United Spirits' Owner Diageo Appoints Former Tesco Chief Dave Lewis as Global CEO

Global spirits giant Diageo has named Dave Lewis, the former CEO of Tesco, as its new Chief Executive Officer. The announcement marks the end of an extended executive search to steer the company through changing market and consumption dynamics starting January 1, 2026.

Dave Lewis to Take Over as CEO of Diageo

United Spirits’ parent Diageo officially confirmed that Dave Lewis will assume the role of CEO effective January 1, 2026. Lewis, most recognised for reviving the fortunes of UK supermarket major Tesco between 2014 and 2020, is currently the Chairman of consumer healthcare company Haleon. 

His experience in navigating complex market environments places him in a strong position to guide Diageo, owner of iconic brands like Johnnie Walker and Guinness.

Nik Jhangiani to Resume CFO Role

Nik Jhangiani, who has held the interim CEO position since July following Debra Crew’s unexpected exit, will continue leading until the end of December. From January 2026, he will return to his role as Chief Financial Officer, ensuring continuity during the leadership transition.

Strategic Timing and Leadership Shift

The CEO appointment comes at a time when the global alcohol industry is managing evolving consumer preferences and rising operational challenges. Lewis’s external perspective may bring fresh strategies, aligning Diageo’s legacy with market innovation. 

The company stated the appointment completes a months-long leadership search aimed at striking the right balance between heritage and business transformation.

Read More: Tesla Taps Former Lamborghini Chief to Lead India Sales Push!

United Spirits Share Price Performance

On November 10, 2025, United Spirits share price opened at ₹1,429.10 on NSE, near the previous close of ₹1,429.10. During the day, it surged to ₹1,430.10 and dipped to ₹1,408.20. The stock is trading at ₹1,410.00 as of 1:39 PM. The stock registered a moderate decline of 1.34%.

Over the past week, it has declined by 2.60%, over the past month, it has moved up by 5.41%, and over the past 3 months, it has moved up by 8.28%.

Conclusion

Diageo’s selection of Dave Lewis as CEO signals a strategic focus on revitalising its global business model. With leadership stability restored, Diageo is expected to enter 2026 with renewed direction and execution agility under Lewis’s stewardship.

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