Finance News – Diageo
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Diageo: Debra Crew gets golden goodbye after being ousted as CEO
Debra Crew’s departure from Diageo resulted in a substantial severance package, reflecting the company’s financial obligations following the sudden leadership change last month.
Read Full Article →Crew told Diageo chair her role as CEO was untenable days before exit
The chief executive’s departure from the drinks company raised concerns about leadership stability, potentially impacting investor confidence and the company’s financial outlook in...
Read Full Article →Debra Crew couldn’t shift Diageo’s post-Covid hangover
Diageo’s recent leadership change reflects ongoing challenges in recovering revenue growth and profitability following pandemic-related disruptions, highlighting the importance of...
Read Full Article →Guinness Owner Diageo's CEO Steps Down as the Alcoholic Beverage Giant Struggles
The departure of Diageo's CEO highlights challenges faced by the company, potentially impacting its market performance and investor confidence within the competitive alcoholic beve...
Read Full Article →Diageo CEO steps down after drink firm’s lacklustre performance
Diageo’s leadership change follows a period of underwhelming financial results, impacted by challenging global market conditions and investor concerns about the company’s recovery...
Read Full Article →FTSE 100 giant Diageo to replace CEO Debra Crew
Diageo’s leadership change reflects efforts to stabilize the company’s financial performance and restore shareholder trust amid recent declines in revenue and market valuation.
Read Full Article →What’s behind the post-pandemic tumble in Diageo and Pernod Ricard shares?
The notable decline in the stock prices of these leading beverage corporations reflects broader market challenges and investor concerns impacting their financial performance over t...
Read Full Article →Diageo mull $2bn sale of IPL side Royal Challengers Bengaluru
Diageo is considering divesting its ownership stake in the Royal Challengers Bengaluru franchise, which could result in a transaction valued at approximately $2 billion, impacting...
Read Full Article →Tariffs are clearer at Diageo – not much else is | Nils Pratley
Diageo anticipates a $150 million annual profit impact from new US tariffs, primarily affecting its UK and EU exports, but expects to offset approximately half of the financial bur...
Read Full Article →Guinness maker Diageo braces for a €133 million US tariff hit
Diageo faces a substantial financial impact from new US tariffs while implementing a comprehensive cost-cutting strategy aimed at improving overall profitability and mitigating eco...
Read Full Article →Splitting the G: Is Diageo gearing up to sell off Guinness?
Diageo’s plan to reduce expenses by $500 million over three years, including potential divestitures and workforce reductions, aims to lessen the financial effects of recent trade t...
Read Full Article →Johnnie Walker owner Diageo says Trump tariffs could hit profits by $150m
Diageo, owner of several major alcohol brands, anticipates a significant annual profit reduction due to recent import duties and plans to implement cost-saving measures that may af...
Read Full Article →Guinness maker Diageo to offset US tariffs with cost cuts
Diageo, a leading beverages company, announced a three-year plan to reduce expenses by $500 million to address financial challenges arising from import duties imposed by the United...
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