Paul Walsh Talks Beam, Cuervo and US Spirits

Dear Client: Diageo chief Paul Walsh spoke with WSJ this weekend, touching on much speculated about topics like a potential Beam Inc. takeover and the future of their distribution deal with Cuervo. Paul also confirmed industry chatter that newly appointed coo Ivan Menezes would be his natural successor when he eventually retires. He notes that Ivan is the "lead internal candidate," and although there are a number of other "talented players" in the industry, Paul believes Ivan "is the lead