By Maryam Cockar

British American Tobacco PLC (BATS.LN) said Thursday that Chief Executive Nicandro Durante will retire on April 1, 2019 after nearly three decades with the company and eight years as CEO.

The tobacco company said it has identified a lead candidate to succeed Mr. Durante and will make a further announcement in due course.

Write to Maryam Cockar at maryam.cockar@dowjones.com

(END) Dow Jones Newswires

September 20, 2018 02:24 ET (06:24 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
British American Tobacco (NYSE:BTI)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more British American Tobacco Charts.
British American Tobacco (NYSE:BTI)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more British American Tobacco Charts.