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Diageo CEO steps down after drink firm’s lacklustre performance

Debra Crew’s tenure marked by shock profits warning, adverse global consumer trends and investor disquietDiageo, which owns the Guinness and Johnnie Walker brands, is to replace its embattled chief executive, ending her rocky tenure in charge of the British alcoholic drinks firm.In a statement to the stock market, Diageo said it had begun the hunt for a successor to Debra Crew, who the company said had stepped down “by mutual agreement”. Continue reading...

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