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Debra Crew

  • Will Drastic Dave live up to his name at Diageo?

    Retail

    Putting the finishing touches to Diageo’s annual report, Sir Dave Lewis may be channelling the old slogan of the drinks giant’s prize brand, Guinness: ‘Good things come to those who wait’.  Since Lewis began his tenure as chief executive of the FTSE 100 firm on New Year’s Day, investors have heard very little from him. [...]

    Dave Lewis, former Tesco CEO, smiling in a supermarket aisle with products on shelves
  • FTSE100 giant Diageo to replace CEO Debra Crew as sales slide

    Retail

    Diageo will replace Debra Crew just over a year into her tenure as the drinks giant struggles to regain investor confidence following a turbulent period marked by falling sales and a sharp decline in its share price. The FTSE 100 giant has confirmed that Crew has quit with immediate effect and will be replaced on [...]

    As well as Guinness, Diageo also owns Johnnie Walker, the world's best-selling Scotch Whisky
  • Diageo shares surge amid Guinness sale rumour

    Retail

    Diageo’s shares spiked to the top of the FTSE 100 today amid a rumour the company is looking to spin off or sell its most famous brand, Guinness, for up to £8bn. The transaction was first reported in a piece by Bloomberg, which said Diageo may be looking to review its portfolio to kickstart growth. [...]

    Diageo is expected to reveal a drop in profits for the past year
  • Diageo boss reassures concerned investors ahead of annual meeting

    September 26, 2024

    Diageo chief executive Debra Crew has reassured investors that the company’s fundamentals remain strong despite market headwinds and a sinking share price. The company’s share price has fallen by nearly 19 per cent in the last year and just over one per cent in the last month. Crew said that consumers continue to be “cautious” [...]

  • Guinness-maker Diageo poaches Coca-Cola bottler finance chief as Crew looks to revive sales

    May 3, 2024

    Diageo has poached a new chief financial officer from the world’s largest Coca-Cola bottler today as chief executive Debra Crew pushes ahead with plans to revive the drinks giant's flagging sales.

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