British American Tobacco Creates Chief Operating Officer Role
August 31 2017 - 2:24AM
Dow Jones News
By Ian Walker
LONDON--British American Tobacco PLC (BATS.LN) said Thursday it
has appointed Jack Bowles to the newly-created role of chief
operating officer for international business, as part of its plan
to simplify its regional structure following the acquisition of
Reynolds American Inc.
Mr. Bowles, who is currently Asia-Pacific regional director,
will take on his new role Oct. 1.
As part of the simplification plan, the company said it will
crate three new regions: the Americas and Sub-Saharan Africa;
Europe and North Africa; and Asia-Pacific and the Middle East.
The group also said it plans to fully integrate its
next-generation products business into core operations. The
next-generation business includes vapor products like
e-cigarettes.
BATs took full control of Reynolds American in January after
buying the remaining 57.8% of the company it didn't already own for
$49.4 billion in shares and cash. The deal was completed on July
25.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
August 31, 2017 03:09 ET (07:09 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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