DIRS.INFO The most relevant business & tech news

☆ Historic firsts in the 2024 US general election
▼ + stars: | 2024-11-05 | by ( Andrew Menezes | Annette Choi | ) edition.cnn.com time to read: +5 min

CNN —The winners of several elections up and down the ballot will be making history this year, CNN projects. In the House, CNN projects North Dakota to make history with the election of its first woman, Republican Julie Fedorchak, to the state’s at-large district. DE-AL: Democrat Sarah McBride will be the first transgender member of Congress, CNN projects, winning the race for Delaware’s at-large congressional district. McBride, a state senator, will succeed Democratic Rep. Lisa Blunt Rochester, who won election to the US Senate. Johnson, a state representative, will succeed Democratic Rep. Colin Allred, who ran for Senate.

Persons: Kamala Harris, Vance, Lisa Blunt Rochester, Angela Alsobrooks of, ’, –, Julie Fedorchak, Sarah McBride, Delaware’s, Julie Johnson, Josh Stein –, Angela Alsobrooks, Larry Hogan, Democratic Sen, Ben Cardin, Alsobrooks, Prince George’s, Democrat Barbara Mikulski, Delaware’s Lisa Blunt Rochester, Kelly Armstrong, Tom Carper, Blunt Rochester, Maryland’s Angela Alsobrooks, McBride, Josh Stein, Mark Robinson, Stein, Roy Cooper, Johnson, Colin Allred, Yassamin Ansari, Ruben Gallego, Ansari, Suhas Subramanyam, Jennifer Wexton Organizations: CNN, Democratic, Republican, House, – North, SEN, Gov, Democrat, Dakota ND, North Dakota Public Service Commission, Delaware DE, First State, Delaware . North Carolina NC, GOV, Congressional, Senate, Arizona AZ, Iranian American Democrat, Congressional District, Phoenix City Council ., Phoenix City Council . Virginia VA, Indian Locations: American, Lisa Blunt Rochester of Delaware, Angela Alsobrooks of Maryland, North Dakota, Mississippi, Texas, – North Carolina, Maryland, Prince George’s County, Dakota, Fedorchak, Delaware, McBride, Delaware . North Carolina, North Carolina, Roy Cooper . Texas, Arizona’s, Phoenix City Council . Virginia, Virginia, India

☆ 10 House races to watch on election night (and beyond)
▼ + stars: | 2024-11-03 | by ( Terence Burlij | ) edition.cnn.com time to read: +17 min

With so much at stake, CNN has identified 10 races to watch on Tuesday – grouped into buckets that nod to broader themes across the House landscape. Democratic Rep. Abigail Spanberger decided against seeking a fourth term, instead launching a campaign for governor in 2025. Democratic Rep. Jared Golden has crafted a moderate profile by challenging his party on issues ranging from spending to immigration. This year she faces a challenge from GOP state Rep. Gabe Evans, a fellow Mexican American and a former Army helicopter pilot and police officer. GOP Rep. Zach Nunn, an Air Force officer, was first elected in 2022 – defeating Democratic Rep. Cindy Axne by about 2,000 votes.

Persons: CNN —, Mike Johnson, Hakeem Jeffries, Donald Trump, Kamala Harris, Eugene Vindman, Derrick Anderson, Abigail Spanberger, Biden, Vindman, Anderson, Trump’s, Alexander –, Volodymyr Zelensky, Jen Kiggans, Missy Cotter Smasal, Don Bacon, Tony Vargas, –, Joe Biden, Brad Ashford, Bacon, Vargas, Harris, Jared Golden, Austin Theriault, Golden, Theriault, Elissa Slotkin’s, Curtis Hertel, Tom Barrett –, Barrett, Gretchen Whitmer, Michigan’s, Dan Kildee, Yadira Caraveo, Gabe Evans, Hyoung Chang, Yadira, Evans, Scott Perry, Janelle Stelson, Stelson, Josh Shapiro, Perry, Marc Molinaro, Josh Riley, Sen, Al Franken, Trump, Michelle Steel, Derek Tran, Don Davis, Davis, Laurie Buckhout, Zach Nunn, Cindy Axne, Lanon Baccam, CNN’s David Wright, Matt Holt, Molly English, Renée Rigdon, Andrew Menezes Organizations: CNN, Congress, Republicans, GOP, Louisiana Republican, New York Democrat, White, Republican, Democratic, Labor, Army, National Security Council, NSC, Biden, Nebraska Rep, GOP Rep, Air Force, Democrats, Electoral College, Harris, Capitol, Trump, Marine Corps, Trump voters, NASCAR, Democrats outpacing Republicans, Republican Democratic Rep, Army helicopter, Slotkin, Hertel, CIA, Central Michigan, Colorado Rep, Denver Post, crosscurrents, Colorado, Latina, Caucus, – Trump, MAGA, Empire, Democrats outspending Republicans, District :, US Army, North, North Carolina –, an Air Force, Iowa’s, Dallas County, US Department of Agriculture Locations: Louisiana, Virginia’s, Washington, Virginia, District, Virginia Beach, Omaha, Maine’s, Canada, Lewiston –, AdImpact, Michigan’s, Michigan, Lansing, Central, Denver, exurbs, Mexican, Aurora, Central Pennsylvania, New York, Empire, Hudson, It’s, California’s, District : California, California, Orange, Los Angeles, Korean, North Carolina’s, North Carolina, Alabama, Iowa’s, Des Moines, Laos

