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Diageo, the maker of Guinness stout and Smirnoff vodka, announced Wednesday that its chief executive Debra Crew had stepped down with immediate effect.

Diageo CEO Debra Crew resigned as the maker of brands including Smirnoff vodka and Guinness beer struggles with weak sales.

Debra Crew's departure after two years comes as the beer and spirits giant has battled tariffs and a drop in alcohol consumption.

In May, Diageo forecast a $150 million annual hit on its profit from U.S. tariffs and launched a turnaround program. The company also scrapped its midterm outlook in February, warning that U.S.

Diageo said Chief Executive Officer Debra Crew stepped down after two years in the role, as the world’s largest spirits maker ...

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