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Diageo names Menezes COO, and likely CEO

Diageo, the worlds largest spirits company, promoted Ivan Menezes to the new role of chief operating officer on Wednesday, in a move that could see him eventually take over from CEO Paul Walsh.

Menezes, president of Diageos biggest region, North America, will take up his new role on 1 March, in which he will lead Diageo’s operating business globally.