One of the world’s largest alcoholic drinks companies has appointed its first female CEO
. Diageo, which makes Guinness beer and Johnnie Walker whisky, said Tuesday that chief operating officer Debra Crew would succeed Ivan Menezes, who will retire from the company after 10 years at the helm. Crew is to take over on July 1, the company said in a statement. Her appointment means women will make up more than 50% of Diageo’s executive committee, it added. Diageo is the seventh-largest member of the FTSE 100\n \n index and will now become the largest UK-listed company led by a woman.
It is fifth biggest if French luxury goods group LVMH\n \n , which sells Moët champagne and Hennessy cognac, is included. Menezes is stepping down following a very successful tenure at Diageo, during which the company’s share price has almost doubled. It sells more Scotch whisky, tequila, vodka and gin by net sales value than any other business in the world.
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