A woman in California is recovering in the hospital after a stranger and two deputies saved her from her burning home. “Soon as I arrived there, I started knocking on the door, knocking on the side,” Mohamed told NBC 7. First responders arrived just in time to find them and help Mohamed lift her out the window and even save one of her cats. I can’t talk. “As a man, you hear a woman — an old woman — screaming, burning, you know?” Mohamed said.

Persons: Nas Mohamed, Uber, Mohamed, ” Mohamed, ‘, ’, ’ ” Nas, ”, “, ’ ” Mohamed, —, Diego Sheriff’s, Matt Carpenter, ” Carpenter Organizations: NBC Locations: California, Vista, San Diego County, ”

☆ Natural gas is starting to resemble oil as a global commodity – here's why that matters and how to play it
▼ + stars: | 2024-07-03 | by ( Spencer Kimball | ) www.cnbc.com time to read: +7 min

Natural gas has historically been a regional commodity, with supply limited by pipeline networks. "Natural gas is starting to resemble oil in that there's a more global market emerging for it," Antia told CNBC in an interview. The global capacity to liquefy natural gas has grown 60% since 2014, reaching 483 million metric tons annually as of February 2024, according to the IGU. Cheniere: LNG powerhouse The U.S. dominates the global LNG market, accounting for 21% of global exports last year and shipping 84 million metric tons, according to the IGU. Cheniere Energy , a global LNG leader based in Houston, is an opportunity for investors who want exposure to the growing global gas market, Antia said.

Persons: Shehriyar Antia, PGIM, Antia, Bernstein, Cheniere, Morgan Stanley, Biden, Mark Menezes, CNBC's, Menezes, Trump Organizations: Prudential Financial, CNBC, International Gas Union, Cheniere Energy, York Stock Exchange, Department of Energy, U.S, LNG, European Union, U.S . Department of Energy, European, United States Energy Association Locations: U.S, Houston, Cheniere's, of Mexico, Indonesia, China, India, Japan, South Korea, Europe, Asia, Russia, Moscow, Ukraine, United Kingdom, European Union

☆ Nancy Mace seat: Court rules South Carolina can use map previously declared unconstitutional
▼ + stars: | 2024-03-28 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +2 min

CNN —A federal court said Thursday that it will allow a US House election in South Carolina for Republican Rep. Nancy Mace’s seat to proceed under a map it had previously declared unconstitutional. In a brief order, the judges in the case said they had little choice, given a fast-approaching deadline to prepare for the primary election for the state’s down-ballot contests. South Carolina officials appealed to the US Supreme Court, and the justices heard arguments in the case in October. They said they recognized that it’s unusual to allow an election to proceed under a map they had deemed invalid. Mace won reelection in 2022 by 14 points, after winning the seat under the previous map by a single point two years earlier.

