Diageo CEO Menezes in hospital, Crew takes on interim role

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Diageo CEO Menezes in hospital, Crew takes on interim role
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Diageo Plc , the world's biggest spirits company, on Monday said CEO-designate Debra Crew will assume the top role on an interim basis immediately as Ivan Menezes undergoes medical treatment.

Crew will join the board as an executive director on July 1, Diageo said on Monday.

The former U.S. military intelligence officer, who was appointed operating chief last year, had been president of Diageo North America, its largest market, and Global Supply from 2020. She takes on the top role as Diageo is trying to cement its dominance in the United States and establish several premium brands, in a post-COVID world.Menezes, who joined Diageo after its formation through the merger of Guinness and Grand Metropolitan in 1997, grew sales sharply and steered the company through multiple brand acquisitions as well as a major sustainability overhaul.

"Out of respect for Ivan and his family's privacy, we will not be commenting further at this time," Diageo said.Our Standards:

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