Diageo (LSE:DGE) has announced the appointment of Sir Dave Lewis as its new Chief Executive Officer, effective January 1, 2026. Lewis brings a wealth of experience from leading global consumer goods companies, positioning him to steer Diageo through evolving market conditions while driving growth and enhancing shareholder value.
Previously, Lewis served as CEO of Tesco and held senior leadership roles at Unilever, where he developed deep expertise in brand strategy, global operations, and consumer engagement. He currently serves on the boards of Haleon and PepsiCo, further underscoring his strong credentials in the fast-moving consumer goods sector. His appointment marks a pivotal step in Diageo’s strategic leadership transition as the company continues to focus on sustainable growth and market innovation.
Financially, Diageo’s outlook remains supported by steady revenue growth and operational efficiency, even as profitability and cash flow pressures persist. Technical analysis currently signals a bearish trend, though valuation metrics remain favorable, with a reasonable P/E ratio and attractive dividend yield adding to its long-term investment appeal.
More about Diageo
Diageo is a global leader in beverage alcohol, with an extensive portfolio spanning spirits and beer brands, including Johnnie Walker, Smirnoff, Baileys, Tanqueray, and Guinness. Operating in nearly 180 countries, the company is dual-listed on the London and New York Stock Exchanges. Diageo continues to focus on premiumization, sustainability, and innovation as key pillars of its global growth strategy.
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