Persons: Nancy Mace’s, ”, it’s, ” Mace, Catherine Templeton, Daniel Hanlon, Mace, Donald Trump, Trump, CNN’s Kate Sullivan, Andrew Menezes Organizations: CNN, Republican Rep, GOP, Congressional, Trump Locations: South Carolina, Charleston County, Carolina

☆ Live updates: RFK Jr. vice president announcement
▼ + stars: | 2024-03-26 | by ( Andrew Menezes | Isabelle D'Antonio | ) edition.cnn.com time to read: +1 min

Independent presidential candidate Robert F. Kennedy Jr. is expected to name attorney and entrepreneur Nicole Shanahan as his running mate Tuesday, The New York Times reported. Other people whom Kennedy reportedly considered as a vice presidential pick included:Former Minnesota Gov. Jesse VenturaNFL quarterback Aaron RodgersFormer Democratic Rep. Tulsi Gabbard of HawaiiRepublican Sen. Rand Paul of KentuckyFormer Democratic presidential candidate Andrew YangFormer television host Mike RoweMotivational speaker Tony RobbinsCivil rights lawyer Tricia LindsayFollowing reports that Kennedy had met with Rodgers about the possibility of joining the campaign, CNN reported that the NFL star had shared in private conversations conspiracy theories about the 2012 Sandy Hook Elementary School shooting not being real, including in one instance to CNN anchor Pamela Brown. In response, Rodgers said in a social media post he has “never been of the opinion that the events did not take place” and called the shooting “an absolute tragedy.” In a statement to CNN, Kennedy campaign spokesperson Stefanie Spear called the Sandy Hook shooting “a horrific tragedy.”Last week, CNN reported that Robbins and Kennedy had met as early as 2023 about Robbins being Kennedy’s running mate. But Robbins made clear to Kennedy that he did not believe this was the right time for him to run for public office.

Persons: Robert F, Kennedy Jr, Nicole Shanahan, Kennedy, Jesse Ventura, Aaron Rodgers, Tulsi Gabbard, Hawaii Republican Sen, Rand Paul of, Andrew Yang, Mike Rowe, Tony Robbins, Tricia Lindsay, Rodgers, Sandy, Pamela Brown, Stefanie Spear, ”, Robbins Organizations: The New York Times, Former Minnesota Gov, Democratic, Hawaii Republican, CNN, NFL, Sandy Hook Elementary Locations: Rand Paul of Kentucky

Former President Donald Trump and President Joe Biden. AP/ReutersPresident Joe Biden and former President Donald Trump held dueling events Saturday in Georgia, where they each attacked the other as their rematch for the White House ramps up. Signs featuring Riley were passed out to the crowd, and Riley's parents met with Trump backstage before he spoke. Trump slammed Biden after the president said he shouldn't have used the term "illegal." He was an illegal migrant, and he shouldn't have been in our country, and he never would have been under the Trump policy," the former president said.

Persons: Donald Trump, Joe Biden, Biden, Viktor Orbán, “, ” Biden, ” Trump, Trump, ”, Laken Riley Biden, Laken Riley's, Riley Organizations: AP, Reuters, Union, Trump, Hungarian, Friday, Biden's, MSNBC, University of Georgia Locations: Georgia, Atlanta, Rome , Georgia, Thursday’s State

☆ Wisconsin Supreme Court, now under liberal control, overturns Republican-favored legislative maps
▼ + stars: | 2023-12-22 | by ( Andrew Menezes | ) edition.cnn.com time to read: +4 min

CNN —The Wisconsin Supreme Court on Friday ruled that the state’s legislative maps, which give Republicans the advantage, are unconstitutional and ordered new lines drawn for the 2024 election. “We are hopeful that the legislative process will produce new legislative district maps,” the ruling stated. During the campaign, now-Justice Janet Protasiewicz, the liberal-favored candidate, called the legislative maps “rigged” and “unfair” and suggested courts should evaluate their constitutionality. After she was seated in August, Democratic-backed groups filed two lawsuits asking the Wisconsin Supreme Court to throw out the Republican-drawn maps. “Fortunately, the U.S. Supreme Court will have the last word.”This story has been updated with additional details.

