Industry News       English French Dutch Spanish German Russian Italian Portuguese Portuguese Danish Greek Romanian Ukrainean Chinese Polish Korean
Logo Slogan_English

Brochures


CASTLE MALTING NEWS in partnership with www.e-malt.com
07 June, 2023



Brewing news World: Diageo CEO Ivan Menezes dies after brief illness

Diageo said on June 7 that long-time boss Ivan Menezes, who held the CEO role at the world's biggest spirits company for 10 years, had died after a brief illness.

The 63-year-old, who was set to retire at the end of this month, was in hospital receiving treatment for conditions including a stomach ulcer, the Guinness and Johnnie Walker whisky maker announced this week.

His recovery had suffered a significant setback due to complications, which followed emergency surgery on the ulcer, Diageo had said.

The company added that CEO-designate Debra Crew would assume the top role on an interim basis immediately as a result.

British-American national Menezes, born in the Indian city of Pune, joined Diageo after its formation through the merger of Guinness and Grand Metropolitan in 1997.

The executive, who was behind the "Keep Walking" campaign for Johnnie Walker when he was marketing head, previously held roles at Whirlpool and Nestle.

"This is an incredibly sad day. Ivan was undoubtedly one of the finest leaders of his generation," said Diageo chairman Javier Ferrán.

"The desire to build the world's best brands never left him."

Diageo, which also makes Tanqueray gin and Don Julio tequila, has seen sales surge under Menezes' leadership, and he steered the company through multiple brand acquisitions as well as a major sustainability overhaul.

The company accounts for 10% of the UK's total food and drinks exports.

"Ivan was rare in combining phenomenal corporate success without ego or vanity, and combining conventional achievement with being a devoted family man, and caring and generous to scores of friends and acquaintances," Arvind Subramanian, former Chief Economic Adviser to the Government of India, said.

Subramanian and Menzes were contemporaries at Indian Institute of Management in Ahmedabad in India.

Menezes, who was awarded a knighthood this year, is survived by his wife and two children.





Back



E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .














We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.     Ok     No      Privacy Policy   





(libra 31.1016 sec.)