– UK, London – Diageo (LON: DGE | NYSE: DEO) today announced the appointment of current COO, Debra Crew, to its Board of Directors as CEO, effective 1 July 2023, to succeed Sir Ivan Menezes who will step down from the Board and as CEO on 30 June 2023.
“We are delighted to have appointed a leader of Debra’s caliber to the role. Debra has been a highly valued member of Diageo’s leadership team in recent years with an impressive track record of delivery both at Diageo and across other global consumer goods companies. She has deep consumer industry expertise, proven strategic capabilities, strong operational performance, and a clear ability to build and lead teams. I do not doubt that Diageo is in the right hands for its next growth phase.” said Board Chairman, Javier Ferrán.
About Debra Crew
Before being appointed COO in October 2022, Debra Crew was President, of Diageo North America and Global Supply, leading Diageo’s largest market to 14% organic net sales growth in fiscal 2022, following on from 20% organic net sales growth in the prior year. Debra Crew originally joined the Diageo Board as a Non-Executive Director in April 2019, before stepping down from the Board when appointed President, of Diageo North America in July 2020.
Debra Crew is the former President and CEO of Reynolds American, Inc., where she delivered strong performance growth before the company’s acquisition, having previously served as President and COO, and President and CCO. Before that, Debra Crew spent five years at PepsiCo, where she served as President, of North America Nutrition; President, of PepsiCo Americas Beverages; and President of the Western Europe Region. Before PepsiCo, Debra held positions with Kraft Foods, Nestlé S.A., and Mars, Inc.
Debra Crew is a graduate of the University of Denver, earned an MBA from the University of Chicago Booth School of Business, and previously served as an officer in the United States Army. She currently serves on the board of Stanley Black & Decker, Inc., having previously served on the boards of Newell Brands and Mondēlez International.
Debra Crew said: “I am delighted to be appointed CEO of Diageo. I am focused on continuing Diageo’s extraordinary track record of building world-leading brands and enhancing our reputation as one of the most responsible businesses in what I believe to be the most exciting consumer products category. It is an incredible privilege to be leading Diageo through the next phase of its development.”
About Diageo
Diageo is a global leader in beverage alcohol with an outstanding collection of brands across spirits and beer categories. These brands include Johnnie Walker, Crown Royal, J&B and Buchanan’s whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness.
Diageo is a global company, and our products are sold in more than 180 countries worldwide.
Source: https://www.diageo.com/
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