July 16, stated that Mahlan "brings extensive spirits and functional expertise to the Interim Chief Financial Officer role, complemented with deep knowledge of Diageo and its operations."
Jhangiani added that he has "full confidence that she will provide invaluable guidance to our teams" as the company implements its Accelerate program.
The leadership change follows the earlier announcement that Jhangiani, previously Chief Financial Officer, had assumed the Interim CEO position after Debra Crew stepped down from the role and left the company by mutual agreement.
The appointment comes as part of Diageo’s ongoing executive transition, according to the company’s press release statement.
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