Reynolds American (RAI) President and Chief Executive Officer Susan Cameron will be succeeded next year by Debra Crew, president and chief operating officer of RJ Reynolds Tobacco (RJRT), the company announced.
Cameron will move to the RAI Board of Directors as the body’s executive chairman from 1 Jan, a post she will hold until May, 2017 when she is expected to become the non-executive chairman, RAI said. Under Cameron’s tenure RAI acquired Lorillard in a deal that spun off some brands to Imperial Brands, now the third largest cigaratte maker in the US.
Joseph Fragnito, a former food and beverages industry executive, will become president and chief commercial officer of RJRT on 24 Oct, RAI said.
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