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Morgan Stanley
Morgan Stanley’s Gorman sees markets ‘taking off’ as Fed turns to rate cuts
...After becoming a senior partner at McKinsey and a stint at Merrill Lynch, he joined Morgan Stanley in 2006 and succeeded John Mack as chief executive just four years later....
December 22, 2023
LexDiageo PLC
Diageo: a wobbly start bodes poorly for drinks boss Premium content
...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)....
November 10, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Diageo PLC
Diageo to appoint former senior UK civil servant as chair
...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....
March 19, 2024
Highlights from the New Hampshire primary: Trump wins, Haley vows to press on
Trump supporters highlight immigration as election issue
...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...
January 23, 2024
Diageo PLC
Diageo profits hit by ‘perfect storm’ in Latin America
...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....
January 30, 2024
Diageo PLC
Diageo’s new chief Debra Crew takes up role a month early
...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....
June 5, 2023
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Life & Arts
FT Weekend Quiz: Radarange, Radiohead and Gertrude Jekyll
...What’s the second word in the Nato alphabet not to end with a vowel? In bridge, what’s the word for a unit of play, usually consisting of the best of three games?...
February 23, 2024
Diageo PLC
Diageo warns of hit to profits from slowdown in Latin America and Caribbean
...“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...
November 10, 2023
Diageo PLC
Diddy and Diageo settle tequila dispute
...Amid the dispute, Diageo appointed its new chief executive Debra Crew, following the death of her predecessor Ivan Menezes in June....
January 16, 2024
News in-depthMorgan Stanley
Rates, regulators and investment banking: Ted Pick’s in-tray at Morgan Stanley
...“The thing that Gorman’s said multiple times when he took over from Mack, he was very deliberate he was not going to be John Mack,” said one longtime Morgan Stanley banker....
December 28, 2023
Transcript
Food and Drink mini-series: demystifying wine with André Mack
...Today, I’m bringing you a conversation with the sommelier and winemaker André Hueston Mack. André is a pioneer in the wine world....
June 10, 2023
Live news updates from April 13: FBI arrests suspected leaker, China’s March exports surge 15%
Wells Fargo consumer head Mary Mack to retire
...Mack entered her current role in 2016, months before Wells Fargo faced the first of a number of scandals, which resulted in more than $3bn in fines and settlements related to improper business tactics, from...
April 13, 2023
Retail & Consumer industry
Consumer groups look for ways to revive growth as price rises ease
...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...
March 3, 2024
Diageo PLC
Diageo chief Menezes to step down
...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...
March 28, 2023
Meta Platforms
Meta shares leap 20% as investors cheer dividend and $50bn buyback
...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....
February 2, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Due Diligence
Barclays boss has a bold turnaround plan. Will it work? Premium content
...Famously, the blue bloods deposed Purcell in 2005 and re-installed their man John Mack atop the bank....
February 21, 2024
News in-depthDiageo PLC
Diageo’s destocking hangover puts new chief under pressure
...Diageo and Debra will be in the penalty box until the second half of next year.”...
November 24, 2023
Life and Art from FT Weekend podcast24 min listen
Food and Drink mini-series: demystifying wine with André Mack
...This week, Lilah demystifies wine with sommelier, winemaker and restaurateur André Hueston Mack at his restaurant in central Brooklyn....
June 7, 2023
Diageo PLC
Diageo loses first round of Diddy legal battle over tequila venture
...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....
September 8, 2023
News in-depthUS economy
How Biden’s landmark climate law is transforming a small South Carolina town
...“When Mack left, it left a big hole,” said Gene Stephens, a spokesperson for the county’s economic development arm, which is preparing sites to secure Scout Motors suppliers and gearing up to build new housing...
November 11, 2023
News in-depthMorgan Stanley
How Ted Pick won Morgan Stanley’s succession race
...In Gorman, Morgan Stanley had an urbane Australian who was a relative outsider when he inherited the top job from Mack in 2010....
October 26, 2023
Live news updates from June 7: Wildfire smoke blankets New York, China exports decline
Diageo chief Ivan Menezes dies
...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....
June 7, 2023
Live news updates from June 5: SEC sues Binance, Saudi Arabia cuts oil production
Diageo’s interim chief executive takes over a month early
...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...
June 5, 2023
FT Magazine
Colm Kelleher was always meant to become Europe’s most powerful banker
...They all resigned at the same moment, timed to coincide with Mack being on a 12-hour flight....
August 30, 2023
Morgan Stanley
Morgan Stanley chooses Ted Pick to replace James Gorman as CEO
...Pick will inherit a vastly changed bank from the one Gorman took over from John Mack in 2010, less than two years after Morgan Stanley almost failed during the 2008 financial crisis....
October 25, 2023

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