Public Affairs
United Kingdom
BAT Changes Finance Directors
London — British American Tobacco P.L.C. (BAT) has announced that Paul Rayner will be retiring from his position as Finance Director and from the Board of the Company at the Annual General Meeting in 30 April.
Ben Stevens, the current Regional Director for Europe, will join the Board in March to succeed Rayner as Finance Director. Ben joined the BAT in 1990, and has since held many financial and general management positions in countries around the world. In 2001 he was promoted to the Management Board, responsible for M&A and corporate strategy before he took his current role as Regional Director in 2004.
Chairman of British American Tobacco Jan du Plessis said: “We are not only losing a brilliant Finance Director, but somebody who is widely respected and much liked by his colleagues worldwide.
“It is nevertheless testimony to the quality of the Group’s management that we have an immediately available successor of Ben’s caliber… I have no doubt that our Group’s finances will be in good hands."
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