Diageo’s (DGE.L) new boss Dave Lewis cut the company’s annual sales forecast and dividend in his first results presentation earlier this week, sending its shares down 6 per cent and underscoring the scale of his task to turn around the world’s biggest spirits maker.
Lewis, nicknamed “Drastic Dave” for his history of cost-cutting reforms at Tesco (TSCO.L) and Unilever (ULVR.L), took over as CEO at the Johnnie Walker whisky and
