In Good Company with Nicolai Tangen

HIGHLIGHTS: Debra Crew - CEO of Diageo

Mar 28, 2025
Debra Crew, CEO of Diageo, shares her insights as a leader in the global beverage industry. She discusses how Gen Z's 'zebra striping' trend is reshaping drinking habits, blending alcoholic and non-alcoholic options. Debra highlights the importance of understanding evolving consumer preferences and how this informs Diageo's brand strategies. She also reveals a cultural shift towards embracing a 'fail fast and learn' philosophy, celebrating past failures as learning opportunities in leadership.
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INSIGHT

Spirits Industry Growth

  • The beverage alcohol industry, especially spirits, has a long runway for growth.
  • Despite current economic challenges, the industry is resilient due to underlying structural demand drivers.
INSIGHT

Gen Z Drinking Habits

  • Gen Z practices "zebra striping," alternating alcoholic and non-alcoholic drinks.
  • They are entering the spirits market faster than previous generations, driven by trends like RTDs and tequila with food.
ANECDOTE

Favorite Drinks

  • Debra Crew enjoys a variety of spirits, from Don Julio 1942 tequila to peaty scotch like Lagavulin.
  • Nicolai Tangen mostly drinks wine, but enjoys gin and tonics occasionally.
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