May 15 (Reuters) – British American Tobacco (BATS.L) appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years.
Marroco started working for the tobacco firm in Brazil in 1992 and was appointed to the board in 2019.
Bowles, who also joined the board in 2019, has led the maker of Lucky Strike and Dunhill cigarettes through a transformation to focus growth on new categories such as vape and e-cigarettes.