To view the PDF file, sign up for a MySharenet subscription.

BRITISH AMERICAN TOBACCO PLC - Management board changes

Release Date: 31/10/2012 10:00
Code(s): BTI     PDF:  
Wrap Text
Management board changes

British American Tobacco p.l.c.
Incorporated in England and Wales
(Registration number: 03407696)
Short name: BATS
Share code: BTI
ISIN number: GB0002875804
("British American Tobacco p.l.c." or "the Company")

                               Management Board Changes
                               at British American Tobacco

David Fell, Regional Director – Asia Pacific, will step down from the Management Board at the
end of December 2012 and will leave the Group at the end of March 2013. After over 23 years
with the Group, over 4 years of which were on the Management Board based in the UK and
Hong Kong, David will now be able to spend more time with his wife and family who live in
Australia.

Mark Cobben, Regional Director – Western Europe, will also step down from the Management
Board and will leave the Group at the end of December 2012. Mark has been with the Group
for over 19 years, and was appointed to the Management Board in 2007, firstly as Regional
Director – Americas, and most latterly leading the European business. Mark steps down to
pursue other interests outside BAT.

Commenting on these departures, Nicandro Durante, Chief Executive Officer of British
American Tobacco remarked, “Both David and Mark have dedicated a very large part of their
professional careers to British American Tobacco, and have made significant contributions to
the performance of the Group. I thank them both as colleagues and friends and wish them well
for the future.”

Jack Bowles, currently Regional Director – Americas, will be appointed as Regional Director –
Asia Pacific on 1st January 2013. Jack joined the Management Board in 2008, after running the
French and Malaysian businesses and has over 20 years of tobacco industry experience.

Naresh Sethi, currently Business Development Director, will be appointed Regional Director –
Western Europe on 1st January 2013. Naresh joined the Management Board in January this
year and has 23 years of experience in the tobacco industry, having held various Marketing
roles in India with ITC Limited, and then with the Group in Indonesia, West Africa, Australasia
and most recently in Japan.

Ricardo Oberlander, currently Global Consumer Director, will be appointed as Regional
Director – Americas on 1st January 2013. Ricardo joined Souza Cruz in May 1989 and has held
various roles including Marketing Director of our Malaysian business, Regional Marketing
Manager for the Americas and General Manager in France.

Commenting on these appointments, Nicandro said “I should like to welcome Ricardo to the
Management Board, whilst congratulating Naresh and Jack on their new roles. I am confident
that Ricardo’s enormous energy and knowledge will bring a new dimension to the Board, and
that Naresh and Jack will deliver to the highest of standards in their new challenges.”

The role of Business Development Director will not be replaced on the Management Board.


31 October 2012

Sponsor: UBS South Africa (Pty) Ltd

Date: 31/10/2012 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story