Created on Dec. 17, 1997, through the merger of Grand Metropolitan plc and Guinness plc, Diageo’s 30,400 employees worldwide, are celebrating the company’s 20th anniversary
Over the past 20 years Diageo’s share price has increased by 340%, market capital has grown 440% and earnings per share (pre-exceptional items) are 220% higher.
“Diageo is a young company created from the incredible entrepreneurial legacy of John Walker, Pierre Smirnoff, Charles Tanqueray, Arthur Guinness and many more – and this spirit continues today,” said Ivan Menezes, ceo.
“Our brands are part of celebrations globally every day, as we mark this milestone, it is not only the growth of our brands and business that I will be toasting, but the way we do business. We have made great strides in diversity and inclusion, minimizing our environmental impact, our contribution to the communities where we operate and in our aim to reduce the harmful use of alcohol around the world.”
Deirdre Mahlan, President, Diageo North America said:
“It’s extraordinary to consider how Diageo has grown and matured as a company over the past two decades, both around the globe, and in North America. On this anniversary we raise a glass to the company we have become and our amazing brands, including those we produce right here in the United States and Canada.”