Diageo introduced on June 7 that long-time CEO Ivan Menezes has died after a quick sickness. Menezes, 63, held the CEO function on the spirits big for 10 years, and was scheduled to retire on the finish of this month.
The corporate had reported on June 5 that Menezes had been within the hospital receiving therapy for medical situations together with a abdomen ulcer. His restoration suffered a big setback because of problems, which adopted emergency surgical procedure on the ulcer.Â
Because of this, Diageo’s board of administrators named Debra Crew interim CEO, forward of her deliberate appointment as CEO. The corporate in March introduced that Crew would take over as CEO and be part of the board as an govt director on July 1, 2023, following Menezes’s retirement.
Ivan Manuel Menezes was born on July 10, 1959, in Pune, India, and held U.Ok. and U.S. citizenship, and Abroad Citizenship for India. He joined Diageo at its creation in 1997 via the merger of Guinness and Grand Metropolitan and held many senior positions in a profession spanning greater than 25 years on the firm.
Menezes had been an govt director of Diageo since July 2012, and served as CEO since July 2013, overseeing an excellent interval of change, development and excessive efficiency. In January 2023, Ivan was awarded a Knighthood for companies to Enterprise and to Equality in His Majesty The King’s 2023 New 12 months Honours Record. Menezes is survived by his spouse, Shibani and his two youngsters, Nikhil and Rohini.
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