‘Drastic Dave’ shall save embattled Diageo

United Kingdom | Diageo’s shareholders breathed a sigh of relief on 10 November after the drinks group announced the appointment of its new CEO, Sir Dave Lewis. The news that Diageo had not only ended an awkward four-month long recruitment drive, but had sent for the man widely credited with saving the UK retailer Tesco, boosted Diageo’s shares by as much as 7 percent that day.

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