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Diageo share boost as former Tesco boss named new CEO

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November 11, 2025

SHARES in FTSE 100 drinks giant Diageo rocketed after the appointment of a new chief executive with an impressive turnaround record.

Diageo share boost as former Tesco boss named new CEO

Sir Dave Lewis

News of the appointment of retail and consumer goods veteran Sir Dave Lewis saw shares in the struggling giant rise 6.8% in early morning trading yesterday to 1,845p, rebounding from their sharp drop last Thursday following the group’s latest trading update.

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