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Diageo delays director appointment

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Diageo delays director appointment

Alcoholic beverage maker Diageo PLC on March 27 delayed the appointment of Ursula Burns to its board after Netherlands-based VEON Ltd. appointed her as its executive chairman.

Burns' appointment at VEON followed the resignation of CEO Jean-Yves Charlier.

Diageo added Burns as a nonexecutive director to the board in July. Her appointment was effective April 2.

Burns, who has been the chairman of VEON's supervisory board since July 2017, will return to her role as board chairman at VEON once a CEO has been selected.