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LONDON - British American Tobacco p.l.c. (LSE:BATS) announced Thursday that Jerome Abelman will step down from his role as Director, Legal and General Counsel on December 31, 2025, after 11 years in the position and 23 years with the company.
Paul McCrory, currently Director, Corporate and Regulatory Affairs, will succeed Abelman effective January 1, 2026. McCrory has been with BAT for over 18 years and has served on the Management Board since September 2023. He will be appointed as Director, Legal and General Counsel Designate beginning October 1, 2025, while continuing as a Management Board member.
As part of the reorganization, the responsibilities of the Director, Corporate and Regulatory Affairs role will transfer to Kingsley Wheaton, Chief Corporate Officer, effective October 1, 2025.
Tadeu Marroco, Chief Executive of BAT, expressed gratitude to Abelman for his leadership in navigating the company through strategic legal and regulatory matters globally. Regarding McCrory’s appointment, Marroco noted his "deep understanding of global legal and regulatory environments" makes him "exceptionally well-suited to lead BAT’s legal function into the future."
BAT, which generated revenue of £25.9 billion in 2024 with an adjusted profit from operations of £11.9 billion, employs more than 48,000 people worldwide. The company stated in its press release that it aims to have 50 million adult consumers of its smokeless products by 2030 and generate 50% of its revenue from these products by 2035.
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