Who is Diageo's interim CEO Nik Jhangiani?
Nik Jhangiani has more than 30 years of finance experience gained in roles in the UK, Europe, India, Africa and the US, including 20 years as CFO; and has spent most of his career in consumer and beverage industries.
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Following the unexpected departure of Debra Crew from Diageo as its chief executive officer, Nik Jhangiani, who was appointed as the chief financial officer in 2024, has stepped in as the interim CEO.
This move comes amid Diageo’s broader cost-cutting and restructuring strategy aimed at reducing debt and enhancing overall performance.
Who is Nik Jhangiani?
Jhangiani started his career in New York at accountancy firm Deloitte & Touche before spending two years at Bristol-Myers Squibb as international senior internal auditor. He then joined the Colgate-Palmolive Company in New York where he was appointed group financial director for the Nigerian operations, before moving to The Coca-Cola Company in Atlanta.
Jhangiani held the position of CFO at Coca-Cola Europacific Partners (CCEP), the world’s largest Coca-Cola bottler with revenues of over €18 billion in 2023, a role he had held since 2016.
He has more than 30 years of finance experience gained in roles in the UK, Europe, India, Africa and the US, including 20 years as CFO; and has spent most of his career in consumer and beverage industries including 20 years within the Coca-Cola system.
Prior to taking up the position of CFO at Diageo, he was the CFO and SVP at Coca-Cola Enterprises (CCE) from 2013 to 2016, having joined CCE in 2012. From 2009 to 2012, he was group CFO at Bharti Enterprises.
