Difference between revisions of "British American Tobacco"
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! style="font-weight:bold; width:20%" |Name | ! style="font-weight:bold; width:20%" |Name | ||
! style="font-weight:bold; width:20%" |Position | ! style="font-weight:bold; width:20%" |Position | ||
− | ! style="font-weight:bold; width:40%" |Bio | + | ! style="font-weight:bold; width:40%" |Bio <ref>http://www.bat.com/group/sites/UK__9D9KCY.nsf/vwPagesWebLive/DO52ADFJ Accessed: 6th June, 2018</ref> |
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|Richard Burrows | |Richard Burrows | ||
|Chairman | |Chairman | ||
− | | | + | |Richard Burrows joined the Board of British American Tobacco as a Non-Executive Director in September 2009 and became Chairman in November 2009. He is also Chairman of the Nominations Committee. |
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| Nicandro Durante | | Nicandro Durante | ||
| Chief Executive | | Chief Executive | ||
− | | Nicandro has extensive leadership skills developed in various senior international roles in the | + | | Nicandro Durante became British American Tobacco’s Chief Executive in March 2011. Nicandro has extensive leadership skills developed in various senior international roles in the Group. He originally joined the British American Tobacco as Chief Operating Officer in January 2008 after almost two years in the role of Regional Director for Africa & Middle East. Nicandro was appointed Chief Executive Designate in September 2010. Nicandro, who is Brazilian / Italian, holds degrees in finance, economics and business administration. He joined British American Tobacco’s Brazilian subsidiary Souza Cruz in 1981, after three years working in finance in two Brazilian companies and built a successful finance career. In 1995 he was seconded to the UK head office. In 1997 Nicandro was appointed Finance Director in Hong Kong before returning to Brazil in 2000 as Finance Director for Souza Cruz. In April 2002 he was appointed President of Souza Cruz. Nicandro was appointed as a Non-Executive Director of Reckitt Benckiser Group plc in December 2013. |
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− | Nicandro, who is Brazilian / Italian, holds degrees in finance, economics and business administration. | ||
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− | He joined British American Tobacco’s Brazilian subsidiary Souza Cruz in 1981, after three years working in finance in two Brazilian companies and built a successful finance career. In 1995 he was seconded to the UK head office. | ||
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− | In 1997 Nicandro was appointed Finance Director in Hong Kong before returning to Brazil in 2000 as Finance Director for Souza Cruz. In April 2002 he was appointed President of Souza Cruz. | ||
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− | Nicandro was appointed as a Non-Executive Director of Reckitt Benckiser Group plc in December 2013. | ||
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| Ben Stevens | | Ben Stevens | ||
| Finance Director | | Finance Director | ||
− | | Ben joined the Board of British American Tobacco p.l.c. in March 2008 and was appointed to the role of Finance Director in April 2008. | + | | Ben joined the Board of British American Tobacco p.l.c. in March 2008 and was appointed to the role of Finance Director in April 2008. He was previously Director of British American Tobacco’s Europe region, a position he had held since 2004. |
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− | He was previously Director of British American Tobacco’s Europe region, a position he had held since 2004. | ||
− | Ben has broad international experience spanning both senior finance and general management roles. He joined British American Tobacco in 1990 as Regional Finance Controller with responsibilities for Europe, East Africa and South Asia and in 1994 moved to Switzerland where he worked in a variety of | + | Ben has broad international experience spanning both senior finance and general management roles. He joined British American Tobacco in 1990 as Regional Finance Controller with responsibilities for Europe, East Africa and South Asia and in 1994 moved to Switzerland where he worked in a variety of marketing roles. In 1995 Ben became Chairman and Managing Director of the Pakistan Tobacco Company before being appointed Chairman and Managing Director of British American Tobacco Russia in 1997. In 1998 he returned to the UK as Head of Corporate Affairs for the newly listed British American Tobacco p.l.c. and in the following year was appointed Head of Merger Integration following the merger with Rothmans. He was appointed to the Management Board as Development Director in April 2001 where his responsibilities included corporate strategy, mergers and acquisitions and IT. Ben was elected as a member of the Board of Directors of ISS A/S on 5 April 2016. Ben, a graduate of Manchester University and the Manchester Business School, is married with two children. |
− | marketing roles. | + | |- |
− | + | | Kieran Poynter | |
− | In 1995 Ben became Chairman and Managing Director of the Pakistan Tobacco Company before being appointed Chairman and Managing Director of British American Tobacco Russia in 1997. | + | | Senior Independent Director |
− | + | | Kieran Poynter became a Non-Executive Director of British American Tobacco p.l.c. in July 2010. He became Senior Independent Director in October 2016. He is Chairman of the Audit Committee and a member of the Nominations Committee. | |
− | In 1998 he returned to the UK as Head of Corporate Affairs for the newly listed British American Tobacco p.l.c. and in the following year was appointed Head of Merger Integration following the merger with Rothmans. | ||
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− | He was appointed to the Management Board as Development Director in April 2001 where his responsibilities included corporate strategy, mergers and acquisitions and IT. | ||
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− | Ben was elected as a member of the Board of Directors of ISS A/S on 5 April 2016. | ||
