Learn more about corporations VOTING to rewrite our laws.
Kenneth Lane is the Vice President of Government and Trade Relations at Diageo. Formed in 1997 when Guinness merged with food and spirits company Grand Metropolitan, Diageo is now the world's largest producer of alcoholic drinks. When Diageo purchased Seagram's, it obtained the brands Captain Morgan, Crown Royal, and VO Canadian. Based in London, the company sells in 200 countries. For 2010, Diageo had a revenue of $14.6 billion. Its CEO, Paul Steven Walsh, received $1.872 million in compensation in 2010.
Ties to the American Legislative Exchange Council
ALEC is a corporate bill mill. It is not just a lobby or a front group; it is much more powerful than that. Through ALEC, corporations hand state legislators their wishlists to benefit their bottom line. Corporations fund almost all of ALEC's operations. They pay for a seat on ALEC task forces where corporate lobbyists and special interest reps vote with elected officials to approve “model” bills. Learn more at the Center for Media and Democracy's ALECexposed.org, and check out breaking news on our PRWatch.org site.
Related SourceWatch articles
- DEO Annual Financials,"MarketWatch.com", accessed May 2011
- Morningstare, Diageo PLC ADR DEO, online corporate financial profile, accessed July 8, 2011
- American Legislative Exchange Council, Private Enterprise Board, organizational website, accessed July 7, 2011.
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