Sir Ivan Menezes, the CEO of Diageo. Please read the article below to learn more about the recent hot topic “Sir Ivan Menezes Cause Of Death” and many more.
After a brief illness, Sir Ivan Menezes, the longtime CEO of Diageo, the largest producer of spirits in the world, passed away at the age of 63.
Menezes, who until recently served as the CEO of the £75 billion alcohol multinational with headquarters in London.
Sir Ivan had been undergoing treatment at a hospital for a number of ailments, including a stomach ulcer.
Diageo, the company famous for its trademarks, including Guinness, Smirnoff, Gordon’s gin, and Johnnie Walker whiskey, revealed on Monday that Menezes had a serious setback over the weekend due to problems.
As a result, the company announced that Debra Crew would take over as temporary CEO immediately, just a few weeks before Menezes was supposed to retire at the end of June.
On Wednesday, Diageo Chairman Javier Ferrán expressed his tremendous grief by saying, “Today is a truly melancholy day. Without a doubt, Ivan was among the most outstanding leaders of his time.
Sir Ivan Menezes Cause Of Death
At the age of 63, Sir Ivan Menezes, the former CEO of Diageo, passed away on June 7, 2023.
Although the reason for his death has not been made public, it was said that he had a brief illness.
Menezes was being treated for medical issues at the hospital, including a stomach ulcer, and experienced a “significant setback” over the weekend because of problems.
Weeks before Menezes’ anticipated retirement at the end of June, Diageo, the company behind brands including Guinness, Smirnoff, Gordon’s gin, and Johnnie Walker whisky, said that Debra Crew would take over as temporary CEO with immediate effect.
As the head of Diageo, the largest alcohol firm in the world, for over ten years, Sir Ivan Menezes was a recognized figure in the spirits sector.
He will be remembered for his contributions to the business, and many people have been shocked by his passing.
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Sir Ivan Menezes Family
In addition to his wife, Sir Ivan Menezes is survived by two children. His family has not released any information about his passing to the public.
Victor Menezes, Sir Ivan Menezes’s brother, is Citibank’s former chairman and CEO.
His father, Manuel Menezes, served as the head of the Indian Railway Board. Sir Ivan Menezes’ sister-in-law is Victor Menezes’ wife Tara Anne Fonseca. In July 1959, Sir Ivan Menezes was born in Pune, India.
He received his education at St. Stephen’s College in Delhi, the Indian Institute of Management in Ahmedabad, and the Kellogg School of Management at Northwestern University.
He started working with Diageo in 1997 and held a number of Executive positions until being named CEO in 2013.
The family of Sir Ivan Menezes has not provided any details regarding his wealth or his private life, and it is unknown if they will do so in the future.
Sir Ivan Menezes Net Worth
One of the highest-paid executives in the sector, Sir Ivan Menezes served as CEO of Diageo, the largest spirits firm in the world.
Although his net worth has not been made public, it is said to be in the millions. Ivan Menezes’ estimated net worth was at least $2.29 million according to Wallmine as of March 9, 2021.
Ivan Menezes received $1,689,000 in total pay from Diageo plc for his roles as Executive director and chief Executive officer.
Although the precise sum is unclear, Sir Ivan Menezes’ net worth will most likely have grown greatly during his time as Diageo’s CEO.
It is unknown if his family will make any further public announcements on his personal life or financial worth. His family has not published any details about his net worth.
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