Dominion Lending Centres Clearlease Reports Diageo to restructure business to focus on emerging markets, flags job cuts

Dominion Lending Centres Clearlease Reports Diageo to restructure business to focus on emerging markets, flags job cuts

VANCOUVER, BC (May 25, 2011) Clearlease Reports Diageo PLC, the world’s largest spirits maker, unveiled plans on Wednesday to restructure its international business to focus on fast growing emerging markets and flagged potential job losses in Europe.

Diageo, whose brands include Johnnie Walker whisky, Smirnoff vodka and Guinness stout, said it will launch two new divisions — Latin America and the Caribbean, and Africa — on July 1.

That breaks up the company’s current “International” business. Its North America, Asia Pacific and Europe units remain.

“The regional variation in the pace of economic growth has created significant change and new opportunities for Diageo as a global business,” said Chief Executive Officer Paul Walsh. “In order to capture these opportunities Diageo has begun a review of our operating model across the business to ensure that all our resources are deployed closer to the market and in those areas where the potential for growth is greatest.”

Walsh added that the company had begun an “employee consultation process on significant changes” to the Europe division, signalling likely job losses.

The company earlier this month reported that sales rose 5 per cent in the first nine months of the year, more than analysts expected, as growth in emerging markets, particularly Asia, offset a drop in Europe.

Sales were down 3 per cent in Europe but up 3 per cent in North America, 9 per cent in Asia and the Pacific and 14 per cent in all other markets.

The brunt of the job cuts is expected to be borne by countries that have underperformed in recent years, including Spain and Ireland, where U.S. President Barack Obama enjoyed a pint of Guinness just a few days ago.

Diageo Ireland Managing Director John Kennedy said Tuesday that changes were “absolutely essential to ensure that Diageo has a competitive and sustainable business in the country.

“Diageo is fully committed to Ireland, and has very significant operations here that are an essential element of our company’s operations globally,” he said. “However we do need to make changes and deliver greater efficiencies in some of the support functions of the business.”

Support functions and marketing at the the company’s flagship St. James’ Gate brewing plant in the centre of Dublin are expected to take a hit.

Diageo said Wednesday that two senior executives would leave the company as a result of the shakeup.

Stuart Fletcher, the president of the soon to be defunct Diageo International, and Chief Customer Officer Ron Anderson will both depart when the transition process is completed, which the company expects to happen in the middle of next year.

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (Dominion Lending Centres Clearlease Clearlease / Clearlease.com ) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending / Mortgage Financing. Dominion Lending Centres Clearlease Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company. Headquartered in Downtown Vancouver, British Columbia. We are expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900,
555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: alex@clearlease.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
Dominion Lending Centres Clearlease Reports Diageo to restructure business to focus on emerging markets, flags job cuts

VANCOUVER, BC (May 25, 2011) Clearlease Reports Diageo PLC, the world’s largest spirits maker, unveiled plans on Wednesday to restructure its international business to focus on fast growing emerging markets and flagged potential job losses in Europe.

Diageo, whose brands include Johnnie Walker whisky, Smirnoff vodka and Guinness stout, said it will launch two new divisions — Latin America and the Caribbean, and Africa — on July 1.

That breaks up the company’s current “International” business. Its North America, Asia Pacific and Europe units remain.

“The regional variation in the pace of economic growth has created significant change and new opportunities for Diageo as a global business,” said Chief Executive Officer Paul Walsh. “In order to capture these opportunities Diageo has begun a review of our operating model across the business to ensure that all our resources are deployed closer to the market and in those areas where the potential for growth is greatest.”

Walsh added that the company had begun an “employee consultation process on significant changes” to the Europe division, signalling likely job losses.

The company earlier this month reported that sales rose 5 per cent in the first nine months of the year, more than analysts expected, as growth in emerging markets, particularly Asia, offset a drop in Europe.

Sales were down 3 per cent in Europe but up 3 per cent in North America, 9 per cent in Asia and the Pacific and 14 per cent in all other markets.

The brunt of the job cuts is expected to be borne by countries that have underperformed in recent years, including Spain and Ireland, where U.S. President Barack Obama enjoyed a pint of Guinness just a few days ago.

Diageo Ireland Managing Director John Kennedy said Tuesday that changes were “absolutely essential to ensure that Diageo has a competitive and sustainable business in the country.

“Diageo is fully committed to Ireland, and has very significant operations here that are an essential element of our company’s operations globally,” he said. “However we do need to make changes and deliver greater efficiencies in some of the support functions of the business.”

Support functions and marketing at the the company’s flagship St. James’ Gate brewing plant in the centre of Dublin are expected to take a hit.

Diageo said Wednesday that two senior executives would leave the company as a result of the shakeup.

Stuart Fletcher, the president of the soon to be defunct Diageo International, and Chief Customer Officer Ron Anderson will both depart when the transition process is completed, which the company expects to happen in the middle of next year.

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (Dominion Lending Centres Clearlease Clearlease / Clearlease.com ) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending / Mortgage Financing. Dominion Lending Centres Clearlease Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company. Headquartered in Downtown Vancouver, British Columbia. We are expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900,
555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: alex@clearlease.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
Dominion Lending Centres Clearlease Reports Diageo to restructure business to focus on emerging markets, flags job cuts

VANCOUVER, BC (May 25, 2011) Clearlease Reports Diageo PLC, the world’s largest spirits maker, unveiled plans on Wednesday to restructure its international business to focus on fast growing emerging markets and flagged potential job losses in Europe.

Diageo, whose brands include Johnnie Walker whisky, Smirnoff vodka and Guinness stout, said it will launch two new divisions — Latin America and the Caribbean, and Africa — on July 1.

That breaks up the company’s current “International” business. Its North America, Asia Pacific and Europe units remain.

“The regional variation in the pace of economic growth has created significant change and new opportunities for Diageo as a global business,” said Chief Executive Officer Paul Walsh. “In order to capture these opportunities Diageo has begun a review of our operating model across the business to ensure that all our resources are deployed closer to the market and in those areas where the potential for growth is greatest.”

Walsh added that the company had begun an “employee consultation process on significant changes” to the Europe division, signalling likely job losses.

The company earlier this month reported that sales rose 5 per cent in the first nine months of the year, more than analysts expected, as growth in emerging markets, particularly Asia, offset a drop in Europe.

Sales were down 3 per cent in Europe but up 3 per cent in North America, 9 per cent in Asia and the Pacific and 14 per cent in all other markets.

The brunt of the job cuts is expected to be borne by countries that have underperformed in recent years, including Spain and Ireland, where U.S. President Barack Obama enjoyed a pint of Guinness just a few days ago.

Diageo Ireland Managing Director John Kennedy said Tuesday that changes were “absolutely essential to ensure that Diageo has a competitive and sustainable business in the country.

“Diageo is fully committed to Ireland, and has very significant operations here that are an essential element of our company’s operations globally,” he said. “However we do need to make changes and deliver greater efficiencies in some of the support functions of the business.”

Support functions and marketing at the the company’s flagship St. James’ Gate brewing plant in the centre of Dublin are expected to take a hit.

Diageo said Wednesday that two senior executives would leave the company as a result of the shakeup.

Stuart Fletcher, the president of the soon to be defunct Diageo International, and Chief Customer Officer Ron Anderson will both depart when the transition process is completed, which the company expects to happen in the middle of next year.

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (Dominion Lending Centres Clearlease Clearlease / Clearlease.com ) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending / Mortgage Financing. Dominion Lending Centres Clearlease Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company. Headquartered in Downtown Vancouver, British Columbia. We are expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900,
555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: alex@clearlease.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html



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