Commenting on his resignation, Mr. Salt said: “I have had seven wonderful years at the helm of Diageo Australia and I remain truly grateful to have led such a great business.
“The time has come for me to pursue new opportunities and for others to bring a new perspective and energy to take the Diageo Australia business to the next level.
“Very few industries have sociability, celebration, enjoyment and passion at its core like the alcohol industry does.
“I feel enormously privileged to have been a part of this great industry and to know and have worked with so many great people.”
As Managing Director, Mr. Salt was responsible for the Diageo business in Australia, New Zealand and the South Pacific, including product supply, marketing, sales and innovation.
“Over the last seven years, Tim has created a business which is recognised for strong, resilient, sustainable performance, both internally and externally”, Sam Fischer, President, Greater China and Asia, Diageo said.
“Tim has developed and built a team of strong and capable leaders, many of whom have gone on to broader and bigger opportunities. He leaves the Australia business in great hands.”
Mr. Salt will officially leave the role at the end of this financial year (30 June 2015). Diageo is yet to announce a replacement.
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