"It Doesn't Matter" Who Diageo (DEO)'s CEO Is, Says Jim Cramer

We recently published 12 Latest Stocks on Jim Cramer's Radar . Diageo plc (NYSE:DEO) is one of the stocks Jim Cramer recently discussed.

After co-host Carl Quintanilla mentioned alcoholic beverages firm Diageo plc (NYSE:DEO), it was unsurprising that Cramer wasn’t optimistic about the firm. The CNBC TV host has repeatedly discussed the troubles in the alcoholic beverage industry in 2025, and in this appearance, he commented that no matter which CEO Diageo plc (NYSE:DEO) brought on board, it was unlikely to change the firm’s fortune. Cramer was commenting on the firm’s decision to appoint Sir Dave Lewis as its CEO:

“They got the CEO of, Tesco. They could have anybody in the world, it doesn’t matter. Liquor’s the most challenged product in the world. There isn’t anything that is going right in the liquor business right now. Even agave spirits are down because of the additives which, Don Julio was down so badly I couldn’t believe it. It was like, I mean they suddenly decided to make a paint thinner. So I don’t really care who runs Diageo, it just, unfortunately right now, doesn’t matter.”

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Disclosure: None. This article is originally published at Insider Monkey.