Diageo chief executive Debra Crew has quit with immediate effect and will be replaced on an interim basis by the embattled drinks group’s finance boss, after falling alcohol sales and waning investor confidence battered its share price.

Diageo, the world’s biggest spirits maker, announced Wednesday that CEO Debra Crew is stepping down by “mutual agreement” after just two years in the role.

World’s biggest spirits maker, Diageo’s chief executive, Debra Crew, stepped down from her position after two years. According to CNN, Guinness owner on Wednesday, July 16, announced that Crew is resigning after