United Spirits (Diageo India) has announced that Praveen Someshwar will be appointed as the new chief executive officer-designate starting March 1, replacing Hina Nagarajan. Nagarajan, who has successfully led Diageo India for four years as the managing director and CEO, will be joining Diageo’s global executive committee. This leadership transition marks a significant moment for Diageo India, as the company continues to grow and evolve in the competitive alcohol beverage industry.
Praveen Someshwar comes to Diageo India with a wealth of experience, having served as the MD and CEO of HT Media for the past five years. His leadership background includes extensive roles at PepsiCo, where he worked across India and the Asia Pacific region for over 24 years. Someshwar’s deep understanding of consumer businesses, coupled with his strategic acumen and executional excellence, positions him as a strong leader to guide Diageo India through its next phase of growth.
Hina Nagarajan: A Trailblazer in Diageo India
Hina Nagarajan made history as the first woman to head India’s largest liquor business, leading United Spirits to impressive milestones. Under her leadership, Diageo India achieved strong strategic progress, expanding its market presence with sustained, profitable growth. She played a key role in reshaping and premiumising the company’s portfolio, and her efforts saw Diageo India’s market capitalization rise to over Rs 1 trillion (~$12.5 billion). Her legacy of success has earned her respect across the industry.
Reflecting on her tenure, Nagarajan shared, “It has been a true privilege to lead Diageo India during a period of strong strategic progress and sustained, profitable double-digit growth. I look forward to supporting the team as they continue their work under Praveen’s leadership.”
Recognition from Diageo Leadership
Debra Crew, Diageo’s CEO, lauded Nagarajan’s leadership and the strong legacy she leaves behind. She said, “Under Hina’s leadership, Diageo India combined strong top-line growth with strategic initiatives, reshaping and premiumising our portfolio. As she transitions to her new role, she leaves a significant track record of success and a highly engaged, talented, and diverse team.”
Crew also expressed excitement about Someshwar’s appointment, stating, “Praveen joins us with an outstanding track record in leading consumer businesses. His passion for strategy and executional excellence will serve us well as we enter the next phase of Diageo India’s growth. I look forward to welcoming him on board.”
As Someshwar prepares to take the helm, Diageo India stands at the crossroads of a new growth story. With a strong leadership team in place, the company is poised to continue innovating and reshaping the alcohol beverage industry. Under Someshwar’s leadership, the company will focus on driving strategic growth and maintaining its position as a leader in the Indian market.
This transition is a pivotal moment for Diageo India, as it charts its path forward in a rapidly evolving industry. With Someshwar’s extensive experience and Nagarajan’s trailblazing legacy, the company is well-positioned for continued success and innovation in the years to come.