Diageo's New CEO Appointment Might Be An Inflection Point -- Market Talk

Dow Jones
2025/11/10

0841 GMT - Diageo's appointment of Dave Lewis as its new CEO might be an inflection point for the company, Interactive Investor's Richard Hunter says in a note. The U.K. spirits maker's shares have been under pressure as of late, down around 28% so far this year, Hunter says. Lewis, appointed Monday and to take the reins on Jan. 1, might entice investors to reconsider the strength of the spirits maker's premium brands offerings, Hunter writes. He has got a proven track record in brand building, Hunter adds. Lewis previously was the CEO of Tesco, and in executive committee roles at Unilever. Shares in Diageo are up 7.2% at 1,851 pence. (aimee.look@wsj.com)

 

(END) Dow Jones Newswires

November 10, 2025 03:42 ET (08:42 GMT)

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