12th Apr 2021 08:34
(Alliance News) - Imperial Brands PLC on Monday said its new chief financial officer, Lukas Paravicini, will join the board on May 1.
The FTSE 100-listed tobacco company said Paravicini, currently CFO of agricultural commodities merchant ED&F Man Holdings Ltd, will be appointed CFO on May 19, a day after the company intends to publish its interim results.
Imperial Brands said back in February that Paravicini's start date would be on August 5. Paravicini will succeed Oliver Tant, who was originally due to step down from the role in August but will now depart at the end of June following a handover process.
"He is a disciplined, results-oriented leader with a proven track record in international consumer goods companies. As well as his impeccable finance credentials, Lukas has considerable operational experience, as well as expertise in driving transformational change including in global shared services in large international organisations. These qualities will be invaluable to Imperial as we implement our new strategy," said Chief Executive Stefan Bomhard in February.
Shares in Imperial Brands were up 0.5% at 1,549.00 pence in London on Monday.
By Zoe Wickens; [email protected]
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