Aviation services business John Menzies announced on Friday that chief executive officer Giles Wilson is stepping down to take up the role of chief financial officer at William Grant & Sons, the drinks group that owns Glenfiddich Scotch whisky and Hendricks Gin. Wilson will stay on at Menzies until the end of August.

He will not be replaced as the company looks to “streamline the executive structure”.

Executive chairman Philipp Joeinig will take a more active role in overseeing the running of the group and the senior executive team will now consist of chief operating officer Mervyn Walker, chief financial officer Alvaro Gomez-Reino and corporate affairs director John Geddes. Menzies said they will increase their duties as required and will each report directly to Joeinig.