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297:(COO), and in March 2011 became the company's first non-British CEO. During his initial tenure as CEO, BAT's shares began to climb in value, and had doubled in price by 2016. However, in 2018 BAT's share price collapsed, returning to levels last seen in 2011; it appeared that Durante had misjudged the
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tobacco company minority interest in July 2017. At the time, this amounted to the largest foreign investment ever made in a US firm, costing $ 49 billion and "creating the world's biggest listed tobacco company". In Dec 2023, the
Reynolds American asset was impaired by BAT for $ 31m USD; concrete
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In 2015, Durante reportedly earned almost £8 million as CEO of BAT. In 2016, he asked for his salary to be raised to £10 million, claiming that he deserved another £2 million.
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In late 2018, BAT announced that
Durante would retire at the end of March 2019. His retirement came at a highly controversial time in the firm's history.
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Durante joined BAT's
Brazilian subsidiary Souza Cruz in 1981. In January 2008, he was appointed BAT's
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In
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Integrated into other
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453:"What British American Tobacco's $ 31 Billion Mea Culpa Means for Investors"
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company by sales, from 2011 to 2019. In
September 2022 he was appointed as
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in 2013, and was its senior independent director prior to becoming CEO.
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249:(born 13 September 1956) is a Brazilian businessman who served as the
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evidence of the over payment when
Durante was at the helm of BAT.
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from the article and its talk page, especially if potentially
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This
Brazilian business-related biographical article is a
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company, after the unexpected resignation of former CEO
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427:"BAT agrees to buy Reynolds for $ 49 billion"
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178:Pontifícia Universidade Católica de São Paulo
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520:. Reckitt Benckiser Group. 1 September 2022
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56:about living persons that is unsourced or
546:. Reckitt Benckiser Group. Archived from
127:Learn how and when to remove this message
401:"5 Worst Performing FTSE companies 2018"
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570:"Business big shot: Nicandro Durante"
514:"Laxman Narasimhan steps down as CEO"
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494:. Financial Times. 30 September 2012
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373:Shubber, Kadhim (21 October 2016).
1370:Brazilian business biography stubs
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492:"The running man of Big Tobacco"
425:Sandle, Paul (17 January 2017).
323:, the Anglo-Dutch multinational
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1360:British American Tobacco people
472:. The Telegraph. 22 March 2016
1:
1355:Businesspeople from São Paulo
1340:Brazilian corporate directors
1278:. You can help Knowledge by
1176:Sir Joseph Hood, 1st Baronet
34:biography of a living person
331:. Durante joined Reckitt's
257:(BAT), the world's largest
61:must be removed immediately
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1345:Brazilian chief executives
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764:Murray, Sons and Company
623:British American Tobacco
255:British American Tobacco
205:British American Tobacco
818:Farmers Insurance Group
798:British American Racing
678:Imperial Tobacco Canada
343:Durante enjoys smoking
295:chief operating officer
251:chief executive officer
823:Frederick & Nelson
808:Cunliffe-Owen Aircraft
772:Rothmans International
756:Ente Tabacchi Italiani
748:Brown & Williamson
576:. London. 25 June 2010
48:Please help by adding
470:"BAT chief pay jumps"
16:Brazilian businessman
813:Eagle Star Insurance
301:'s attitude towards
277:Durante was born in
54:Contentious material
1156:James Buchanan Duke
890:Benson & Hedges
1166:Hugo Cunliffe-Owen
540:"Nicandro Durante"
455:. 9 December 2023.
333:board of directors
303:menthol cigarettes
76:"Nicandro Durante"
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578:. Retrieved
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552:. Retrieved
548:the original
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43:verification
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1325:1956 births
1151:Jack Bowles
1070:Sweet Afton
880:Alain Delon
712:Ten Motives
665:(Sri Lanka)
657:(Indonesia)
580:8 September
554:3 September
524:3 September
498:15 November
437:3 September
410:31 December
405:MorningStar
385:3 September
231:Jack Bowles
219:Predecessor
187:Businessman
1319:Categories
1025:Parisienne
925:du Maurier
740:Batus Inc.
732:Integrated
704:Souza Cruz
476:19 October
273:Early life
222:Paul Adams
184:Occupation
155:1956-09-13
87:newspapers
1020:Pall Mall
985:Lexington
950:Hollywood
905:Carroll's
895:Caballero
691:(Ireland)
649:BAT Ghana
574:The Times
433:. Toronto
279:São Paulo
253:(CEO) of
227:Successor
214:2011–2019
166:São Paulo
39:citations
1228:Category
1095:Winfield
1055:Rothmans
1040:Jin Ling
1035:Player's
970:Kingsway
910:Craven A
707:(Brazil)
381:. London
237:Children
168:, Brazil
65:libelous
1240:Commons
1116:Barclay
1085:Viceroy
1015:Newmore
1005:Mantano
940:Gunston
935:Everest
930:Dunhill
885:Belinda
873:Current
828:Gimbels
637:Current
544:Reckitt
518:Reckitt
431:Reuters
259:tobacco
101:scholar
1144:People
1104:Former
1045:Prince
980:Jadran
965:King's
900:Caines
865:Brands
833:Kohl's
724:Former
347:, the
345:cigars
289:Career
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1190:Other
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1121:Belga
1090:Vogue
1080:Tekel
1075:Teddy
920:Derby
775:(USA)
759:Italy
751:(USA)
743:(USA)
699:(USA)
355:Notes
349:opera
203:CEO,
200:Title
108:JSTOR
94:books
32:This
1276:stub
1131:Free
1111:Alfa
1050:Ritz
1000:Main
990:Look
975:Kool
955:Kent
785:Sold
767:(UK)
715:(UK)
582:2022
556:2022
526:2022
500:2012
478:2016
439:2022
412:2018
387:2022
211:Term
149:Born
80:news
41:for
1060:Sax
960:Kim
299:FDA
265:of
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945:HB
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