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Diageo CEO plans to overhaul executive team, FT reports - Finance news and analysis from Global Banking & Finance Review
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Diageo CEO plans to overhaul executive team, FT reports

Published by Global Banking & Finance Review

Posted on February 20, 2026

1 min read

· Last updated: February 20, 2026

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corporate governance

Diageo’s new CEO plans major overhaul of executive leadership team

Executive Team Overhaul Plan

Feb 20 (Reuters) - New Diageo chief executive Dave Lewis is planning a major shake-up of his executive team, the Financial Times reported on Friday, citing people familiar with the matter.

14-person committee structure

Planned Changes to Executive Committee

Lewis is planning to replace several members of the company’s 14-person executive committee, the report added

Status of Independent Verification

Reuters could not immediately verify the report.

Reporting and Editing Credits

(Reporting by Abu Sultan in Bengaluru; Editing by Sonia Cheema)

Key Takeaways

  • Financial Times reports new CEO Dave Lewis plans a major executive overhaul.
  • Several members of Diageo’s 14-person executive committee may be replaced.
  • The shake-up would mark early leadership changes under Lewis.
  • Reuters has not independently verified the FT report as of Feb 20, 2026.
  • No timeline or detailed scope for the reshuffle was disclosed.

References

Frequently Asked Questions

What is the main topic?
The Financial Times reports that new Diageo CEO Dave Lewis plans a major overhaul of the company’s executive ranks, including changes to its 14-person executive committee.
Who is Dave Lewis?
Dave Lewis is Diageo’s new chief executive, known for his previous leadership at Tesco. He is reportedly preparing early leadership changes at the drinks giant.
Has the report been verified?
As of February 20, 2026, Reuters said it could not immediately verify the Financial Times report, and no further official confirmation was cited in the article.

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