Diageo Names Jim Young President, Diageo-Guinness USA

NORWALK, Conn. -- Diageo North America here said it has appointed Jim Young president of Diageo-Guinness USA. Young takes over for Dave Eickholt, who the company said has decided to retire effective December 31, 2006, after a 28-year tenure with the company.

Young, currently acting joint managing director for Diageo Great Britain, will transition to his new position effective September 15. He will have full responsibility for the growth and development of Diageo's beer and Flavored Malt Beverage portfolio in the United States. Young will also serve on the Diageo North America executive team.

"With more than twenty years experience in the beer, wine and spirits industry, Jim will further advance Diageo's business within the beer category," said Ivan Menezes, president and CEO of Diageo North America.

Young joined Diageo during the Seagram acquisition in 2002. He has since held senior commercial, finance, and general management positions within Diageo GB, Venture Markets and the Nordics business, where he served as Managing Director.

Diageo is the world's leading premium drinks business, with a collection of beverage alcohol brands across spirits, wines, and beer categories, including Johnnie Walker, Guinness, Smirnoff, J&B, Baileys, Cuervo, Tanqueray, Captain Morgan, Crown Royal, Beaulieu Vineyard, and Sterling Vineyards wines.
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