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Diageo CEO Crew steps down

Reuters on MSN · 1d

Diageo CEO Crew steps down as company pursues turnaround, cost cuts

Diageo CEO Debra Crew has stepped down after two years in the job, the world's biggest spirits maker said on Wednesday, with finance chief Nik Jhangiani taking over in the interim as the company strives to boost its performance and cut debt.

Yahoo Finance · 1d

Don’t be fooled by Crew’s exit: the next Diageo CEO will face the same problems

When Diageo announced Crew’s departure today, the company’s shares moved up by close to 5%. As the City absorbed the news that gain vanished.

Bloomberg on MSN · 1d

Diageo Turns to CFO to Begin Turnaround After Crew’s Sudden Exit

Diageo Plc is replacing Chief Executive Officer Debra Crew after a miserable two years that have undermined the distiller’s strategy of trying to get consumers to trade up to more expensive drinks.The UK company’s shares slumped 43% since Crew took over in June 2023,

17hon MSN

Analysis-Diageo's New CEO Needs Actions, Not Just Words

LONDON (Reuters) -Diageo's new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear ...

1d

Guinness owner Diageo to replace chief executive Debra Crew

Diageo chief executive Debra Crew has quit with immediate effect and will be replaced on an interim basis by the embattled ...

1don MSN

Johnnie Walker Owner Diageo Replaces CEO as Challenges Mount

Diageo said Chief Executive Officer Debra Crew stepped down after two years in the role, as the world’s largest spirits maker ...

19hon MSN

Who is Nik Jhangiani? Indian-origin executive takes over as Diageo’s interim CEO after Debra Crew's exit

Nik Jhangiani, an industry veteran of Indian origin, has a career that spans over 30 years. He has held several senior ...

BeverageDaily19h

Diageo CEO steps down

Debra Crew stepped down as CEO of Diageo after a challenging tenure marked by a significant drop in Latin America sales and ...

Food Processing15h

Diageo CEO Steps Down; Company Begins Successor Search

Diageo’s board has begun a formal search for Crew’s successor, and the company said it will consider both internal and ...

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