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− | Ben, a graduate of Manchester University and the Manchester Business School, is married with two children. | ||
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| Sue Farr | | Sue Farr | ||
| Non-Executive Director | | Non-Executive Director | ||
| Sue Farr was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director in February 2015. She is a member of the Nominations and Remuneration Committees. | | Sue Farr was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director in February 2015. She is a member of the Nominations and Remuneration Committees. | ||
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| Dr. Marion Helmes | | Dr. Marion Helmes | ||
| Non-Executive Director | | Non-Executive Director | ||
| Dr. Marion Helmes joined the Board of British American Tobacco p.l.c. as a Non-Executive Director on 1 August 2016. She is a member of the Audit and Nominations Committees. | | Dr. Marion Helmes joined the Board of British American Tobacco p.l.c. as a Non-Executive Director on 1 August 2016. She is a member of the Audit and Nominations Committees. | ||
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| Luc Jobin | | Luc Jobin | ||
| Non-Executive Director | | Non-Executive Director | ||
− | | Luc Jobin was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director on 25 July 2017 following completion of the acquisition of Reynolds American Inc. He is a member of the Nominations and Remuneration Committees | + | | Luc Jobin was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director on 25 July 2017 following completion of the acquisition of Reynolds American Inc. He is a member of the Nominations and Remuneration Committees |
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| Holly Keller Koeppel | | Holly Keller Koeppel | ||
| Non-Executive Director | | Non-Executive Director | ||
| Holly Keller Koeppel was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director on 25 July 2017 following completion of the acquisition of Reynolds American Inc. She is a member of the Audit and Nominations Committees. | | Holly Keller Koeppel was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director on 25 July 2017 following completion of the acquisition of Reynolds American Inc. She is a member of the Audit and Nominations Committees. | ||
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| Savio Kwan | | Savio Kwan | ||
| Non-Executive Director | | Non-Executive Director | ||
| Savio Kwan was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director in January 2014. He is a member of the Nominations and Remuneration Committees. | | Savio Kwan was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director in January 2014. He is a member of the Nominations and Remuneration Committees. | ||
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| Lionel L. Nowell, III | | Lionel L. Nowell, III | ||
| Non-Executive Director | | Non-Executive Director | ||
− | | Lionel | + | | Lionel Nowell, III was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director on 25 July 2017 following completion of the acquisition of Reynolds American Inc. He is a member of the Audit and Nominations Committees. |
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| Dimitri Panayotopoulos | | Dimitri Panayotopoulos | ||
| Non-Executive Director | | Non-Executive Director | ||
| Dimitri Panayotopoulos was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director in February 2015. He is Chairman of the Remuneration Committee and a member of the Nominations Committee. | | Dimitri Panayotopoulos was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director in February 2015. He is Chairman of the Remuneration Committee and a member of the Nominations Committee. | ||
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Revision as of 15:25, 3 July 2018
Contents
Company Overview
British American Tobacco is the second most profitable publicly traded tobacco company in the world behind PMI. It is currently valued at $80 billion USD. In 2017, British American Tobacco generated £XXX ($XXX billion USD) in profits. The company reported 907 billion sticks in cigarette volume sold worldwide, down by 1% from 2016. According to tobacco market analysts at Euromonitor International, BAT held a XXX retail volume market share in cigarettes worldwide in 2017 and a XXX volume share of the global market (excluding China).
Board Members
Name | Position | Bio [1] |
---|---|---|
Richard Burrows | Chairman | Richard Burrows joined the Board of British American Tobacco as a Non-Executive Director in September 2009 and became Chairman in November 2009. He is also Chairman of the Nominations Committee. |
Nicandro Durante | Chief Executive | Nicandro Durante became British American Tobacco’s Chief Executive in March 2011. Nicandro has extensive leadership skills developed in various senior international roles in the Group. He originally joined the British American Tobacco as Chief Operating Officer in January 2008 after almost two years in the role of Regional Director for Africa & Middle East. Nicandro was appointed Chief Executive Designate in September 2010. Nicandro, who is Brazilian / Italian, holds degrees in finance, economics and business administration. He joined British American Tobacco’s Brazilian subsidiary Souza Cruz in 1981, after three years working in finance in two Brazilian companies and built a successful finance career. In 1995 he was seconded to the UK head office. In 1997 Nicandro was appointed Finance Director in Hong Kong before returning to Brazil in 2000 as Finance Director for Souza Cruz. In April 2002 he was appointed President of Souza Cruz. Nicandro was appointed as a Non-Executive Director of Reckitt Benckiser Group plc in December 2013. |
Ben Stevens | Finance Director | Ben joined the Board of British American Tobacco p.l.c. in March 2008 and was appointed to the role of Finance Director in April 2008. He was previously Director of British American Tobacco’s Europe region, a position he had held since 2004.
