Share Prices & Company Research

Market News

15 Oct 2020 | 08:17

British American Tobacco names Luc Jobin as next chairman

(Sharecast News) - British American Tobacco has nominated Luc Jobin to take over as chairman following the intended departure of Richard Burrows in April 2021.

Jobin, the former chief executive of Canadian National Railway Company, will be appointed as chairman designate on 1 March and fully assume the role following BATS' annual general meeting on 28 April.

The FTSE 100-listed firm said on Thursday that Jobin was tapped for the position after "a comprehensive search of external and internal candidates" for someone to help BATS accelerate the delivery of its transformation strategy towards "A Better Tomorrow".

Burrows, who will retire from the board at the end of the 2021 AGM, said: "Luc brings with him significant financial, regulatory and M&A experience. He has been an outstanding non-executive director over the last three years, providing consistent support, insight and constructive challenge through the development of strategy."

As of 0815 BST, BATS shares were down 1.88% at 2,616.0p.
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.