British American Tobacco (M) Bhd managing director Jack Bowles speaking to the reporters at a press conference after the companys AGM yesterday.(Date: April 20, 09, Venue: PJ Hilton)
GENEVA: British American Tobacco
Plc picked a 14-year company veteran to become its new chief executive officer as tobacco companies face the possibility that smoking alternatives such as electronic cigarettes will replace their traditional products.
Chief operating officer Jack Bowles (pic) 54, who has experience running the American, European and Asian regions for BAT, will replace Nicandro Durante, who steps down on April 1, the company said, the same day that rival Imperial Brands Plc forecast its revenue from next-generation products could reach £1.5bil in 2020.
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