Diageo (DEO) CEO Paul Walsh steps down after 13 years to be replaced by COO Ivan Menezes on July...

|About: Diageo plc (DEO)|By:, SA News Editor

Diageo (DEO) CEO Paul Walsh steps down after 13 years to be replaced by COO Ivan Menezes on July 1. Menezes has led the company's North American division for the better part of a decade. Walsh will stay with the company for a year to aid in the transition, but will retire for good in June of 2014.