MUMBAI: Diageo India, the nation's leading beverage alcohol company, has announced a leadership transition. Praveen Someshwar, former MD and CEO of HT Media, will take over as CEO-Designate on 1 March  2025, succeeding Hina Nagarajan, who moves to a global executive role at Diageo globally.

Hina, who led Diageo India through a period of remarkable growth, credited with doubling its market capitalisation to over Rs 1 trillion, will step down on 1 April 2025. Under her tenure, Diageo India expanded its portfolio and bolstered its market share across categories.

Diageo chief executive Debra Crew said: “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. As she moves on to a new role within Diageo, she leaves a significant track record of success and a highly engaged, talented and diverse team. Praveen joins us with an outstanding track record of leading consumer businesses, with a passion for both strategy and executional excellence that will serve us well as we plan for the next phase of Diageo India’s exciting growth story.”.

Praveen, bringing decades of leadership experience from HT Media and PepsiCo, expressed enthusiasm for steering Diageo India into its next growth phase. 

USL chairman Mahendra Kumar Sharma lauded Hina's legacy while welcoming Praveen's strategic acumen.