Thornburgh resigns from RAI board of directors

Richard E. Thornburgh resigned from the Reynolds American (RAI) board of directors and the board’s audit and finance committee, effective Dec. 7. Thornburgh had served on the RAI board as an independent director since December 2011.

“RAI’s shareholders, board and management have greatly benefited from Dick’s financial acumen and strategic advice and counsel over the last four years,” Thomas C. Wajnert, non-executive chairman of RAI’s board, said in a press release. “RAI has made tremendous progress on its mission to transform not only the company but our industry, including the successful completion of the acquisition of Lorillard, Inc. We are very grateful to Dick for the role he played in advancing key initiatives at RAI and contributing to our commitment to deliver outstanding shareholder value.”