Chief executive officer of Diageo, Sir Ivan Menezes, has died at age 63 after a brief illness.

Diageo has announced that its chief executive officer Sir Ivan Menezes will be retiring and is set to depart from the Diageo Board on 30 June this year, following 10 years leading the company.

Diageo CEO Ivan Menezes has received a knighthood in King Charles' first New Year’s Honours list, an appointment that allows him to use the title ‘sir’.

Diageo, the world’s largest premium spirits company, has announced its interim results for six months ended December 31, 2017.

Diageo chief executive Ivan Menezes says that despite a late Chinese New Year and highway ban in India, the company is on course to hit its targets ahead of the 2017 annual general meeting.

Diageo chief executive Ivan Menezes says the company is ‘restless as hell’ following the release of its annual market report for the year ending 30 June 2017, despite profits growing up to 25%.

Diageo has agreed the full global ownership and control of tequila Don Julio with Casa Cuervo in exchange for Bushmills. 

Diageo has completed its tender offer for a further 26% share in United Spirits. 

Diageo's new chief executive Ivan Menezes, has announced a series of changes to his executive management committee

Diageo has announced that its president new businesses, Andrew Morgan, is to retire.

Diageo has reported steady net sales growth of 5%, despite Asia Pacific's revenues slowing and Western Europe continuing to falter.

Diageo will have a new leader at the helm within two months having announced Ivan Menezes will succeed Paul Walsh on July 1 this year.

Ivan Menezes has been appointed to the Diageo board as an executive director with effect from July 2.

Diageo has appointed Ivan Menezes to the newly created role of chief operating officer. Menezes is currently president Diageo North America and chairman of Diageo Asia Pacific and Diageo Latin America & Caribbean.  He will take up the role on March 1, 2012.