Diageo Board Moves to Replace CEO Debra Crew After 43% Plunge in Shares
Diageo’s board has decided to part ways with CEO Debra Crew, following a brutal 43% drop in the company’s share price since her appointment in June 2023. Despite her efforts to reassure investors—emphasizing the company’s strong brand portfolio—the steep downturn triggered a leadership shake-up aimed at restoring confidence. 📉 What Triggered the Slump? 🚨 Tracker…