Diageo (DGE) has announced the appointment of Kathryn Mikells as its new chief financial officer.
Mikells was previously CFO at Xerox Corporation and will start her role on 9 November.
She replaces former CFO Deirdre Mahlan who was named as Diageo’s head of North America in June and will now step down from the board.
Mikells has been at Xerox since May 2013 and has also worked in a number of senior finance roles at global consumer companies including United Airlines, where she has spent the majority of her carerr and was CFO between 2008 and 2010.
Ivan Menezes, chief executive of Diageo, said: “Diageo is focused on driving performance from our core and on improving productivity to drive out cost to invest in growth. Kathryn has the experience of working with teams to drive disciplined performance management which will contribute to the achievement of our performance ambition. We are starting to see the benefits of the changes we have put in place and I am confident we are uniquely positioned to take advantage of this growth sector.”
Mikells added: “This is a unique opportunity to work for a company with leading consumer brands, unparalleled global reach and the marketing and innovation agility to drive performance locally. Diageo has a clear and compelling strategy and I am looking forward to working with Ivan and the team to deliver it.”