Diageo chief executive Debra Crew steps down, as shares in the maker of Guinness slump 43pc in two years

Diageo CEO Debra Crew

Sarah Meddings
©Bloomberg

Diageo’s chief executive officer Debra Crew has stepped down after a bruising run, during which the company's stock plummeted.

The maker of Guinness and Johnnie Walker whisky said chief financial officer Nik Jhangiani would become interim CEO, with a search already under way for Crew's permanent replacement.