UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
16 July 2025
Commission File Number: 001-10691
DIAGEO plc
(Translation
of registrant’s name into English)
16 Great Marlborough Street, London, United Kingdom, W1F 7HS
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form
20-F X
Form 40-F
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Diageo announces CEO departure and succession plan
Wednesday 16 July, London, UK
Diageo today announces that Debra Crew has stepped down as Chief
Executive Officer and as a Board Director with immediate effect, by
mutual agreement.
The Board has begun a comprehensive formal search process, which
will include consideration of internal and external candidates.
Until a permanent appointment is made, Nik Jhangiani, Chief
Financial Officer, will assume the role of Chief Executive Officer
on an interim basis.
Debra Crew has led Diageo as Chief Executive Officer since June
2023, having joined Diageo as a non-executive director in 2019,
then serving as President of Diageo North America and subsequently
as Group Chief Operating Officer.
Guidance for fiscal 25 and 26 remains unchanged from what was
shared on 19th May
2025 in the Q3 Trading Statement, and Diageo will report its fiscal
2025 full year results on 5th August
as planned.
John Manzoni, Chair, Diageo plc, said:
"On behalf of Diageo and the board, I would like to thank Debra for
her contributions to Diageo, including steering the company through
the challenging aftermath of the global pandemic and the ensuing
geopolitical and macroeconomic volatility. On behalf of all Diageo
colleagues, I wish her every success in the future. The Board's
focus is on securing the best candidate to lead Diageo and take the
company forward. We strongly believe Diageo is well placed to
deliver long-term, sustainable value creation."
Randall Ingber, General Counsel & Company Secretary, is
responsible for arranging the release of this announcement on
behalf of Diageo.
ENDS
For further information, please contact:
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Media relations:
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Brendan O'Grady
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07812 183750
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Rebecca Perry
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07590 809101
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Clare Cavana
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07751 742072
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+44 (0) 7803 856 200
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Investor relations:
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Sonya Ghobrial
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+44 (0) 7392 784784
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Andy Ryan
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07803 854842
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Grace Murphy
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07514 726167
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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 nearly 180
countries around the world. The company is listed on both the
London Stock Exchange (DGE) and the New York Stock Exchange (DEO).
For more information about Diageo, our people, our brands, and
performance, visit us at www.diageo.com. Visit Diageo's global
responsible drinking resource, www.DRINKiQ.com for information,
initiatives, and ways to share best practice.
Celebrating life, every day, everywhere.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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Diageo plc
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(Registrant)
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Date:
16 July 2025
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By:___/s/
James Edmunds
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James Edmunds
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Deputy Company Secretary
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