An Economic Times news article reported that 53 year old Ivan Meneze, will take over Paul Walsh as CEO of the global product firm, Diageo Plc. Menezes is currently the chief operating officer in the company. Menezes holds a BA degree in Economics from St Stephens College, Delhi and a PG Diploma from IIM, Ahmedabad. Menezes has worked with Nestle, Booz Allen Hamilton, and Whirlpool before joining Diageo.
Menezes will take over the role starting July 1. He became the COO in March 2012 after leading the company’s North America unit for eight years. As the previous year has not been good financially for Diageo as compared to previous years, Menezes’ initial priority will be to deliver organic growth.
Read the Economic Times article here.