Diageo Free Essay, Term Paper and Book Report
Diageo’s board and executive committee are committed to achieving the highest standards of corporate governance, corporate citizenship and risk management in directing and controlling the business.
The board consists of the non-executive chairman, chief executive, finance director and seven independent non-executive directors. Reporting to the board are audit, nomination and remuneration committees, each with clearly defined terms of reference, procedures, responsibilities and powers. Committee membership is shown in the Annual Review.
The executive committee, appointed and chaired by the chief executive, consists of the individuals responsible for the key components of the business: our markets, categorised as major, key and venture markets; global supply and the global functions.
Particular tasks are delegated to several executive working groups. These include:
Corporate citizenship committee chaired by the chief executive and responsible for making decisions and recommendations to the executive committee or board on strategy, policy and specific issues such as business conduct......
Word Count: 1753
Page Count: 7 (250 words a page / double spaced)
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