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New Delhi. Indian-origin Chief Executive Officer (CEO) of the world’s largest liquor company Diageo, Ivan Manuel Menezes, died on Wednesday. The company gave this information. Menezes was hospitalized for treatment.
Sources with knowledge of the matter said Menezes, 64, was due to retire at the end of the month. He was admitted to the hospital for treatment of stomach ulcers and other complications. The cause of his death in London was not immediately known.
Diageo announced on Monday that Menezes is undergoing treatment and that CEO-designate Debra Crews will take over the top role immediately on an interim basis. Has deteriorated due to other problems.
Born in Pune, Menezes’ father Manuel Menezes was the chairman of the Indian Railway Board. Menezes studied at Delhi’s prestigious St. Stephen’s College and the Indian Institute of Management-Ahmedabad. Menezes joined Diageo in 1997 after the merger of Guinness and Grand Metropolitan.
He became the Executive Director of the company in July 2012 and Chief Executive Officer in July 2013. He was knighted in 2023. His brother Victor Menezes is the former chairman and CEO of Citibank. Diageo’s flagship brands include Johnnie Walker Whisky, Tanqueray Gin and Don Julio Tequila. The company had announced the appointment of Crews in place of Menezes on March 28.
Javier Ferran, chairman of Diageo plc, said it was a sad day for us. Ivan was certainly one of the best leaders of his generation.” He said that Ivan was with Diageo from its inception and has played a role in making Diageo one of the best performing, trusted and respected consumer companies.
Pc: ivan menezes death: Newstrack
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