British American Tobacco reshuffles regional directors

Cigarette and tobacco giant British American Tobacco has announced that it is losing two of its Regional Directors at the end of the year, although replacements for both of them have been found.

Cigarette and tobacco giant British American Tobacco has announced that it is losing two of its Regional Directors at the end of the year, although replacements for both of them have been found.

David Fell, the Regional Director of Asia Pacific, who has been with the company for 23 years, will be replaced by Jack Bowles, who is currently the Regional Director of the Americas.

His role will be taken over by the current Global Consumer Director, Ricardo Oberlander.

Mark Cobben, the Regional Director of Western Europe, will be replaced by Naresh Sethi, who is currently the Business Development Director.

"I am confident that Ricardo's enormous energy and knowledge will bring a new dimension to the board, and that Naresh and Jack will deliver to the highest of standards in their new challenges," Nicandro Durante, Chief Executive Officer of British American Tobacco said.

NR

Recommended

A new legal headache for Haleon
Stocks and shares

A new legal headache for Haleon

Haleon, GSK’s former consumer-products arm, spun off last month, has made a dismal debut on the stockmarket.
17 Aug 2022
Persimmon yields 12.3%, but can you trust it to deliver?
Share tips

Persimmon yields 12.3%, but can you trust it to deliver?

With a dividend yield of 12.3%, Persimmon looks like a highly attractive prospect for income investors. But that sort of yield can also indicate compa…
17 Aug 2022
Cineworld faces a bleak future – investors should stay away
Share tips

Cineworld faces a bleak future – investors should stay away

Weighed down by crippling debts and with consumers tightening their belts, Cineworld's future does not look bright, says Rupert Hargreaves. Investors …
17 Aug 2022
Britain’s ten most-hated shares – w/e 12 August
Stocks and shares

Britain’s ten most-hated shares – w/e 12 August

Rupert Hargreaves looks at Britain's ten most-hated shares, and what short-sellers are looking at now.
16 Aug 2022

Most Popular

Don’t listen to the doom-mongers – the future is bright
Economy

Don’t listen to the doom-mongers – the future is bright

With volatile markets, raging inflation and industrial unrest, it may feel like things are bad and likely to get worse. But the end of the world is no…
15 Aug 2022
Investors should get ready for a political revolution
UK Economy

Investors should get ready for a political revolution

Liz Truss will beat Rishi Sunak, cut taxes, and then shake up the Bank of England, says Helen Thomas
15 Aug 2022
How solar panels could lower your energy bill
Energy

How solar panels could lower your energy bill

Solar-panel installation firms are reporting a four-fold increase in orders this year compared with 2021. Ruth Jackson-Kirby explains how solar can he…
14 Aug 2022