Drinks giant Diageo has appointed the CFO of Marks & Spencer to its board as a non-executive director from September 1st. Prior to his appointment to Marks & Spencer plc in 2010, Alan Stewart Stewart was CFO of AWAS, a leading aircraft leasing company and group finance director of WH Smith. He formerly held a number of senior executive roles at Thomas Cook Holdings.

Commenting on the appointment, Diageo chairman Dr Franz Humer said: "Alan's strong track record in accountancy and financial management together with his experience in retail, travel and the banking industries will be of great value to Diageo as we continue to focus on driving long-term profitable growth. I look forward to welcoming him to the board."