(Alliance News) - British American Tobacco PLC on Thursday said Non-Executive Director Luc Jobin will succeed Richard Burrows as chair at the conclusion of the company's annual general meeting in April 2021.
Jobin will be appointed as chair-designate in March. Jobin joined the BAT board in 2017. He previously served as chief executive officer of Canadian National Railway Co. From 2003 to 2005, he was CEO of Imperial Tobacco Canada.
Senior Independent Director Dimitri Panayotopoulos said: "The board was clear that it was looking for a candidate with energy and personality to lead the board while BAT embraces the strategic opportunities of our corporate transformation. His significant North American experience and his track record in consumer and customer businesses, set against a strong list of external and internal candidates, made Luc the ideal candidate."
Shares in the Dunhill cigarettes maker were down 2.8% at 2,590.50 pence each in London on Thursday morning. In Johannesburg, they were down 2.2% at ZAR561.97.
By Tapan Panchal; tapanpanchal@alliancenews.com
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British American Tobacco (BATS)