British American Tobacco

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
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.

Subsidiary Name	Country	Interest amount (percentage)	Interest Type	Notes
Emirati Investors-TA (FZC)	United Arab Emirates	49	Equity

List of Significant Subsidiaries

Subsidiary Name	State or Country of Organization	Region
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

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	-.-	-.-	-.-	-.-	-.-