Reynolds American (RAI) said Andrew Gilchrist, formerly president and chief commercial officer of RJ Reynolds Tobacco, will replace Thomas Adams as RAI’s chief financial officer from 1 March, 2015.

Adams will retire after handing over his CFO and executive vice president role in a transition to begin in January, RAI said. Gilchrist is 42 years old and is an executive vice president at RAI. He has a financial and commercial background, the parent company of Reynolds Tobacco said. Adams has been CFO since 2008.