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...On Friday, Debra Crew, in charge only since June, had to admit that drinks group Diageo had an inventory problem in its fastest-growing region, Latin America and Caribbean (LAC)....
...Debra O’Donnell, 53 a former pre-school teacher wearing a T-shirt saying “Jesus is my saviour, Trump is my president”, lamented high inflation and rampant immigration, and that the US was losing its “boundaries...
...Diageo boss Debra Crew has vowed to get the drinks business back on track after a “perfect storm” in Latin America and customers trading down to cheaper spirits in the US pushed down profits....
...This led to a slump in sales of more than 20 per cent in Latin America. Analysts were unimpressed by Diageo chief executive Debra Crew’s initial handling of the warning....
...Diageo’s new chief executive Debra Crew has taken up the position a month earlier than expected after the company said outgoing leader Sir Ivan Menezes was in hospital recovering from emergency surgery....
...“Macroeconomic pressures have worsened and that caused lower consumption and really more consumer downtrading than what the team was expecting,” said chief executive Debra Crew, addressing the slump in Latin...
...“Is it a response to the pandemic? Or will there be a lasting impact?”...
...Amid the dispute, Diageo appointed its new chief executive Debra Crew, following the death of her predecessor Ivan Menezes in June....
...Diageo chief executive Debra Crew said at the CAGNY conference of consumer analysts in Miami last month that prices would “normalise to one to two points of growth in line with historical pre-Covid levels...
...In a widely anticipated succession, the company said on Tuesday that Debra Crew — who was recently appointed chief operating officer — would replace Menezes at the maker of Johnnie Walker whisky and Smirnoff...
...Meta’s strong first-quarter guidance “should take some of the AI pressure off Meta that we’ve seen with Google and Microsoft so far this week”, said Debra Aho Williamson, an independent tech analyst....
...Diageo and Debra will be in the penalty box until the second half of next year.”...
...Sterling, the yen and the Swiss franc all stood to benefit, as did gold, which tends to rise in price as the dollar declines, Haefele added....
...A public trial will be an unwelcome distraction for Diageo’s new chief executive, Debra Crew, who stepped into the role earlier than planned following the death of Ivan Menezes in June....
...“We have long thought that the equity market has been too aggressive in pricing in rate cuts and strong economic growth,” said Mark Haefele, chief investment officer at UBS Global Wealth Management....
...As a result, the multinational drinks company announced on Monday that incoming chief executive Debra Crew would step in a month early.“This is an incredibly sad day....
...Diageo’s new interim chief executive Debra Crew will take up the position a month earlier than expected after the company said that outgoing chief executive Ivan Menezes was in hospital recovering from emergency...
...Debra Crew, Diageo’s new chief, is keen to avoid that fate. Her first set of half-year numbers on Tuesday showed sales improved 6.5 per cent on a like-for-like basis....
...“If policy measures continue to be unveiled in the coming weeks, the market narrative may shift from ‘too little, too late’ to a more confident stance as policymakers regain credibility,” said Mark Haefele...
...“But we think Japan is still under-owned and under-appreciated by both global and domestic investors compared to history,” chief investment officer Mark Haefele wrote....
...Menezes was due to step down at the end of this month, but on Monday Diageo said his successor, Debra Crew, would start the role immediately....
...“While oil prices have rallied recently, oil markets look likely to remain in deficit over the upcoming months, and we still see scope for crude oil prices to rise further,” said Mark Haefele, chief investment...
...“The rally in AI-related companies in particular has raised concerns that this segment is now in a bubble,” said Mark Haefele, chief investment officer at UBS Global Wealth Management....
...The results are the first for Diageo with new chief executive Debra Crew in place, who took over earlier than scheduled after the recent death of Sir Ivan Menezes....
...Debra Crew, the group’s current chief operating officer will replace Sir Ivan in July and join the board....
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