Ben has broad international experience spanning both senior finance and general management roles. He joined British American Tobacco in 1990 as Regional Finance Controller with responsibilities for Europe, East Africa and South Asia and in 1994 moved to Switzerland where he worked in a variety of marketing roles. In 1995 Ben became Chairman and Managing Director of the Pakistan Tobacco Company before being appointed Chairman and Managing Director of British American Tobacco Russia in 1997. In 1998 he returned to the UK as Head of Corporate Affairs for the newly listed British American Tobacco p.l.c. and in the following year was appointed Head of Merger Integration following the merger with Rothmans. He was appointed to the Management Board as Development Director in April 2001 where his responsibilities included corporate strategy, mergers and acquisitions and IT. Ben was elected as a member of the Board of Directors of ISS A/S on 5 April 2016. Ben, a graduate of Manchester University and the Manchester Business School, is married with two children. |
Kieran Poynter | Senior Independent Director | Kieran Poynter became a Non-Executive Director of British American Tobacco p.l.c. in July 2010. He became Senior Independent Director in October 2016. He is Chairman of the Audit Committee and a member of the Nominations Committee. |
Sue Farr | Non-Executive Director | Sue Farr was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director in February 2015. She is a member of the Nominations and Remuneration Committees. |
Dr. Marion Helmes | Non-Executive Director | Dr. Marion Helmes joined the Board of British American Tobacco p.l.c. as a Non-Executive Director on 1 August 2016. She is a member of the Audit and Nominations Committees. |
Luc Jobin | Non-Executive Director | Luc Jobin was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director on 25 July 2017 following completion of the acquisition of Reynolds American Inc. He is a member of the Nominations and Remuneration Committees |
Holly Keller Koeppel | Non-Executive Director | Holly Keller Koeppel was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director on 25 July 2017 following completion of the acquisition of Reynolds American Inc. She is a member of the Audit and Nominations Committees. |
Savio Kwan | Non-Executive Director | Savio Kwan was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director in January 2014. He is a member of the Nominations and Remuneration Committees. |
Lionel L. Nowell, III | Non-Executive Director | Lionel Nowell, III was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director on 25 July 2017 following completion of the acquisition of Reynolds American Inc. He is a member of the Audit and Nominations Committees. |
Dimitri Panayotopoulos | Non-Executive Director | Dimitri Panayotopoulos was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director in February 2015. He is Chairman of the Remuneration Committee and a member of the Nominations Committee. |
Key Executives
Name | Position | Bio |
---|---|---|
... | Chairman of the Board | ... |
Investments in Unconsolidated Subsidiaries ("significant" > 20 percent management control):
An unconsolidated subsidiary is a company that is owned by a parent company, but whose individual financial statements are not included in the consolidated or combined financial statements of the parent company to which it belongs. Instead, this type of company appears in the combined financial statement as an investment.[2]
Subsidiary Name | Country | Interest amount (percentage) | Interest Type | Notes |
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Emirati Investors-TA (FZC) | United Arab Emirates | 49 | Equity |
List of Significant Subsidiaries
Subsidiary Name | State or Country of Organization | Region |
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Philip Morris Japan Limited | Japan | East Asia & Australia |
2018 Forecast
...
Profitability
Annual trends
Fiscal year (January to December)(in billions USD) | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|
Revenues or Net Sales | $--.-- | $--.-- | $--.-- | $--.-- | $--.-- |
Gross Profit | $--.-- | $--.-- | $--.-- | $--.-- | $--.-- |
Profits per region (in millions USD)
Region
Region | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|
Net Revenues | $- | $- | $- | ||
Excise taxes on products | $- | $- | $- | ||
Net Revenues, excluding excise taxes on products | $- | $- | $- | ||
Operating companies income | $- | $- | $- |
Acquisitions
Recent acquisitions | Acquired Organization Name | Acquiring Organization Name | Announced Date | Value |
---|---|---|---|---|
x acquired by y | x | y | z/zz/zzzz | $0.00 |
Investments
Investments | Organizational Name | Funding Type | Money Raised | Announced Date |
---|---|---|---|---|
a | b | c | d | zz/zz/zzzz |
Factory closures
Dividends
Volumes
Volume of Cigarettes by Region
Region | 2017 (Billions) (percent) | 2016 (Billions) | 2015 (Billions) | 2014 (Billions) | 2013 (Billions) |
---|---|---|---|---|---|
Region 1 | - (-) | - | - | - | - |
Region 2 | - (-) | - | - | - | - |
Region 3 | - (-) | - | - | - | - |
Region 4 | - (-) | - | - | - | - |
Total | - (-) | - | - | - | - |
Product unit volume
Product Category | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|
Tobacco Units (in billions) | - | - | - | - | - |
Heated tobacco (in billions) | -.- | -.- | -.- | -.- | -.- |
Total | -.- | -.- | -.- | -.- | -.- |
Percentage | -.- | -.- | -.- | -.- | -.- |