Persons: “, Sam Hirsch, Tony Evers, Friday’s, ”, ” Evers, Annette Ziegler, Janet Protasiewicz, Protasiewicz, Robin Vos, Vos, CNN’s Eric Bradner, Brad Parks Organizations: CNN, Wisconsin Supreme, US, Badger State, Legislature, ”, ” Wisconsin Gov, Democratic, Republican, U.S, Supreme Locations: Wisconsin, ” Wisconsin, ” “ Wisconsin

☆ Live updates: Trump lawyers argue in Georgia 2020 election case motions hearing
▼ + stars: | 2023-12-01 | by ( Dan Berman | Andrew Menezes | ) edition.cnn.com time to read: +3 min

Fulton Superior Court Judge Scott McAfee departs after presiding over a hearing at the Fulton County Courthouse in Atlanta on November 15. But it’s in Georgia where he and his alleged co-conspirators face a combined 41 state charges for trying to overturn legitimate election results in the 2020 presidential election. This is the first time Trump’s attorneys will appear in court in the Fulton County case, though their client won’t be with them. Trump hasn’t yet been in the Atlanta courthouse – he previously waived his right to an arraignment hearing – though he was processed at the Fulton County jail in late August. Read more about the Georgia election subversion case.

Persons: Scott McAfee, Arvin Temkar, Donald Trump’s, Trump, ” Drew Findling –, Steven Sadow, Jennifer Little, Sadow, “, ” Sadow, Kenneth Chesebro, Sidney Powell, Chesebro, Powell, McAfee Organizations: Reuters, Trump, United Locations: Fulton, Atlanta, Georgia, United States, Fulton County

RIO DE JANEIRO (AP) — The deaths of two people, muggings and a dangerous heat wave left legions of Taylor Swift's Brazilian fans angry and disappointed in the three-day Rio de Janeiro leg of the pop superstar's Eras Tour, which concludes Monday night. It was the second death of a Swift fan in four days. Fans also reported fainting from extreme heat, being mugged or getting caught up in a police raid. Inside the stadium, concertgoers complained of unbearable heat and some said they had difficulty getting access to water. “Come on stage, I want to see you!”The postponement was followed by chaos outside the stadium.

Persons: Taylor Swift's, Gabriel Mongenot Santana Milhomem Santos, Swift, Rio's, Ana Clara Benevides Machado, Benevides, ”, concertgoers, Kléssia Menezes, “, Julia Alvarenga, Alvarenga, “ We’re, Hely Olivares Organizations: RIO DE, Rio’s Municipal Health Department, Forensic Medical Institute, Nilton Santos Olympic, Twitter Locations: RIO DE JANEIRO, Rio de Janeiro, Rio’s, Rio ., Rio, Burger, Brazil, Panama

☆ House speaker vote live updates: Rep. Jim Jordan won't hold third vote today
▼ + stars: | 2023-10-19 | by ( Andrew Menezes | Matt Meyer | ) edition.cnn.com time to read: +2 min

We need to work on fiscal matters of the (Continuing Resolution) expiring 17 November. So I think for our country we need it, but I think it may delay the speaker’s thing. I believe it is a constitutional desecration to not elect a Speaker of the House. We need to stay here until we elect a speaker,” said Rep. Matt Gaetz. We have a job which is to elect a speaker, not a speaker pro tempore.

Persons: Patrick McHenry, Don Bacon, Jim Jordan, ” “, we’ve, We’ve, ”, Marc Molinaro, Jordan, “, Jim, —, Molinaro, Bud Light, Matt Gaetz, can’t, Andy Ogles, McCarthy’s, Ralph Norman, “ I’m Organizations: Republicans, Republican, ” Locations: Israel, McHenry

☆ AstraZeneca succession sickness demands urgent fix
▼ + stars: | 2023-09-15 | by ( Aimee Donnellan | ) www.reuters.com time to read: +3 min

LONDON, Sept 15 (Reuters Breakingviews) - Can a CEO be worth $9 billion? That’s the question posed by the 4% fall in AstraZeneca’s (AZN.L) shares following an article stating boss Pascal Soriot may soon resign. The company has played down the report, and its stock has recovered, but the episode highlights its uncertain position were 64-year-old Soriot to leave. Without a clear succession plan, investors should prepare for further swings. Small wonder investors and analysts wonder whether AstraZeneca will be able to find a successor capable of replicating his success.

