Diageo plc (LON: DGE) has announced the appointment of Sir Dave Lewis as its new Chief Executive Officer, effective January 1, 2026.
The appointment of Lewis, former Group CEO of Tesco plc and Chair of Haleon, is viewed by markets as a significant coup for Diageo.
His track record of transforming businesses, growing world-class brands, and implementing operational and financial discipline aligns with the company’s ambitions for its next phase of growth. Lewis will be stepping down from his role at Haleon on December 31, 2025, to fully commit to Diageo.
Ready to put what you’ve learned into practice?
Try IG’s platform with £10,000 in virtual funds and practise trading
without putting your own money at risk.
Try IG with a demo account →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Learn the markets with IG Academy
Build your knowledge with IG Academy educational content, then use a
demo account to practise what you’ve learned on the IG platform.
Explore IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
See how trading works before risking real money
IG’s demo gives you access to thousands of markets and £10,000 in
virtual funds, so you can explore the platform and test your ideas first.
Open an IG demo →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Turn trading theory into practical experience
Learn with IG Academy, explore charts and market tools, and practise
strategies in a simulated trading environment before going live.
Start practising with IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Ready to take your learning further?
IG combines market education, analysis and an established trading platform,
giving you the tools to keep learning as you develop your trading skills.
Discover IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
The Board of Directors, led by Chair Sir John Manzoni, emphasized Lewis’s extensive CEO experience and proven leadership skills in building and marketing globally recognized brands. Analysts view his experience with Unilever, in addition to Tesco, as particularly relevant, given Diageo’s focus on brand building and consumer engagement.
Sir Dave Lewis stated, “Diageo is a world leading business with a portfolio of very strong brands, and I am delighted to be joining the team. The market faces some headwinds but there are also significant opportunities.
“I look forward to working with the team to face these challenges and realise some of the opportunities in a way which creates shareholder value.”
Interim CEO Nik Jhangiani will continue in his role until the end of December 2025, ensuring a smooth transition. Deirdre Mahlan will continue to support Diageo through the transition.
Searching for the Perfect Broker?
Discover our top-recommended brokers for trading or investing in financial markets. Dive in and test their capabilities with complimentary demo accounts today!
YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY
