As a result of the acquisition, Lorillard is a wholly owned subsidiary of RAI, and former Lorillard shareholders will own approximately 15 percent of RAI's common stock.
KING'S HAWAIIAN partners with Donatella Arpaia, celebrity chef, acclaimed restaurateur and TV personality, to help everyday cooks create innovative and irresistible recipes using KING'S HAWAIIAN hot dog and hamburger buns.
Under Campbells new enterprise structure, the division will focus on building the companys scale and accelerating growth in rapidly expanding packaged fresh categories across the retail perimeter.
The new COO will be directly accountable for key elements of the supply side of the business including R&D, Manufacturing, Logistics, IT, Operations, and Service.