Diageo plc (LON:DGE) has announced that Joanne Wilson will join the company as Chief Financial Officer, joining Diageo’s Board and Executive Committee some time in 2027, replacing Nik Jhangiani.
Joanne is currently CFO of WPP plc, having previously held senior financial and commercial roles at drinks company Britvic, dunnhumby, the global leader in customer data science, Tesco and KPMG, where she qualified as a chartered accountant.
Nik joined Diageo from Coca-Cola Europacific Partners in September 2024 and was interim Chief Executive from July to December 2025, overseeing the Accelerate programme and a focus on cash delivery, operational excellence and cost efficiency.
Sir Dave Lewis, Chief Executive, Diageo said:
“It is a real pleasure working with Nik and I would like to thank him for his support to me and his significant contribution to Diageo. Nik and I have agreed that, now we have shared our new Strategy, this is the right time for this change. Nik will remain in role to ensure a smooth handover to Joanne.
Joanne is a very experienced CFO and commercial leader who will ensure we accelerate the turnaround of Diageo, having already delivered extensive transformations in her previous companies. I am looking forward to welcoming her to Diageo and the Executive team.”
Sir John Manzoni, Chair, Diageo said:
“The Board is grateful to Nik for everything that he has achieved with Diageo in repositioning the business to enable improved delivery of sustainable growth and shareholder value. I am delighted to welcome Joanne to the Board and look forward to her contribution to delivering the next phase of Diageo’s transformation.”
Joanne Wilson said:
“I am delighted to be joining Dave and the entire Diageo team at such an exciting point in the company’s journey. Diageo has a unique portfolio of global brands and a clear strategy with significant opportunities ahead. I very much look forward to working together with all colleagues to consistently create value for shareholders and strong outcomes for all stakeholders.”
Nik Jhangiani said:
“I have enjoyed every minute of my time at Diageo. I am proud that we were recently able to set out our three-year financial plan to our investors, including significant progress on deleveraging and strengthening our balance sheet. I would like to thank my fantastic team for their support, and I wish Dave and all our colleagues the very best for the future.”
In addition to her role at WPP plc, Joanne is a non-executive director of Informa PLC. Diageo confirms that there are no further details to be disclosed pursuant to Listing Rule 6.4.8 in respect of this appointment.