Persons: Pascal Soriot, AstraZeneca’s, Ivan Menezes, Debra Crew, Soriot, Susan Galbraith, David Fredrickson, Luke Miels, Soriot’s, Neil Unmack, Streisand Neto Organizations: Reuters, Pfizer, pharma, Novartis, Sanofi, GSK, AstraZeneca, Diageo, Thomson Locations: AstraZeneca’s, Swedish

☆ BP succession fail puts spotlight on its board
▼ + stars: | 2023-09-14 | by ( George Hay | ) www.reuters.com time to read: +4 min

But the surprise departure of former leader Bernard Looney the previous day reflects poorly on the company’s board. Looney’s resignation, after failing to fully disclose details of past relationships with colleagues, appears to have caught BP by surprise. That’s embarrassing for the board, whose responsibilities include planning for succession in case something happens to the CEO. Auchincloss told staff in a brief town hall meeting on Sept. 13 that the company’s aims were unchanged. And our focus remains on performance – quarter by quarter,” Auchincloss, who was previously chief financial officer, told staff, according to a company spokesperson.

Persons: Dado Ruvic, Murray Auchincloss, Helge Lund, Bernard Looney, Debra Crew, Ivan Menezes, Looney, John Browne’s, Browne, Tony Hayward, Hayward, Lund, Bernard Looney’s, Auchincloss, hasn’t, ” Auchincloss, Peter Thal Larsen, Oliver Taslic Organizations: REUTERS, Reuters, Interim, Diageo, BP, Irish, Thomson Locations: British

LONDON, Aug 1 (Reuters) - Tanqueray gin maker Diageo (DGE.L) narrowly beat full-year earnings estimates on Tuesday as sales of its more expensive liquor brands offset lower volumes. Diageo's most expensive brands accounted for 57% of its overall organic net sales growth, it said. Diageo said full-year sales were driven by a strong first half. Diageo said its organic net sales increase reflected gains of 7.3 percentage points from higher prices and a more premium mix while organic sales volumes fell 0.8%. Diageo's organic operating profit rose 7%, beating the 6.3% expected by analysts.

Persons: Bourbon, Don Julio, lockdowns, Johnnie Walker, Morgan's, Tineke Frikkee, Debra Crew, Ivan Menezes, Diageo, Richa Naidu, Louise Heavens, Jason Neely Organizations: Diageo, Waverton Investment Management, Thomson

☆ Ivan Menezes, Who Led a Liquor Giant, Dies at 63
▼ + stars: | 2023-06-14 | by ( Daniel E. Slotnik | ) www.nytimes.com time to read: +1 min

Ivan Menezes, who as chief executive of the spirits corporation Diageo used his canny understanding of the drinking public to help the company grow into a global colossus, died on June 7 in London. The cause was complications of emergency surgery for a stomach ulcer, a Diageo spokesman said. Diageo is omnipresent in the world of alcohol, selling more than 200 brands in more than 180 countries — including Smirnoff vodka, Tanqueray gin, Johnnie Walker Scotch, Captain Morgan rum and Guinness beer — and has the largest global net sales in some spirit categories. Mr. Menezes (pronounced muh-NAY-zes) was trained in marketing, and closely studied consumer sentiment. To him, spirits provided what he called “accessible luxury” to customers — a dram of the good life even in an unstable economy.

Persons: Ivan Menezes, Johnnie Walker Scotch, Morgan, Menezes, ” Mr, Johnnie Walker Blue Organizations: Diageo, Yorker, New York Times Locations: London

CNNHouse Judiciary Chair Jim Jordan on Sunday fiercely defended Donald Trump against his federal indictment, repeatedly claiming that the former president had the ability to declassify documents at any time. But Jordan repeatedly countered that saying he “could have” declassified material as president was not the same as saying he “didn’t” already declassify the material. “He has said time and time again, he's declassified all this material,” Jordan said. Trump is facing his first federal indictment for retention of classified documents and conspiracy with a top aide to hide them from the government and his own attorneys — a total of 37 counts. According to the indictment, classified documents were allegedly kept at various places in Trump's Mar-a-Lago resort, including a public ballroom, bathroom and bedroom.

Persons: Jim Jordan, Donald Trump, “, CNN's Dana Bash, ” Jordan, Jordan, Trump, didn’t, he's, —, CNN's Daniel Dale Organizations: CNN, Sunday, Ohio Republican, Union, Justice Department Locations: Trump's Mar, Lago

☆ US stocks are in the firing line if China’s economy stalls further
▼ + stars: | 2023-06-08 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Recent data shows that China is also contending with worse-than-expected consumer spending, slowing manufacturing and weak home sales. What it means for markets: US-based companies doing business in China stand to lose if the economy continues on a downward trajectory. Qualcomm (QCOM), with a 67% exposure rate to China, issued disappointing forward guidance during earnings last month, citing China’s slow recovery. JD.com (JD), one of the largest Chinese companies trading in the United States, has fallen by nearly 36% this year. The air purifier market is poised to grow as climate change increases air pollution and exacerbates breathing difficulties.

