M&S finance officer to join Diageo9th May, 2014 by Patrick Schmitt
Marks & Spencer chief financial officer Alan Stewart is to join Diageo’s board of directors in September this year.
As well as his position as CFO at Marks & Spencer, Stewart also has responsibility for IT, supply chain and logistics. Prior to his appointment to Marks & Spencer in 2010, Stewart was CFO at AWAS, an aircraft leasing company and group finance director of WH Smith plc. He formerly held a number of senior executive roles at Thomas Cook Holdings.
He will take up the post of non-executive director at Diageo, and will also join the drinks company’s audit, nomination and remuneration committees on appointment.
“Alan’s strong track record in accountancy and financial management together with his experience in retail, travel and the banking industries will be of great value to Diageo as we continue to focus on driving long-term profitable growth,” commented Diageo chairman Dr Franz Humer.