Diageo boss quitting

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Dai
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Diageo boss quitting

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http://www.bbc.co.uk/news/business-22431059

Paul Walsh, chief executive of drinks giant Diageo for 13 years, is to step down, the company has announced.

He will be replaced on 1 July by Ivan Menezes, 53, currently chief operating officer of Diageo, whose brands include Guinness and Johnnie Walker whisky.

Mr Walsh will remain at the company until June 2014 to help Mr Menezes through the "transition process".
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