Bond.az reports that Diageo Plc is losing several senior executives as CEO Dave Lewis accelerates a turnaround.
Ed Pilkington, North America chief marketing and innovation officer; Hina Nagarajan, Africa president; and Chief Human Resources Officer Louise Prashad are departing, employees learned this week.
The exits follow a 9.4% decline in organic net sales in North America in Q3. Lewis said Diageo missed opportunities in the U.S., especially in ready-to-drink cocktails.
The company is combining Africa and Europe into a single unit. Lewis, a turnaround specialist, took charge in January.
He will present his full strategy for Diageo on August 6.
