Diageo, the world’s biggest spirits maker, announced Wednesday that CEO Debra Crew is stepping down by “mutual agreement” after just two years in the role.

Diageo's new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear communication, in contrast to ...

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 ...

Diageo, the maker of Johnnie Walker whisky and Guinness beer, announced on Wednesday that chief executive officer Debra Crew ...

Diageo plc (NYSE:DEO) laid out plans for large cost savings as a way to offset an estimated $150 million hit from U.S. tariffs. The spirits company reported net sales for FQ3 increased by 2.9% to ...

The cost cuts will help Diageo deliver about $3 billion free cash flow per annum from fiscal 2026, the company said. It also revised down its expected hit from U.S. tariffs as the threat of levies ...

The plan will help the maker of Johnnie Walker whisky and Guinness beer deliver about $3 billion in free cash flow per year from fiscal 2026 and reduce debt, Crew said in the statement.