ChemBriefWPP Finance Chief Joanne Wilson to Become Diageo CFO
Sky News reports WPP CFO Joanne Wilson will join Diageo as CFO, replacing Nik Jhangiani amidst a $1 billion cost-cutting initiative led by CEO Dave Lewis.
reuters · 2026-09-22 13:50
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15 articles
Indian Regulator Inspects Pernod Plant, Collects Whisky Samples in Wider Industry Probe
India's food safety regulator inspected a Pernod Ricard plant and collected whisky samples amid a broader crackdown on the alcohol sector. The probe focuses on hygiene and packaging compliance, follow
reuters · 2026-08-19 09:38
Diageo sheds nearly 2,000 jobs as 'Drastic Dave' leads overhaul
Diageo announced a restructuring plan led by new CEO Dave Lewis, cutting nearly 2,000 jobs to save $1 billion. The move aims to streamline operations while focusing on expanding fast-growing categorie
reuters · 2026-08-18 03:40
Diageo Agrees to Reformulate India Whisky and Rum After Flavouring Breach, Sources Say
Diageo agreed to reformulate key Indian whisky and rum brands after regulators banned them for breaching flavoring rules. The ban will be lifted upon compliance, affecting top-selling products like Ro
reuters · 2026-08-17 08:24
Diageo Challenges India Rum Ban Over Due Process Concerns
Diageo contests India's ban on McDowell's rum, alleging regulatory due process violations regarding mislabelling and artificial flavour claims while authorities review standards.
reuters · 2026-08-11 05:02
India Warns Diageo Over Misleading Whisky Maturation Claims
India's food safety regulator warned Diageo over misleading claims regarding whisky maturation in American oak casks. Sales of several spirits were also banned due to improper use of artificial flavor
reuters · 2026-08-08 02:04
Diageo to Double Guinness Production and Shed Jobs in Turnaround Plan
Diageo CEO Dave Lewis announced a strategic overhaul to double Guinness production capacity by 2029 and invest $1bn in the brand, alongside significant job cuts to cut costs amid declining sales.
theguardian · 2026-08-06 21:56
Diageo's Partnership with Moët Hennessy Loses Momentum After Decades
Diageo's partnership with Moët Hennessy faces scrutiny as profits halved to $219 million amid distribution frictions. New CEO Dave Lewis may review the alliance while prioritizing immediate turnaround
reuters · 2026-08-02 21:04
India Bars Some Diageo, Inbrew Liquor Over Flavouring Violations
India's food safety regulator banned sales of specific whisky and rum products from United Spirits and Inbrew Beverages after tests revealed unauthorized flavoring additives. Manufacturers may sell ex
reuters · 2026-08-02 10:59
Diageo Teams Face Up to 30% Staff Cuts as CEO Slashes Costs
Diageo is cutting up to 30% of staff in some teams under new CEO Dave Lewis to reduce overheads amid weak spirits demand. Analysts expect these restructuring efforts to boost operating margins signifi
reuters · 2026-07-22 04:11
Diageo New CEO Tells Executives to Cut Jobs and Costs, FT Reports
Diageo's new CEO Dave Lewis has initiated a restructuring plan to cut costs and headcount amid weak North American sales. An internal announcement regarding the scale of job losses is expected next we
reuters · 2026-06-17 10:43
Diageo's Indian Unit Profit Jumps on Premium Demand
Diageo's Indian unit reported a 27% profit surge driven by premium brand demand, despite industry-wide concerns over rising packaging costs and gas shortages. Meanwhile, Karnataka announced plans to r
reuters · 2026-05-14 06:35
Tamil Nadu Shuts Down 15% of State Alcohol Retail Outlets
Tamil Nadu ordered the closure of 717 government liquor stores near key public locations, impacting major beverage players like Pernod Ricard and Diageo in a significant regional market shift.
reuters · 2026-05-12 04:57
Diageo Reports Surprise Sales Growth Driven by Guinness Demand and World Cup Boost
Diageo reported 0.3% quarterly organic net sales growth, beating analyst forecasts, driven by strong Guinness demand in Europe and Latin America ahead of the World Cup, despite a decline in the U.S. m
reuters · 2026-05-05 23:14
Diageo's New CEO Gets Breather as Rivals' Merger Collapses
Diageo CEO Dave Lewis gains reprieve after Pernod Ricard and Brown-Forman merger talks collapsed, removing a major competitive threat while he addresses weak sales in a struggling spirits market.
reuters · 2026-05-04 23:06