Ivan Menezes, India-born CEO of Diageo, passes away at 63Diageo's CEO Ivan Manuel Menezes died suddenly at the age of 63 in London just days after he was hospitalised for treatment. Menezes, who w...
07 Jun, 2023, 04.21 PM IST
Diageo CEO Ivan Menezes to retire after nearly a decade in roleMenezes joined Diageo after the merger of Guinness plc and Grand Metropolitan plc in 1997 and has held a number of senior positions in the ...
28 Mar, 2023, 11.58 AM IST
Diageo's India business centre could serve 70 global marketsDiageo launched its first business services centre in India in Bengaluru on Tuesday. The world’s largest spirits maker operates similar cen...
22 Feb, 2017, 12.23 AM IST
Diageo opens new business service centre in BengaluruDiageo's shared service centre in Bengaluru situated near the Nagavara, has already trebled its workforce to 300 with the expectation that ...
21 Feb, 2017, 04.43 PM IST
Apple's Tim Cook to Twitter's Dick Costolo, CEOs who took home a smaller pay for a reasonApple's Tim Cook took a 15 per cent pay cut from last year’s $8.7 mn after the company’s failure to meet its goals.
17 Jan, 2017, 10.08 AM IST
India one of Diageo’s focus areas for global growth: CEO Ivan MenezesDiageo CEO Ivan Menezes says consumer dynamics are fuelling premiumisation in India and the country is a focus for fiscal 2017.
29 Jul, 2016, 05.26 AM IST
Vijay Mallya to step down as United Spirits chairman as part of $75-million settlement with DiageoThe settlement puts in place a global five-year non-compete, noninterference and standstill arrangement with the much-maligned Indian liquo...
26 Feb, 2016, 01.23 AM IST
Ease of doing business is a challenge in India: Diageo CEO Ivan MenezesStating that ease of doing business is a 'challenge' in India, spirits maker Diageo's CEO Ivan Menezes today said it has to be 'significant...
11 Sep, 2015, 07.52 PM IST
Indian-made foreign liquor sales volume drops for first time in 10 yearsAlcohol companies say the situation is a far cry from most of the past decade when India was one of the fastest-growing markets in the worl...
26 Aug, 2015, 06.27 AM IST
USL constitutes 40 per cent of British drinks giant Diageo’s sales volumeUSL raised Diageo’s production by 90 million cases and revenue by £921 million, accounting for 9 per cent of the liquor company’s net sales.
04 Aug, 2015, 02.15 AM IST
Diageo's Indian-origin CEO gets pay cut; no hike this year tooDiageo's total sales declined by over 8 per cent to 13.98 billion British pounds in 2013-14, while profits fell by about 15 per cent to 2.1...
17 Aug, 2014, 01.37 PM IST
Diageo buys fresh 26% in United Spirits for Rs 11,449 crore, gains controlUK-based Diageo paid Rs 3,030 for a share of United Spirits Ltd (USL), more than double of Rs 1,440 it offered in the previous bid last yea...
03 Jul, 2014, 04.41 AM IST
Global Indians enjoy their place in the sun with million-dollar packagesAt least 17 global Indian execs earn more than $4 mn a year. In contrast, TCS CEO N Chandrasekaran, India’s best-paid professional CEO, ear...
20 Aug, 2013, 04.30 AM IST
Diageo's Indian-origin CEO Ivan Menezes to get up to Rs 105-cr pay packagePrior to joining Diageo, Menezes held senior positions with giants like Nestle, Booz Allen Hamilton and Whirlpool.
18 Aug, 2013, 05.10 PM IST
Diageo's 'to be' head Ivan Menezes: A peek into his St Stephen’s & IIM-A lifeIvan Menezes is following in the footsteps of college mate Ajay Banga. But that both are at the helm of high-profile global enterprises is ...
12 May, 2013, 07.18 AM IST
India-born Ivan Menezes to head world’s top liquor company DiageoIvan Menezes is the new CEO of Diageo, world's largest drinks company-a development that reinforces growing trend of Indians heading global...
09 May, 2013, 03.27 PM IST
Indian-origin Ivan Menezes to take charge as Diageo CEO from Paul WalshDiageo Plc chief executive officer Paul Walsh will step down after almost 13 years shaping the company into the world’s largest distiller a...
08 May, 2013, 07.59 AM IST