Diageo share price jumps on Dave Lewis shake-up report as investors eye Feb 25 results
Diageo shares rose 3.2% to 1,837.9 pence after reports that CEO Dave Lewis plans a major overhaul of senior management. Investors are watching for signals on costs and structure at the Feb. 25 interim results briefing. Diageo declined to comment on the reported shake-up. The company faces sluggish U.S. sales and leverage above target levels.