Diageo (DEO) promotes Ivan Menezes to COO and widens his responsibilities to all of its global...

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

Diageo (DEO) promotes Ivan Menezes to COO and widens his responsibilities to all of its global markets, apparently establishing him as the frontrunner to one day replace CEO Paul Walsh, who was also COO before taking the top job. The slight flaw in the theory is that Walsh is only 56, so could be around from while to come. Shares -0.4% in London.