Ivan Manuel Menezes, the India-born CEO of Diageo, the world's largest and most expensive liquor company, died on Wednesday. He was ill for a long time and was undergoing treatment in the hospital. Sources aware of the matter told that he was about to take retirement at the end of this month. His age was 64 years. Menezes was admitted to the hospital for treatment of a stomach ulcer.
The cause of his death in London could not be immediately known. Diageo had informed on Monday that Menezes is undergoing treatment. In his place, Debra Crew was assigned the responsibility of CEO post. Diageo said in a statement that during the weekend it was informed that Evan's recovery from ulcer surgery is not progressing well.
Born in india
Born in Pune, Menezes, whose father Manuel Menezes was the chairman of the Indian Railway Board, studied at the prestigious St Stephen's College in Delhi and IMM, Ahmedabad. Menezes joined Diageo after its formation in 1997 through the merger of Guinness and Grand Metropolitan. He became Executive Director in July 2012 and CEO in July 2013. He was given the title of Knight in 2023.
World's number one company
His brother Victor Menezes is the former chairman and CEO of Citibank. Diageo, maker of Johnnie Walker whiskey, Tanqueray gin and Don Julio tequila, announced the appointment of Crews to replace Menezes on March 28. During Ivan's tenure, Diageo has made great strides towards becoming one of the best performing, most trusted and respected consumer products companies in the world. Diageo has grown significantly during this time, now selling over 200 brands in over 180 markets and today, the number one company in Scotch whisky, vodka, gin, rum, Canadian whisky, liqueurs and tequila. Is.
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