By Joe Hoppe

Diageo PLC said Monday that Debra Crew has been appointed interim chief executive officer with immediate effect, ahead of her planned joining date as CEO in July 1.

The London-based maker of Johnnie Walker Scotch whisky, Guinness stout and Smirnoff vodka had named Crew as incoming CEO in late March. Crew was Diageo's chief operating officer.

Former Chief Executive Ivan Menezes is currently in the hospital receiving treatment for medical conditions including a stomach ulcer, the company said.

"Over the weekend, we learned that Ivan's recovery suffered a significant setback due to complications, which followed emergency surgery on the ulcer," Diageo said, naming Crew as interim CEO as a result.

Menezes will retire from the board on June 30, as previously announced.

Write to Joe Hoppe at joseph.hoppe@wsj.com

(END) Dow Jones Newswires

June 05, 2023 02:38 ET (06:38 GMT)

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