Browsing Tag
Nik Jhangiani
4 posts
Why Diageo is changing CFO just as its $1bn savings plan accelerates
Diageo has hired WPP finance chief Joanne Wilson to replace Nik Jhangiani in 2027, adding another senior leadership change as CEO Dave Lewis pushes through a $1.2 billion restructuring after the drinks group reduced its workforce by nearly 2,000 positions in fiscal 2026.
Why Diageo’s new CEO is preparing job cuts as North America sales weaken
Dave Lewis is preparing to reduce jobs and management costs at Diageo as the drinks group confronts weak United States spirits demand, high debt and pressure to rebuild growth.
Diageo (LSE: DGE) gains 1.5% as insider buying and Q3 recovery momentum extend the turnaround narrative
Diageo's 0.3% Q3 growth was minimal. But it was the first positive print in a year, and the August strategy update is where the real test begins.
Diageo announces Nik Jhangiani as new CFO, succeeding Lavanya Chandrashekar in Autumn 2024
Diageo plc, a global leader in beverage alcohol, announced that Nik Jhangiani will take over as the new…