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![SchwabNetwork Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::872519322077470721.png) Schwab Network [@SchwabNetwork](/creator/twitter/SchwabNetwork) on x 74.7K followers
Created: 2025-07-16 19:04:49 UTC

Diageo CEO Debra Crew has stepped down after two years, and as a board director with immediate effect, by mutual agreement, the maker of Johnnie Walker whisky and Guinness beer announced. 

Crew is replaced in the interim by CFO Nik Jhangiani.

“On 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," Chair John Manzoni said.

Diageo is in the midst of a turnaround after unveiling a plan in May to cut $XXX million in costs and make substantial asset sales by 2028.

Shares of $DEO are currently up roughly about 1.6%.

![](https://pbs.twimg.com/media/GwAERoWXAAAclao.jpg)

XXXXX engagements

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**Related Topics**
[$deo](/topic/$deo)
[$dgel](/topic/$dgel)
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