Persons: That’s, China —, Capvision, China Nicholas Burns, ”, Goldman Sachs, Dow, JD.com, Morgan Stanley, Goldman, Ayaz Ebrahim, CARR, Johnson, Ivan Menezes, Diageo, Menezes ’, Menezes, King Charles III, Debra Crew, Johnnie Walker, Ivan, Javier Ferrán, “ Ivan Organizations: CNN Business, Bell, New York CNN, International Monetary Fund, Factories, Bain, Group, Micron Technology, Nasdaq, Apple, Intel, Starbucks, Nike, Bank of America, Las, Qualcomm, Nvidia, Wynn Resorts, WYNN, MGM Resorts, MGM, China . Companies, Dragon, Goldman Sachs Group, Nomura, Barclays, JPMorgan, Asia Pacific, Bloomberg, Google, Carrier Global, Johnson Controls, Economic Co, Diageo, India, Business, ”, Whisky Association, Northwestern University’s Kellogg School of Management Locations: New York, China, Washington, Beijing, United States, Hong Kong, Dragon China, Canada, Pune, India

☆ Ivan Menezes, Longtime CEO of Guinness Maker Diageo, Dies at 63
▼ + stars: | 2023-06-07 | by ( Joseph Hoppe | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ivan-menezes-longtime-ceo-of-guinness-maker-diageo-dies-at-63-20199368

Persons: Dow Jones, ivan, menezes Organizations: guinness, diageo

☆ Diageo's long-time boss Ivan Menezes dies after brief illness
▼ + stars: | 2023-06-07 | by ( ) www.reuters.com time to read: +2 min

June 7 (Reuters) - Diageo (DGE.L) on Wednesday said long-time boss Ivan Menezes, who held the CEO role at the world's biggest spirits company for 10 years, had died after a brief illness. The 63-year-old, who was set to retire at the end of this month, was in hospital receiving treatment for conditions including a stomach ulcer, the Johnnie Walker whisky maker announced this week. British-American national Menezes, born in the Indian city of Pune, joined Diageo after its formation through the merger of Guinness and Grand Metropolitan in 1997. The executive, who was behind the "Keep Walking" campaign for Johnnie Walker when he was marketing head, previously held roles at Whirlpool and Nestle. Menezes, who was awarded a knighthood this year, is survived by his wife and two children.

Persons: Ivan Menezes, Johnnie Walker, Debra, Menezes, Ivan, Javier Ferrán, Julio, Arvind Subramanian, Subramanian, Menzes, Eva Mathews, Sinchita Mitra, Dhanya Skariachan, Sherry Jacob, Phillips, David Evans Organizations: Diageo, American, Guinness, Grand Metropolitan, Whirlpool, Nestle, Government of, Indian Institute of Management, Thomson Locations: Indian, Pune, Government of India, Ahmedabad, India, Bengaluru

☆ Diageo's long-time boss Ivan Menezes passes away after brief illness
▼ + stars: | 2023-06-07 | by ( ) www.reuters.com time to read: +1 min

June 7 (Reuters) - Diageo (DGE.L) said on Wednesday long-time boss Ivan Menezes has passed away following a brief illness. The announcement comes after the world's biggest spirits company on Monday said CEO-designate Debra Crew would assume the top role on an interim basis immediately as Menezes was under medical treatment. British-American national Menezes, 63, who was born in the Indian city of Pune, joined Diageo after its formation through the merger of Guinness and Grand Metropolitan in 1997. Sales at Diageo, the maker of Johnnie Walker whisky, Tanqueray gin and Don Julio tequila, surged under Menezes' leadership, and he steered the company through multiple brand acquisitions as well as a major sustainability overhaul. Reporting by Eva Mathews in Bengaluru; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

Persons: Ivan Menezes, Debra, Menezes, Johnnie Walker, Julio, Eva Mathews, Sherry Jacob, Phillips Organizations: Diageo, American, Guinness, Grand Metropolitan, Thomson Locations: Indian, Pune, Bengaluru

