Tag: bat

  • BAT Acquires Full Ownership of UzBAT for $22M

    BAT Acquires Full Ownership of UzBAT for $22M

    BAT Group completed its deal with Uzbekistan’s State Assets Management Agency to buy the state-owned stake in the UzBAT joint venture for $22.3 million, finalizing it on October 6. BAT acquired 641,661 shares (2.6%) as part of its continued commitment to the country’s economic and social development.

    Operating in Uzbekistan since 1994, BAT has invested over $500 million in the local market over the past 30 years. UzBAT, the country’s leading tobacco manufacturer, produces traditional cigarettes and, since 2023, heated tobacco sticks at the Samarkand Multi-Category Factory as part of BAT’s global “A Better Tomorrow” strategy to expand smoke-free products and reduce harm.

    The joint venture not only serves domestic demand but also exports products to Kazakhstan, Georgia, Azerbaijan, Iraq, and South Korea. UzBAT is a major employer with over 800 staff and a top private taxpayer. For seven consecutive years, it has been recognized as a Top Employer by the international Top Employers Institute.

  • BAT Appoints Matt Wright to Board

    BAT Appoints Matt Wright to Board

    Today (October 14), BAT announced that Matthew Wright will join its board as an independent non-executive director and will serve on the company’s Remuneration and Nominations Committees, effective November 1. Wright brings decades of experience advising global organizations on senior talent recruitment, retention, and leadership development, having held senior roles at Russell Reynolds Associates, Korn/Ferry International, and other executive advisory firms.

    Luc Jobin, Chair of BAT’s board, said Wright’s appointment strengthens the company’s focus on cultural transformation and international growth. “Matt brings valuable experience in this area,” Jobin said, noting his expertise across Asia, Europe, and the US and his track record in guiding organizations through periods of growth and transformation.

    Wright currently serves as non-executive director of Berry Bros. & Rudd Ltd, chairs its Remuneration Committee, and is chairman of Cripps Leadership Advisors as well as chair designate and senior advisor of Movemeon. BAT said his leadership and people-focused experience are expected to support the company’s ongoing ambition to build a Smokeless World.

  • Europe Risks Becoming Another Australia, BAT Boss Says

    Europe Risks Becoming Another Australia, BAT Boss Says

    Kingsley Wheaton, BAT’s Chief Commercial Officer, warned that Europe’s planned sharp tax hikes on cigarettes and alternative nicotine products risk fueling illicit trade similar to the crisis that has been created in Australia. Similar to his remarks last week at GTNF 2025 in Brussels, Wheaton told Euractiv that high excise taxes and strict regulations have pushed 80% of Australia’s tobacco market underground, resulting in taxpayer losses of AUD 9 billion ($5.9 billion) since 2019 and flourishing organized crime responsible for extortion, fire bombings, and murder.

    The warning comes as the European Commission pursues a revision of the Excise Tax Directive, proposing a 139% increase in cigarette taxes and steep rises for e-cigarettes, heated tobacco, and nicotine pouches. The EU aims to become smoke-free by 2040, targeting tobacco and nicotine consumption below 5%. While BAT acknowledges that smokeless products are not risk-free, Wheaton argued they are far less harmful than smoking and should remain accessible and affordable even as cigarette prices rise.

    Wheaton urged policymakers to focus on progressively taxing cigarettes while maintaining access to safer nicotine alternatives, alongside responsible packaging, retail licensing, and nicotine ceilings, however, the Commission continues to repeatedly reject any warning that comes from cigarette-producing companies.

  • Taxes Increasing Gap Between Regulatory Intentions and Market Realities

    Taxes Increasing Gap Between Regulatory Intentions and Market Realities

    At the Global Tobacco and Nicotine Forum (GTNF) in Brussels, a panel moderated by Tim Phillips, Managing Director of Tamarind Intelligence, explored how taxation and tariffs are shaping the future of nicotine products in a rapidly evolving market. Speakers included Christa Pelsers (BAT), Stefano Santi (Philip Morris International), and Maria Angelova (Socotab Frana SA).

    In “It’s All About Tax — The Complex World of Excise and Tariffs,” Phillips opened by stressing that “the next few years are going to be vitally important,” as novel products—from vapes to nicotine pouches—continue to disrupt markets. “We’re seeing massive problems around illicit trade and tax collection,” he said, noting that in some countries, “more than half of the market may already be illicit.” The result, he warned, is a growing gap between regulatory intentions and market realities.

    Pelsers highlighted the speed of innovation and the challenges it creates for regulators. “For years, there was no innovation in tobacco, and now we have an explosion of new products—governments are still trying to catch up,” she said. Pelsers argued that taxation must be based on science, not politics, and criticized the European Commission’s fragmented approach: “The Commission is proposing that every member state can adjust its own rates. That makes things even more complex. We need harmonization to ensure fairness and functionality in the single market.”

    She also warned of geopolitical shifts impacting trade. “With U.S. tariffs, China is redirecting exports elsewhere. The EU’s response has been slow. The next few years will reshape who we trust as trading partners,” she said. “And if tax rates are set too high, it will be detrimental to innovation.”

