Troubled drinks giant Diageo names former Tesco boss to lead turnaround push

Diageo owns major drinks brands such as Guinness and Johnnie Walker whisky. Photograph: Vuk Valcic/ZUMA Press Wire/Shutterstock

The executive credited with steering Tesco out of the worst financial crisis in its history has been handed the top job at the struggling Guinness maker Diageo.

On 1 January, Sir Dave Lewis will become chief executive of the FTSE 100 drinks company, whose shares have fallen by a third this year.