Lorillard elects new board member

Lorillard has elected Jerry W. Levin to its board of directors, effective immediately.

The board is now composed of nine members, eight of whom are non-executive independent directors.

Levin serves as executive chairman of the creative consumer products company, Wilton Brands, a position he has held since 2009. He served as CEO of Wilton Brands from 2009 to 2014.

Levin served as chairman and CEO of JW Levin Partners, a management and investment firm that he founded in 2005.

And prior to that, he served as chairman and interim CEO of Sharper Image Corp., chairman and CEO of American Household and chairman and CEO of Revlon International Corp.

Levin serves also on the boards of directors of US Bancorp and Ecolab.