Diageo’s CEO Sir Ivan Menezes dies
ir Ivan Menezes, the CEO of Diageo and one of many FTSE 100’s longest-serving leaders, has died after a quick sickness, the corporate stated right this moment. He was 63.
He died days after emergency surgical procedure for circumstances together with a abdomen ulcer, which suffered problems. Born in July 1959 in Pune, India, and educated St. Stephen’s College in Delhi and the Indian Institute of Management in Ahmedabad, he was attributable to retire from the multinational he helped rework on the finish of this month. He was married with two youngsters.
Menezes helped rework the corporate into a worldwide client group in a 25-year profession, together with 10 years as CEO. He was a founder member of Diageo, which was fashioned in 1997 by the merger of Guinness, the place he was technique director, and Grand Metropolitan.
Javier Ferrán, Diageo’s chairman, stated: “We are truly privileged to have had the opportunity to work alongside such a thoughtful and passionate colleague and friend – a true gentleman. He has built an extraordinary legacy.
“Ivan leaves behind many friends and a beloved family, and our thoughts are particularly with his wife, Shibani and his two children, Nikhil and Rohini. On behalf of the Board, Executive Committee and all our employees, we extend our deepest sympathies to them.”
Last month, Menezes was included on Empower’s Role Model List of enterprise leaders breaking down obstacles for folks of color and actively driving a extra inclusive working setting.
The firm stated he was “particularly proud” when Guinness turned the primary promoting beer by worth for the primary time within the on-trade in Great Britain.
Menezes led the corporate by Covid 19, and oversaw its manufacturing of greater than 10 million bottles of hand sanitizer for healthcare employees. It prompted the Secretary of State for well being to say “Diageo rode to the rescue”.
His successor, Debra Crew, has already turn into interim CEO after the corporate introduced earlier this week that Menezes restoration from surgical procedure for a abdomen ulcer had suffered vital problems.