Ivan Menezes was named as the new Chief Executive Officer of Spirits Company Diageo on 7 May 2013. He replaced Paul Walsh who remained the CEO of this British firm since 2000. Ivan Menezes was the Chief Operating Officer of the company.
Menezes will take on his office from 1 July 2013. The Chairman of Diageo, Franz Humer explained that the handover of the role of CEO was given to Ivan Menezes at the time when their business was strong in terms of global development.
Ivan Menezes originally hailed from India. He later headed up the key North America division of Diageo for 8 years before he was appointed as the COO in 2012.
Paul Walsh, 57, has not decided about his new job yet. He however has a lot of corporate non-executive roles. He was also working as the business ambassador of the business department of the British government.