Guinness Nigeria Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Girish Sharma

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	1.8yrs
Board average tenure	1.9yrs

Recent management updates

Recent updates

CEO

Girish Sharma

less than a year

Tenure

Mr. Girish Sharma is MD, CEO & Director of Guinness Nigeria Plc from 2024. Mr. Sharma holds an MBA in Marketing from the University of Kent and executive leadership qualifications from Harvard, Stanford an...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Girish Sharma	MD, CEO & Director	less than a year	no data	no data
Emmanuel Difom	Finance & Strategy Director and Executive Director	3.2yrs	no data	no data
Abidemi Ademola	Legal Director & Company Secretary	less than a year	no data	no data
Mark Mugisha	Marketing & Innovations Director	2.8yrs	no data	no data
Ayodeji Ajibola	Human Resources Director	4.6yrs	no data	no data
John Musunga	MD of Southern	less than a year	no data	no data

1.8yrs

Average Tenure

Experienced Management: GUINNESS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Girish Sharma	MD, CEO & Director	less than a year	no data	no data
Emmanuel Difom	Finance & Strategy Director and Executive Director	3yrs	no data	no data
John Musunga	MD of Southern	no data	no data	no data
Frances Edozien	Independent Non-Executive Director	9yrs	no data	no data
Haresh Aswani	Vice Chairman	less than a year	no data	no data
Omobola Johnson	Independent Non-Executive Chairman	8.8yrs	no data	0.00046% NGN 654.9k
Fabian Ajogwu	Independent Non-Executive Director	6yrs	no data	no data
Vivien Shobo	Independent Non-Executive Director	less than a year	no data	no data
Deepak Singhal	Non–Executive Director	less than a year	no data	no data

1.9yrs

Average Tenure

Experienced Board: GUINNESS's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Guinness Nigeria Management

Management criteria checks 0/4

Key information

Recent management updates

High number of new directors

Guinness Nigeria Plc, Annual General Meeting, Oct 23, 2024

High number of new directors

Less than half of directors are independent

Guinness Nigeria PLC Announces Executive Changes

Insufficient new directors

Recent updates

Consensus revenue estimates increase by 36%, EPS downgraded

First quarter 2025 earnings released

High number of new directors

Consensus EPS estimates upgraded to ₦2.65 loss, revenue downgraded

Price target decreased by 12% to ₦66.46

Guinness Nigeria Plc, Annual General Meeting, Oct 23, 2024

Full year 2024 earnings released: ₦25.00 loss per share (vs ₦8.29 loss in FY 2023)

Tolaram Corporation Pte Ltd agree to acquire 58.02% stake in Guinness Nigeria Plc from Diageo plc.

Price target decreased by 7.6% to ₦69.77

Third quarter 2024 earnings released: ₦25.75 loss per share (vs ₦0.84 profit in 3Q 2023)

New minor risk - Market cap size

High number of new directors

Second quarter 2024 earnings released: ₦3.56 loss per share (vs ₦0.58 profit in 2Q 2023)

Less than half of directors are independent

Guinness Nigeria PLC Announces Executive Changes

First quarter 2024 earnings released: EPS: ₦1.19 (vs ₦1.25 in 1Q 2023)

Full year 2023 earnings released: ₦8.29 loss per share (vs ₦7.15 profit in FY 2022)

Third quarter 2023 earnings released: EPS: ₦0.84 (vs ₦2.95 in 3Q 2022)

Consensus EPS estimates fall by 22%, revenue upgraded

Second quarter 2023 earnings released: EPS: ₦0.59 (vs ₦2.18 in 2Q 2022)

Price target decreased to ₦85.04

Investor sentiment deteriorated over the past week

First quarter 2023 earnings released: EPS: ₦1.25 (vs ₦1.85 in 1Q 2022)

Upcoming dividend of ₦0.071 per share

Consensus EPS estimates fall by 15%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target increased to ₦87.75

Price target increased to ₦81.79

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to ₦73.48

Insufficient new directors

Investor sentiment improved over the past week

Consensus EPS estimates increase by 19%

Price target increased to ₦43.26

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insufficient new directors

Insufficient new directors

First quarter 2022 earnings released: EPS ₦1.85 (vs ₦0.38 loss in 1Q 2021)

Investor sentiment improved over the past week

Upcoming dividend of ₦0.46 per share

Full year 2021 earnings released: EPS ₦0.57 (vs ₦5.74 loss in FY 2020)

Price target increased to ₦26.70

Price target increased to ₦26.70

Third quarter 2021 earnings released: EPS ₦1.06 (vs ₦0.021 in 3Q 2020)

Price target increased to ₦19.96

New 90-day high: ₦21.00

Second quarter 2021 earnings released: EPS ₦0.23 (vs ₦0.77 in 2Q 2020)

New 90-day high: ₦17.90

First quarter earnings released

New 90-day high: ₦15.90

Full year earnings released - ₦5.74 loss per share

Price target lowered to ₦21.59

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure