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BTI British American Tobacco PLC

29.66
0.24 (0.82%)
Pre Market
Last Updated: 09:33:43
Delayed by 15 minutes
Share Name Share Symbol Market Type
British American Tobacco PLC NYSE:BTI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.24 0.82% 29.66 2,080 09:33:43

British American Tobacco Names Johan Vandermeulen as COO

19/06/2023 7:50am

Dow Jones News


British American Tobacco (NYSE:BTI)
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From May 2023 to May 2024

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   By Elena Vardon 
 

British American Tobacco on Monday said it has appointed Johan Vandermeulen as its chief operating officer as it restructures its management board.

The FTSE 100 tobacco group said Vandermeulen would take up the role on July 1 and will focus on driving business performance, operations and short-term and sustainable delivery.

The company also named Kingsley Wheaton as its chief strategy and growth officer, effective on Sept. 1. The new role will focus on strategic development and delivering sharper consumer focus, it said.

BAT said that the existing roles of chief transformation officer--Vandermeulen's former title--and chief growth officer--Wheaton's former role--will be removed from the board as their accountabilities transfer within the new structure.

"This refreshed Management Board structure is critical to my commitment to build a progressive and agile organisation with a collaborative and inclusive culture, enabling simultaneous performance and transformation," Chief Executive Tadeu Marroco said.

 

Write to Elena Vardon at elena.vardon@wsj.com

 

(END) Dow Jones Newswires

June 19, 2023 02:35 ET (06:35 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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