The Latest Breaking News from Debra Crew

Diageo to nearly double Guinness production and cut jobs in turnaround plan

New CEO Dave Lewis lifts investors’ spirits by promising strategic overhaul worthy of his nickname ‘Drastic Dave’

The Guardian - UK · Aug 6

Sir Dave Lewis to shed light on plans to turn around Guinness maker Diageo

He will unveil the group’s half-year results on Wednesday in his first update since being appointed as chief executive in January.

Evening Standard · Feb 20

Can ex-Tesco boss Drastic Dave refresh the fortunes of drinks giant Diageo?

City heavyweight has cheered the markets by taking helm at Guinness owner, but there may be forces he cannot overcome

The Guardian - UK · Nov 10, 2025

London stocks slip after reports that Trump will fire Federal Reserve boss

The FTSE 100 index closed down 11.77 points, 0.1%, at 8,926.55.

Evening Standard · Jul 16, 2025

Diageo CEO steps down after drink firm’s lacklustre performance

Debra Crew’s tenure marked by shock profits warning, adverse global consumer trends and investor disquiet

The Guardian - UK · Jul 16, 2025

Diageo’s boss Debra Crew steps down by ‘mutual agreement’ after two years

Ms Crew has stepped down as chief executive with ‘immediate effect’ and by ‘mutual agreement’ with the board, the London-listed company said.

Evening Standard · Jul 16, 2025

Guinness maker Diageo braces for a €133 million US tariff hit

The British multinational alcoholic beverage company also announced a $500 million savings plan.

Euronews · May 19, 2025

Johnnie Walker owner Diageo says Trump tariffs could hit profits by $150m

FTSE 100 group, which also owns Tanqueray and Smirnoff, is to cut costs – which could lead to job losses

The Guardian - UK · May 19, 2025

Tariffs threaten your grocery bill

New trade policies could push prices higher for everything from soda cans to seafood

Salon · Feb 27, 2025

Tariffs would be a drag, but Guinness boss still needs to find a brew for recovery

There’s no hiding from a 5% fall in operating profit at owner Diageo in the second half of 2024, Trump trade policy or not

The Guardian - UK · Feb 4, 2025