British American Tobacco Creates Chief Operating Officer Role

By Ian Walker Features Dow Jones Newswires

British American Tobacco PLC (BATS.LN) said Thursday it has appointed Jack Bowles to the newly-created role of chief operating officer for international business, as part of its plan to simplify its regional structure following the acquisition of Reynolds American Inc.

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Mr. Bowles, who is currently Asia-Pacific regional director, will take on his new role Oct. 1.

As part of the simplification plan, the company said it will crate three new regions: the Americas and Sub-Saharan Africa; Europe and North Africa; and Asia-Pacific and the Middle East.

The group also said it plans to fully integrate its next-generation products business into core operations. The next-generation business includes vapor products like e-cigarettes.

BATs took full control of Reynolds American in January after buying the remaining 57.8% of the company it didn't already own for $49.4 billion in shares and cash. The deal was completed on July 25.

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

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(END) Dow Jones Newswires

August 31, 2017 03:09 ET (07:09 GMT)