“I am delighted that the Board has appointed Luc as the incoming Chairman for BAT,” said Richard Burrows, current chairman of BAT. “Luc brings with him significant financial, regulatory and M&A experience. He has been an outstanding non-executive director over the last three years, providing consistent support, insight and constructive challenge through the development of strategy. I am sure that BAT will go from strength to strength with Luc as Chairman and Jack Bowles as Chief Executive Officer.”
Dimitri Panayotopoulos, senior independent director of BAT, added: “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.”
For all the latest news from British American Tobacco, visit bat.com.