Company
British American Tobacco
British American Tobacco is a multinational tobacco company focused on transitioning smokers to smokeless alternatives including heated tobacco, vapour, and oral nicotine products. The company invests in science and research to develop reduced-risk products and operates a portfolio of brands serving global consumers. BAT emphasizes tobacco harm reduction and sustainability as core elements of its business transformation strategy.
British American Tobacco is a publicly traded company operating in the tobacco industry, tobacco industry and food and tobacco industry sectors, based in the United Kingdom. It trades on the London Stock Exchange under the ticker BATS.
Leadership
Former
Recent developments
AI summary of recent coverageRecent coverage of British American Tobacco has focused on leadership transitions and regulatory scrutiny. The company appointed finance director Tadeu Marroco as chief executive in May 2023, succeeding Jack Bowles after four years in the role. Additionally, British American Tobacco faced significant accountability measures, including a $635 million fine for sanctions breaches related to cigarette sales to North Korea and broader global attention on tobacco industry accountability.
Summarized from the headlines in the sidebar; see each source for the full story.