British American Tobacco (BATS)

Sector:

Tobacco

Index:

FTSE 100

2,437.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 2,735.00
  • 52 Week Low: 2,267.00
  • Currency: UK Pounds
  • Shares Issued: 2,222.62m
  • Volume: 2,396,265
  • Market Cap: £54,165m
  • RiskGrade: 122

Zafar Kahn steps up as British American Tobacco operations director

By Josh White

Date: Tuesday 19 Jan 2021

LONDON (ShareCast) - (Sharecast News) - British American Tobacco said on Tuesday that its operations director Alan Davy would step down from the board on 31 January, and would leave the company on 31 May to "pursue new challenges" and "spend more time with his family".
The FTSE 100 cigarette giant said Davy joined the firm in 1988 and has been with the group for 32 years, eight years of which were as a member of the management board.

It added that Zafar Khan, currently group head of operations for new categories, would succeed Davy as operations director, and would be appointed to the management board from 1 February.

Khan started with British American Tobacco in his home country of Pakistan 24 years ago, the board confirmed.

Through his career he had acquired "extensive" global operations and supply chain experience, including regional operations director for Asia Pacific and the Middle East, and group head of plan, service and logistics.

"I would like to thank Alan for the enormous contribution he has made to the group throughout his 32-year career at BAT," said chief executive officer Jack Bowles.

"Alan's transformation of operations into a dynamic, multi-category function has been a key component of our 'A Better Tomorrow' strategy.

"Most recently, the group's ability to navigate the challenges presented by Covid-19 is testament to the efficient, agile and globally integrated supply chain he has created."

Bowles added that the company had around 13 million consumers of its non-combustible products, adding that Khan's experience of expanding its capabilities and embedding an end-to-end supply chain for its new category products made him "the natural choice" as operations director.

"By carefully developing careers on a global stage, we are, once again, able to ensure a well thought through and orderly internal succession to a key leadership role.

"Alan and I are confident that Zafar is the right leader, at the right time for the opportunities ahead."

At 0852 GMT, shares in British American Tobacco were up 0.18% at 2,755p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BATS Market Data

Currency UK Pounds
Share Price 2,437.00p
Change Today 3.00p
% Change 0.12 %
52 Week High 2,735.00
52 Week Low 2,267.00
Volume 2,396,265
Shares Issued 2,222.62m
Market Cap £54,165m
RiskGrade 122

BATS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.15% above the market average81.15% above the market average81.15% above the market average81.15% above the market average81.15% above the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
20.56% below the market average20.56% below the market average20.56% below the market average20.56% below the market average20.56% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income
98.74% above the market average98.74% above the market average98.74% above the market average98.74% above the market average98.74% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
72.43% below the market average72.43% below the market average72.43% below the market average72.43% below the market average72.43% below the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 5
Buy 3
Neutral 3
Sell 1
Strong Sell 1
Total 13
buy
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BATS Dividends

  Latest Previous
  Q1 Q4
Ex-Div 21-Mar-24 21-Dec-23
Paid 02-May-24 01-Feb-24
Amount 58.88p 57.72p

Trades for 07-Jun-2024

Time Volume / Share Price
17:14 23,856 @ 2,439.50p
16:38 7,015 @ 2,437.00p
16:37 1,770 @ 2,437.00p
16:28 0 @ 2,438.00p
16:28 0 @ 2,438.00p

BATS Key Personnel

CEO Tadeu Marroco
Chair Luc Jobin

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