Overview
- Nik Jhangiani will remain interim chief executive through December and then return to his chief financial officer role.
- Diageo shares jumped about 6.8% in early trading to roughly 1,845p following the announcement.
- Lewis will step down as Haleon chairman at the end of December and previously led Tesco after nearly three decades at Unilever.
- The company recently warned of weaker consumer demand in the US and China and cut profit guidance in its latest trading update.
- Net sales fell 2.2% to $4.9 billion in the quarter to September and the share price is down roughly 40% over two years after a prolonged slump.