Ivan Menezes died after a short illness. British beverage group Diageo has made the announcement involving the company’s former CEO. Born on July 10, 1959 in Pune, India, Menezes has been with the company for over 25 years and has been Chief Executive Officer since July 2013. He would retire on June 30, 2023. Earlier in the week, Diageo named Debra Bemanning as CEO effective immediately due to Menezes’ declining health.
Diageo President Javier Ferran said: “Ivan was present at the founding of Diageo and over the course of 25 years has shaped Diageo into one of the best performing, trusted and respected consumer companies. I have seen firsthand his unwavering commitment to our people and created a culture where everyone can thrive. He invested his time and energy in people at every level of the company and saw opportunities that others might have overlooked. This is one of the many reasons why he was loved by our employees, past and present.”
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I am Lawrence Sickels and I work in the news industry. For the past few years, I have been writing for The News Dept, a web-based platform dedicated to providing readers with quality journalism. My main area of focus is covering economic news and business trends across the globe. With my detailed knowledge of current affairs and market analysis, I am able to offer insightful commentary on economic issues beyond the headlines.
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