LSE:DGEBeverage
Diageo Ready To Drink Pivot Under New CEO Puts Valuation In Focus
Diageo (LSE:DGE) has appointed Sir Dave Lewis as CEO, marking a change in leadership at the global spirits and beer company.
The company is putting greater emphasis on ready-to-drink beverages, shifting attention toward this category as part of its broader business reset.
This comes while Diageo is working through operational pressures, including significant debt and a dividend cut.
Diageo, the owner of brands across spirits and beer, is now leaning more into the ready-to-drink segment...