Ivan Menezes, India-born CEO of Johnnie Walker whisky’s maker Diageo, passes away

Ivan Manuel Menezes, the India-born CEO of the world’s largest spirits firm Diageo, died on Wednesday, days after the agency mentioned he was hospitalised for remedy.

Menezes, 64, who was to retire on the finish of this month, was admitted to hospital for remedy of situations, together with a abdomen ulcer, sources in know of the matter mentioned.

The explanation for his loss of life in London was not instantly identified.

Diageo had on Monday introduced that CEO-designate Debra Crew will assume the highest function on an interim foundation instantly as Menezes undergoes medical remedy.

“Over the weekend, we discovered that Ivan’s restoration suffered a big setback as a consequence of issues, which adopted emergency surgical procedure on the ulcer,” Diageo had mentioned in an announcement.

Pune-born Menezes, whose father Manuel Menezes was the chairman of Indian Railway Board, was educated on the prestigious St Stephen’s Faculty in Delhi and Indian Institute of Administration, Ahmedabad.

Menezes joined Diageo in 1997 after its formation by means of the merger of Guinness and Grand Metropolitan. He rose rapidly within the ranks to change into an government director in July 2012 and chief government officer in July 2013. He was knighted in 2023.

His brother Victor Menezes is the previous chairman and CEO of Citibank.

Diageo, the maker of Johnnie Walker whisky, Tanqueray gin and Don Julio tequila, had on March 28 introduced the appointment of Crew to switch Menezes.

“Throughout Ivan’s tenure, Diageo has made nice strides in direction of its ambition to change into probably the greatest performing, most trusted and revered client merchandise firms on this planet.

“Diageo has grown considerably throughout this era, now promoting over 200 manufacturers in additional than 180 markets and is at present, the primary firm by web gross sales worth in Scotch whisky, vodka, gin, rum, Canadian whisky, liqueurs, and likewise tequila, a class wherein solely eight years in the past the corporate had no substantive place,” the corporate had mentioned within the March 28 announcement.

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