    Santi emphasized that excise tax policy should not only collect revenue but also guide consumers toward less harmful products. “Ten years ago, my job was complexity five; now it’s fifty,” he said. “We need to balance taxation in a way that shifts the market without driving consumers to the black market.” He endorsed differentiated tax levels for different product types, saying, “If you raise taxes too fast, consumers will find cheaper, often illicit alternatives.”

    Santi called for leveraging member state experience to modernize EU tax policy and harmonize definitions. “The directive is a good start, but it’s lagging behind. Treating all products the same is a recipe for failure. Europe needs to protect its economic and manufacturing footprint.”

    Angelova added a perspective from the leaf tobacco sector, calling taxation “one of the quiet architects of humanity.” She warned that poorly designed taxes could devastate rural livelihoods. “Tobacco is an agricultural product that supports families. Nowhere else in the world is raw tobacco subject to excise tax,” she said. “Making local tobacco less affordable than imported tobacco doesn’t help anyone.”

    Angelova stressed the importance of practical implementation: “It’s not just about what we tax—it’s about how. Details make the difference. Track and trace systems are vital to ensure transparency and prevent unfair competition.”

    She concluded by urging policymakers to proceed with caution: “We’re trying to solve too many problems at once. We need to start addressing them one by one. Europe still has many families who rely on tobacco farming. Consumers won’t forget how we handle this.”

    The panel collectively underscored that while excise and tariff reforms are inevitable, their success will depend on nuance, balance, and genuine collaboration with industry to avoid unintended economic and public health consequences.

  • BAT’s Wheaton Calls for Policymakers to Embrace Harm Reduction at GTNF Opening

    BAT’s Wheaton Calls for Policymakers to Embrace Harm Reduction at GTNF Opening

    Brussels, October 6, 2025 — Kingsley Wheaton, Chief Corporate Officer of BAT, opened the Global Tobacco and Nicotine Forum (GTNF) with a call for policymakers to embrace harm reduction and real-world evidence as the basis for future regulation.

    “Right now, we stand at a crossroads,” Wheaton said. “One where the choices we make — as individuals, as companies, and as an industry — will shape the future of public health, policy, and perception.”

    Speaking under the GTNF’s theme, “Real World Evidence: The Race to Reduce Harm,” Wheaton argued that Sweden’s near smoke-free status demonstrates the effectiveness of tobacco harm reduction. He credited awareness campaigns, consumer access to smokeless products, and progressive regulation for driving smoking rates to among Europe’s lowest.

    “Sweden is on the verge of achieving something extraordinary: a smoking rate of just 5.3%—less than a quarter of the EU average,” he said. “This isn’t just a number. It’s a public health milestone. And it’s a powerful validation of a strategy that many dismissed: harm reduction.

    “Despite decades of global anti-smoking campaigns, 1 billion people still smoke. At BAT, we believe quitting is the best choice any smoker can make. But for those who won’t quit, offering scientifically substantiated, reduced-risk alternatives is essential. Sweden proves this approach works.”

    In his remarks, Wheaton touted the success of BAT’s Omni program, the company’s global platform and manifesto for tobacco harm reduction launched in 2024. He said Omni is both a movement and a communications framework through which BAT promotes its vision of a “Smokeless World,” aiming to make smokeless products mainstream and push for regulatory environments that support harm reduction.

    “With Omni, we’re launching a platform for science, dialogue, and collaboration to accelerate progress toward a smokeless world,” Wheaton said. “This transformation took belief—belief that we could be part of the solution. And today, I’m proud to say: we were right to believe in it.

    Wheaton also criticized prohibitionist policies, pointing to Australia’s illicit market as evidence of unintended consequences when safer alternatives are restricted. He urged EU policymakers to adopt proportionate, risk-based regulation that recognizes harm reduction as part of tobacco control.

    “How can policymakers not see what’s right in front of their eyes?” Wheaton said. “When safer alternatives are blocked, the void is filled by danger, not progress. It’s time to rethink, recalibrate, and reclaim the narrative. So perhaps it’s time to ask: What if the most effective way to end smoking isn’t to fight nicotine, but to reimagine it? What if the companies that once sold cigarettes can now lead the charge to make them obsolete?

    “The WHO continues to ignore and sideline harm reduction, clinging to outdated dogma while real-world evidence piles up. This is not just intransigence, it’s negligence. It’s time for policymakers to stop pretending this evidence doesn’t exist. Seventy percent of policy experts still believe nicotine is the primary cause of smoking-related diseases, like cancer. That’s not just inaccurate, it’s dangerous. If we’re serious about closing the Tobacco Harm Reduction deficit, we must engage directly with regulators, health authorities, and policy experts to ensure that safer alternatives are not just available, but understood, accepted, and encouraged.”

    The GTNF is the world’s leading annual conference discussing the future of the tobacco and nicotine industries. It is the global exchange for views and ideas between public health experts, government representatives, the industry, and investors.

