Nik Jhangiani, also known as Manik Jhangiani, is a seasoned Indian-American finance executive who currently serves as the interim CEO of Diageo plc, one of the world’s biggest alcoholic beverage companies. With over 30 years in global finance, Jhangiani is known for his strategic leadership in mergers, acquisitions, and performance-driven transformations.
In July 2025, he was appointed as interim CEO following the departure of Debra Crew after a sharp decline in Diageo’s share prices. Before this, he held the Chief Financial Officer (CFO) role at Diageo from September 2024, and earlier served as the CFO of Coca-Cola Europacific Partners (CCEP).
Nik Jhangiani Wiki/Bio
| Full Name | Manik Jhangiani |
| Date of Birth | 1966 |
| Age | 59 (as of 2025) |
| Profession | Finance Executive, Interim CEO of Diageo plc |
| Known For | CFO of Diageo, former CFO of Coca-Cola Europacific Partners |
| Nationality | Indian-American |
| Current Residence | London, United Kingdom |
| Hometown | Born in India (exact location not public) |
| Education | Rutgers University (B.S. in Economics & Accounting) |
Early Life and Education
Nik Jhangiani was born in India in 1966 but moved to the United States for his higher studies. He pursued a Bachelor’s degree in Economics and Accounting from Rutgers University, New Jersey. After graduating, he earned a Certified Public Accountant (CPA) designation in New York.
His early professional years were shaped at Deloitte & Touche, Bristol-Myers Squibb, and Colgate-Palmolive, gaining international exposure across Europe, Africa, and Asia. This early experience laid the foundation for his future leadership in global consumer companies.
Career Highlights
Nik Jhangiani has built a strong reputation through three decades of finance leadership in companies like Coca-Cola and Diageo. Below are some notable milestones in his career:
Coca-Cola System (1998–2024)
- Joined The Coca-Cola Company in Atlanta in 1998.
- Served as CFO of Coca-Cola Hellenic Bottling Company (2004–2010).
- Became CFO of Coca-Cola Europacific Partners (CCEP) from 2016 to 2024, managing €18 billion in revenue, investor relations, and multiple M&A deals.
Bharti Enterprises
- Worked briefly as Group CFO, showing his versatility in handling finance for major Indian businesses.
Diageo (2024–present)
- Joined Diageo as CFO in September 2024, becoming part of the Board and Executive Committee.
- Took charge as interim CEO on July 16, 2025, after Debra Crew stepped down.
- As interim CEO, he’s focusing on performance recovery and debt reduction, with key updates shared during Diageo’s investor event in May 2025.
Career Milestones Table
| Milestone | Details |
| Early Roles | Deloitte, Bristol-Myers Squibb, Colgate-Palmolive |
| Coca-Cola HBC | CFO (2004–2010) |
| Coca-Cola Europacific | CFO (2016–2024) |
| Diageo | CFO (2024), Interim CEO (2025) |
| Notable Achievement | Managed €18B revenue, led M&A and cost strategies |
Net Worth & Income
| Field | Details |
| Estimated Net Worth | $5–20 million (approximate) |
| Main Income Sources | Salary, bonuses, stock awards |
While his exact net worth isn’t publicly disclosed, Jhangiani’s compensation as a top executive at Diageo and Coca-Cola includes high base salaries, annual bonuses, and shareholder-aligned incentive plans. At Diageo, his salary reportedly includes a £900,000 base and additional performance-linked awards.
Leadership Style & Outlook
Jhangiani’s career reflects stability, strategic insight, and global experience. Known for his calm and analytical approach, he’s trusted by boards and investors alike. His leadership during Diageo’s transition period is expected to stabilize operations while positioning the company for future growth.
Recent updates
- 2023–2024: Served as CFO of Coca-Cola Europacific Partners, resigned to join Diageo.
- September 2024: Took over as Diageo’s CFO.
- May 2025: Presented at Guinness investor event to update Diageo’s strategic progress.
- July 16, 2025: Appointed interim CEO after Debra Crew’s resignation amid a 25% drop in share value. The market responded positively, with shares rising 3.6%. (Source)
