{"id":4148,"date":"2025-07-17T01:33:08","date_gmt":"2025-07-17T01:33:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/4148\/"},"modified":"2025-07-17T01:33:08","modified_gmt":"2025-07-17T01:33:08","slug":"diageo-ceo-debra-crew-steps-down","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/4148\/","title":{"rendered":"Diageo CEO Debra Crew steps down"},"content":{"rendered":"

Debra Crew has stepped down as chief executive officer of Diageo, and as a board member, with immediate effect.<\/p>\n

\"Debra-Crew-Diageo\"CEO Debra Crew has left Diageo by \u2018mutual agreement\u2019<\/p>\n

Johnnie Walker owner Diageo said the move was a mutual agreement.<\/p>\n

Until a permanent CEO is appointed, Nik Jhangiani, chief financial officer, will temporarily take up the CEO role.<\/p>\n

Diageo said the board has begun searching for Crew\u2019s replacement.<\/p>\n

John Manzoni, chair, Diageo, said: \u201cOn behalf of Diageo and the board, I would like to thank Debra for her contributions to Diageo, including steering the company through the challenging aftermath of the global pandemic and the ensuing geopolitical and macroeconomic volatility.<\/p>\n

\u201cOn behalf of all Diageo colleagues, I wish her every success in the future. The board\u2019s focus is on securing the best candidate to lead Diageo and take the company forward. We strongly believe Diageo is well placed to deliver long-term, sustainable value creation.\u201d<\/p>\n

In 2023, Crew had been in line to succeed former CEO Sir Ivan Menezes once he retired that year.<\/p>\n

Sadly, Menezes died in June 2023<\/a> after a short illness, and Crew was appointed CEO<\/a>.<\/p>\n

She joined Diageo as a non-executive director in 2019 before serving a president of Diageo North America, and then group chief operating officer.<\/p>\n

Sales-wise, Diageo experienced a 1% sales increase in the six months to December 2024<\/a>, with reported net sales up by 2.9% to US$4.4 billion in the first three months of this year.<\/p>\n

In May, the company calculated US tariffs could hit its business by approximately US$150 million each year<\/a>.<\/p>\n

In March this year, Diageo backed out of its partnership with the Distill Ventures<\/a> accelerator programme, which resulted in job losses.<\/p>\n

Related news<\/p>\n

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\n <\/a>\n <\/p>\n","protected":false},"excerpt":{"rendered":"Debra Crew has stepped down as chief executive officer of Diageo, and as a board member, with immediate…\n","protected":false},"author":2,"featured_media":4149,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,2684,59,2207,56,54,55],"class_list":{"0":"post-4148","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-diageo","10":"tag-gb","11":"tag-people","12":"tag-uk","13":"tag-united-kingdom","14":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/4148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=4148"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/4148\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/4149"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=4148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=4148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=4148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}