Praveen Someshwar to Succeed Hina Nagarajan as CEO of Diageo India Praveen Someshwar will take over as managing director and CEO from Hina Nagarajan, effective from April 1, 2025. Someshwar will join as CEO-designate on March 1, 2025, before officially assuming the role.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Praveen Someshwar and Hina Nagarajan, Diageo India

Diageo India, the maker of alcoholic beverages for leading brands, has announced a major leadership transition with Praveen Someshwar taking over as managing director and CEO from Hina Nagarajan, effective from April 1, 2025. Someshwar will join as CEO-designate on March 1, 2025, before officially assuming the role, pending necessary regulatory approvals, as per a press release by Diageo India.

Nagarajan will transition to a new role on Diageo's global executive committee after four years of steering the company to significant milestones. Under her leadership, Diageo India achieved 'sustained, profitable double-digit growth', with market capitalization crossing INR 1 trillion ($12.5 billion).

Reflecting on her contributions, Diageo CEO, Debra Crew stated, "Under Hina's leadership, Diageo India has combined strong top-line growth and margin expansion with impactful strategic initiatives, reshaping and premiumising our portfolio and positioning Diageo India as an innovative leader in the AlcoBev industry."

Speaking on his new role, Someshwar said, "I am delighted to be joining Diageo – a business with world-leading brands, talented colleagues, and a long-term commitment to developing its business sustainably in India."

The leadership change signals Diageo India's commitment to continued growth and innovation. Mahendra Kumar Sharma, chairman of the United Spirits Limited Board, expressed confidence in the transition. "On behalf of the USL Board, we wish to extend our sincere thanks to Hina for her strong stewardship of the business and her partnership with the Board. The Board and I also wish to welcome Praveen, who we look forward to working with and offering our full support as he transitions into this important leadership position."

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Nissan Is Doubling Its Initial Layoff Announcement, Cutting 20,000 Jobs: 'A Wake-Up Call'

The automaker is dealing with slowing sales and a recent failed merger with Honda.

Side Hustle

She Quit Her Job at Trader Joe's After Starting a Side Hustle With $800 — Then She and Her Brother Grew the Business to $20 Million

Jaime Holm and Matt Hannula teamed up to build a business in an industry that "didn't exist" yet.

Business News

Microsoft Is Laying Off Over 6,000 Employees, About 3% of Its Workforce. Here's Why.

The company said the cuts will affect all divisions and locations, with a focus on managers.

Business News

'The Worst Time of My Life': $100 Million Deli Fraudster Sentenced to Prison

North Carolina businessman Peter Coker Sr. faces prison time and massive fines for his part in a scheme to defraud investors.

Growing a Business

This Local Bakery Has Lines Out the Door. Here Are the Secrets to Its Success.

Known for its viral flat croissants and innovative desserts, Alexander's Patisserie also excels in hands-on leadership and team culture.