Page 7 - TOP Magazine Sept/Oct 2012

20
TOBACCO OUTLET BUSINESS
SEPTEMBER/OCTOBER 2012
NEWS & TRENDS
Announcing the
Tobacco Outlet Business
Web Site
Visit tobonline.com for breaking industry news,
information about TPE 2013 and recent issues
of the magazine.
Tobacco Outlet Business
s technology team has been hard
at work redesigning the magazine’s web site. Visit us on the
Internet for:
Breaking industry news
A flip presentation of all editorial content in the most recent
and past issues
A media kit, detailing specifications, rates, ad and editorial
closing dates
A link to Tobacco Plus Expo, the
industry’s premier trade show
Streaming banners and fixed
advertising boxes
Tobacco Plus Expo and
Tobacco
Outlet Busines
s have also joined
the Social Media ranks. Visit us
on Facebook today!
Beth Glover has
joined Kenly, North
Ca ro l i na -based
Daughters & Ryan
as the company’s
comptroller. With
more than 25 years
of
experience
in all aspects of
administrative and
financial operations, Glover comes to the
premium pipe tobacco manufacturer and
distributor of smoking accessories with
extensive experience, including tenures at
a national audit and compliance firm and a
mid-size domestic cigarette manufacturer.
Beth has a great personality and I am
confident she will help streamline our
organization and improve accountability
in all aspects of our business,” says Mark
Ryan, president of D&R Tobacco. “Beth is a
great fit at the right time.We believe shewill
bring Daughters & Ryan to the next level as
an organization.”
Glover has diverse experience in
financial management and control
systems, bookkeeping and real-time cash
management practices, inventory control
and audit processes, record keeping
and reporting procedures, and banking/
accountant relationships. She has also
worked on the production side of the
tobacco industry and possesses a keen
understanding of goals and objectives,
and how to keep business finances on
track.
I am so excited to be a part of
the Daughters & Ryan company and
management philosophy,” notes Glover. “I
believe I can grow with the company and
I look forward to helping them implement
new management accounting systems,
improve overall financial and reporting
processes, and provide advanced financial
analysis of all our lines of business.”
Daughters & Ryan Announces New Comptroller
Light” Case Not
Heavy Enough
A New Hampshire court ruled to deny
class action certification to smokers
suing Philip Morris.
The New Hampshire Supreme Court overturned a trial
court’s class-action certification of smokers seeking
refunds fromPhilipMorris USA for the “light” cigarettes
they smoked.
The court recognized correctly that there are too
many individual issues for this case to be treated as a
class action,” saidMurray Garnick, Altria Client Services
senior vice president and associate general counsel.
The Altria Group is the parent company of PM USA.
This court joins 15 courts which have rejected these
cases on a variety of legal and factual grounds.”
In its ruling, the court stated that “between 1976
and 1995, substantial information was available to
consumers concerning the fact that light cigarettes are
as harmful to smokers as regular cigarettes.” The court
further noted that the state should therefore not assume
all the smokerswere unaware that light cigarettes are as
dangerous as regular cigarettes.
The court’s decision overturned a 2010 order by
MerrimackCountySuperior Court Judge LarrySmukler.
Earlier this year, the Minnesota Supreme Court also
ended a “Lights” class action against PM USA, ruling
that theclaimwaspreventedby theTobaccoSettlement
Agreement signed in 1998.