Agencies
Ivan Manuel Menezes, the India-born CEO of the world's biggest spirits company Diageo, died on Wednesday, days after being hospitalised for treatment of stomach ulcer.
Menezes, 64, who was to retire at the end of this month, died in London, the company said.
“It is with great sadness that Diageo announces that Sir Ivan Menezes has passed away following a brief illness, with his family at his side,” it said in a statement.
Diageo had on Monday announced that CEO-designate Debra Crew will assume the top role on an interim basis immediately as Menezes undergoes medical treatment.
“Over the weekend, we learned that Ivan's recovery suffered a significant setback due to complications, which followed emergency surgery on the ulcer,” Diageo had said in a statement.
