Diageo announces retirement of chief executive 

Ivan Menezes was appointed chief executive of the drinks company in 2013. 

Guinness owner Diageo has announced its chief executive Ivan Menezes is to retire after a decade in charge of the drinks giant and will be replaced by the company’s chief operating officer Debra Crew in July.

Mr Menezes joined the company following the merger of Guinness and Metropolitan plc in 1997 and during that time held a number of other roles including president of Diageo North American, Diageo Asia Pacific; and chairman of Diageo Latin America and Caribbean.