Japan Tobacco International’s president and CEO, Thomas A. McCoy, will be retiring on March 31, 2017. Eddy Pirard, currently executive VP, Business Development, Corporate Affairs and Corporate Communications, will succeed him.
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.
The international tobacco company chooses Aras to streamline the product lifecycle and drive collaboration, process improvement and product compliance worldwide.
Following the transaction, RAI is projected to have over $11 billion in revenues and approximately $5 billion in operating income.
The decision is made to underscore CVS Caremark's role in the evolving health care marketplace and, the company pledges to help millions of Americans quit smoking through a robust national campaign.
In addition to the full line of VaporX products and new retail model, Vapor Corp. will also showcase its full line of disposable and rechargeable electronic cigarettes from its flagship brand Krave.
Consumer confidence was a bit manic in 2012, hitting a five-year high in November and then dropping again in December as consumers doubted an end to the fiscal cliff.
Philip Morris International Inc. announces its agreement to acquire a 20 percent equity interest in Megapolis Distribution BV.
With funding from Santa Fe Natural Tobacco Co., TerraCycle is launching a national program to reduce and recycle cigarette butt litter, regardless of which manufacturer made the cigarettes.
Some things are simply out of our control. Find out how the earthquake that hit Japan literally shook the Tobacco market in 2011.
BT will manage the global wide area network infrastructure, including remote access, network security and third-party supplier management, for the tobacco company.
National Tobacco Company has doubled its business over the last five years, a feat that it strongly attributes to an adaptable sales force automation system.
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