  • Survey: Most Policy Experts Misidentify Nicotine Risks

    Survey: Most Policy Experts Misidentify Nicotine Risks

    A new multi-market survey of policy experts across 15 different territories reveals that erroneous perceptions of nicotine health risks continue to persist, despite both the growing scientific consensus that nicotine is not a primary cause of smoking-related disease and the increased availability of smokeless alternatives to conventional cigarettes, according to BAT.

    The survey, commissioned by British American Tobacco (BAT) and released ahead of the start of this year’s GTNF in Brussels this week, reveals that seven in 10 policy experts continue to incorrectly believe nicotine is the main cause of smoking-related disease.

    In addition, the research—which interviewed three cohorts (Nicotine Users; Policy Experts; and Medical Professionals) in 2024 and 2025—also found that while half of medical professionals discussed smokeless alternatives to cigarettes weekly with their patients, only 21% feel well-informed enough to recommend them.

    Kingsley Wheaton, Chief Corporate Officer at BAT, said: “This survey shows that while change is possible, it’s not a given. We’re seeing green shoots of progress, especially where we’ve launched new product innovations and invested in clear, science-led communication. But the data also tells us we must go further and faster and equip those making decisions with the latest scientific evidence about smokeless products.

    “We remain committed to working with public health authorities, regulators and scientists to ensure accurate information reaches consumers.”

    Conducted by a third party on behalf of BAT, the research did show indications of improved perception of smokeless products, in particular vapor products among nicotine users.

  • BAT Korea Replacing Butts with Flowers

    BAT Korea Replacing Butts with Flowers

    BAT Rothmans Korea expanded its flower-planting campaign to eight districts across Seoul, aiming to curb cigarette litter and promote cleaner public spaces, the company announced. Carried out in partnership with the Seoul Chapter of the Korean National Council for Conservation of Nature, the campaign involves 700 volunteers from the company, civic groups, and neighborhoods.

    Since launching in 2023, the project has transformed 50 alleyways—often hotspots for discarded cigarette butts—into decorated streets lined with 3,000 trees and flowers from 17 species. Districts including Jung, Gangnam, Gangdong, and Jongno have been part of the initiative, which has drawn support from local residents who help maintain the plants.

    BAT Rothmans says the initiative improves commercial areas while promoting sustainable environmental practices.

  • BAT France Points to Anti-Smoking Policy Failure

    BAT France Points to Anti-Smoking Policy Failure

    BAT France told lawmakers today (September 24) that France’s reliance on over-taxation and outright bans risks fueling the illicit nicotine market while failing to cut smoking rates, which remain stubbornly above 30%. “This excessive tax policy has, above all, encouraged criminal, structured, and industrial smuggling,” said Sébastien Charbonneau, director of public and regulatory affairs. He added that the government’s planned ban on tobacco-free nicotine pouches would repeat past mistakes, driving consumers to the black market without advancing public health or protecting minors.

    Instead, BAT France urged a pragmatic approach focused on strict but balanced regulation. The company called for a framework that prohibits sales to minors, limits nicotine content and flavorings, enforces retail controls, and applies substantial penalties for violations.

    “The State has a moral duty to adopt the principle of harm reduction related to smoking to allow adult smokers to have access to alternatives to tobacco, and to do so legally,” Charbonneau said. “All we are asking is to look at the scientific data and regulations that have enabled many countries to achieve their public health objective.”

  • BAT Announces Management Board Changes

    BAT Announces Management Board Changes

    BAT today (September 11) announced upcoming changes to its management board. After 23 years with the group, including 11 as general counsel and board member, Jerome Abelman will step down as Director, Legal and General Counsel on effective December 31. Paul McCrory, currently Director, Corporate and Regulatory Affairs, will become Director, Legal and General Counsel Designate on October 1 before assuming the role fully on January 1, 2026. McCrory has been with BAT for over 18 years and joined the board in 2023.

    From October 1, Corporate and Regulatory Affairs will transfer to Kingsley Wheaton, Chief Corporate Officer. CEO Tadeu Marroco thanked Abelman for his leadership and welcomed McCrory to his new role, citing his deep experience and collaborative leadership.

  • Reynolds American Names New Senior CIO

    Reynolds American Names New Senior CIO

    Reynolds American Inc. appointed Dawn-Marie Hutchinson as senior vice president and Chief Information Officer, effective October 1, 2025. In her new role, Hutchinson will oversee technology strategy and operations, including digital workplace, core platforms, data and analytics, cybersecurity, and IT service delivery, while serving on the Reynolds American Leadership Team.

    Hutchinson joined Reynolds’ parent company BAT in 2021 after holding global CISO roles at GSK and Urban Outfitters Group. At BAT, she expanded the global cybersecurity program, launched a Cyber Defense Centre, and transformed governance, risk, and compliance functions. In her new role, she will focus on modernizing IT systems, enhancing operational resilience, and leveraging data and AI across Reynolds’ operating companies.