-- British American Tobacco Chief Executive Nicandro Durante is set to leave the company at some point during the next year following a slump in its share price, Sky News reports, citing unknown sources.

-- Mr. Durante is likely to be replaced by an internal candidate, with Chief Operating Officer Jack Bowles being the front runner, according to Sky. However, Sky said the timing of the announcement of the succession is unclear.

-- BAT declined to comment to Sky.

Full story: https://bit.ly/2ppqPkm

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(END) Dow Jones Newswires

September 20, 2018 01:44 ET (05:44 GMT)

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