Diageo's interim chief exec Nik Jhangiani (pictured) admitted the Guinness maker would need to cut jobs as part of plans to ...

Diageo, which has come under pressure from investors to cut costs and reduce debt, also said it was adding $125mn to its cost ...

Key Takeaways Diageo believes moderation offers the company an opportunity, interim CEO Nik Jhangiani said.The London-based business can serve those looking to drink "better, not more," as well as for ...

Jhangiani also said Diageo could sell more “non-core, non-strategic” brands. Diageo owns some of the biggest alcohol brands in the world, including Don Julio Tequila, Johnnie Walker Scotch whisky and ...

Diageo, headquartered in London, experienced a nearly 30% profit decline from June 2024 to June 2025 amid challenging global ...

Diageo is now looking to achieve around $625m in cost savings in the next three years as part of the drinks giant's bid to ...

Diageo (NYSE:DEO) targets $125M in additional cost savings to combat macroeconomic pressures and boost shareholder returns.

Diageo plc today announces that Nik Jhangiani will join the company as Chief Financial Officer, taking up the position and joining Diageo's Board and Executive Committee in Autumn 2024.. Lavanya ...

Diageo CEO Debra Crew resigned as the maker of brands including Smirnoff vodka and Guinness beer struggles with weak sales.

Diageo reported a smaller than expected fall in annual profit on Tuesday and said it expected to have a permanent new CEO by ...

Diageo’s profits fell almost 30% last year as the world’s largest spirits maker suffered at the hands of changing drinking ...

July 16 (Reuters) - Diageo (DGE.L) CEO Debra Crew has stepped down and finance chief Nik Jhangiani has taken over in the interim, the company said on Wednesday, as the world's biggest spirits ...