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c 2017. </ref> British American Tobacco has a strong presence in Lausanne, Switzerland and at cigarette factory at Boncourt, canton Jura. <ref> [https://web.archive.org/save/https://www.swissinfo.ch/eng/politics/lobbying_switzerland--the-land-of-the-tobacco-industry/44449446 Switzerland: the land of the tobacco industry], ''Swissinfo.ch'', 3 October 2018, Accessed 14 April 2019 </ref> In 2019, British American Tobacco reported a revenue increase by 5.7 percent to GBP 25,877 million. {{r|BAT_YE_2019|p=2}} At the May 2020 AGM, shareholders signaled their discontent at the annual meeting by narrowly voting against an advisory vote on compensation for the company’s executives. A preliminary result of the votes indicated that about 51% of shareholders voted against the advisory, while 49 percent voted for it. <ref>[https://web.archive.org/save/https://www.richmond.com/business/altria-shareholders-narrowly-reject-advisory-vote-on-executive-compensation-new-ceo-says-he-likes-the/article_6cb62c34-226e-5d77-8981-d7cfb87e81e5.html Altria shareholders narrowly reject advisory vote on executive compensation; new CEO says he likes the way company is positioned], ''Richmond'', 14 May 2020, 19 June 2020</ref> | c 2017. </ref> British American Tobacco has a strong presence in Lausanne, Switzerland and at cigarette factory at Boncourt, canton Jura. <ref> [https://web.archive.org/save/https://www.swissinfo.ch/eng/politics/lobbying_switzerland--the-land-of-the-tobacco-industry/44449446 Switzerland: the land of the tobacco industry], ''Swissinfo.ch'', 3 October 2018, Accessed 14 April 2019 </ref> In 2019, British American Tobacco reported a revenue increase by 5.7 percent to GBP 25,877 million. {{r|BAT_YE_2019|p=2}} At the May 2020 AGM, shareholders signaled their discontent at the annual meeting by narrowly voting against an advisory vote on compensation for the company’s executives. A preliminary result of the votes indicated that about 51% of shareholders voted against the advisory, while 49 percent voted for it. <ref>[https://web.archive.org/save/https://www.richmond.com/business/altria-shareholders-narrowly-reject-advisory-vote-on-executive-compensation-new-ceo-says-he-likes-the/article_6cb62c34-226e-5d77-8981-d7cfb87e81e5.html Altria shareholders narrowly reject advisory vote on executive compensation; new CEO says he likes the way company is positioned], ''Richmond'', 14 May 2020, 19 June 2020</ref> | ||
− | In April 2021, more than 38 percent of | + | In April 2021, more than 38 percent of BAT shareholders opposed the directors’ remuneration report after CEO Jack Bowles received a 3 per cent increase in his salary to GBP 1.3 million, following a 9.5 per cent rise the year before. <ref>[https://web.archive.org/save/https://www.thetimes.co.uk/article/executive-pay-row-sparks-bat-shareholder-revolt-wwx9kp8zs Executive pay row sparks BAT shareholder revolt], ''The Times'', 29 April 2021, Accessed 10 May 2021 </ref> |
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===Key Executives=== | ===Key Executives=== |