☆ ‘The Girl from Ipanema’ singer Astrud Gilberto dies at 83
▼ + stars: | 2023-06-06 | by ( ) www.cnbc.com time to read: +6 min

Astrud Gilberto, the Brazilian singer, songwriter and entertainer whose off-hand, English-language cameo on "The Girl from Ipanema" made her a worldwide voice of bossa nova, has died at age 83. "The Girl from Ipanema," the wistful ballad written by Antônio Carlos Jobim and Vinícius de Moraes, was already a hit in South America. In a 2002 interview with friends posted on her web site, Astrud Gilberto remembered her husband saying he had a surprise for her at the recording studio. "When we were finished performing the song, Joao turned to Stan, and said something like: 'Tomorrow Astrud sing on record… What do you think?' Astrud Gilberto sings "The Girl from Ipanema" in a light, affectless style that influenced Sade and Suzanne Vega among others, as if she had already moved on to other matters.

Persons: Astrud Gilberto, Paul Ricci, Gilberto, " Getz, Stan Getz, João Gilberto, Antônio Carlos Jobim, Vinícius de Moraes, Getz, Creed Taylor, Stan, Joao, Sade, Suzanne Vega, Norman Gimbel, de Moraes, Heloísa Eneida Menezes Paes Pinto, Taylor, Weinert, Tom Jobim, Bené Nunes, Luis Bonfá, João Donato, João Marcelo Gilberto, Gregory Lasorsa, Chet Baker, George Michael Locations: Brazilian, Ipanema, Salva dor, Bahia, Rio de Janeiro, South America, Brazil

☆ Guinness Maker Diageo Appoints Its First Female CEO
▼ + stars: | 2023-03-28 | by ( Elena Vardon | Michael Susin | ) www.wsj.com time to read: 1 min

Debra Crew, currently Diageo’s chief operating officer, will take over from Ivan Menezes on July 1. Diageo PLC named Debra Crew as its next chief executive, tapping an internal candidate to succeed longstanding leader Ivan Menezes at the helm of the alcoholic beverage company. The London-based maker of Johnnie Walker Scotch whisky, Guinness stout and Smirnoff vodka said Tuesday that Ms. Crew, currently Diageo’s chief operating officer, would take over from Mr. Menezes on July 1. In becoming CEO, she adds to the handful of women that lead one of Britain’s biggest companies.

☆ Diageo CEO Menezes to retire after nearly a decade in role
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: 1 min

March 28 (Reuters) - Diageo (DGE.L) said on Tuesday that Chief Executive Ivan Menezes will retire and leave the Johnnie Walker whisky maker at the end of June, after nearly a decade at the helm. Menezes will be replaced as CEO by Chief Operating Officer (COO) Debra Crew, who will also join the board, Diageo said in a statement. Crew, who took on the role of COO last October, was previously president of Diageo North America and Global Supply from 2020, the company said. Menezes joined Diageo after the merger of Guinness plc and Grand Metropolitan plc in 1997 and has held a number of senior positions in the business, Diageo said. Reporting by Yadarisa Shabong in Bengaluru; editing by Savio D'Souza and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

☆ Easy Diageo succession belies new CEO’s hard job
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +2 min

On Tuesday, the 80 billion pound maker of Guinness and Don Julio tequila announced that Chief Operating Officer Debra Crew would replace CEO Ivan Menezes in July. Menezes has been gunning for 5%-7% annual revenue growth and a 6%-9% annual increase in operating profit over the next three years. The company operates with a 31% operating profit margin, higher than its closest rival Pernod Ricard (PERP.PA), which runs on 29%. With the price of staff, ingredients and packaging soaring, cost cutting will be hard to pull off. Diageo’s smooth succession may lay the path for a bumpy road.

☆ Johnnie Walker maker Diageo appoints Debra Crew CEO
▼ + stars: | 2023-03-28 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —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. Diageo is the seventh-largest member of the FTSE 100 (UKX) index and will now become the largest UK-listed company led by a woman. There are just nine other FTSE 100 (UKX) companies led by women, including pharmaceutical company GlaxoSmithKline (GLAXF) and bank NatWest. Diageo is the world’s fourth biggest alcoholic drinks company by market value, after AB InBev (BUD) and China’s Wuliangye Yibin and Kweichow Moutai.

Search resuls for: "menezes"

25 mentions found