Tobacco giant Imperial says CEO stepping down
British tobacco giant Imperial Brands, which recently warned over a backlash against vaping in the United States, said Thursday that Chief Executive Alison Cooper is stepping down.
Cooper, who served nine years as CEO and has been at Imperial for 20 years, will leave once her successor has been appointed, Imperial said in a statement that gave no reason for her departure.
"Alison has worked tirelessly and with great energy and passion... and the board would like to thank her for the tremendous contribution she has made," said Chairman Mark Williamson.
"During her tenure as chief executive, the business has been significantly simplified and reshaped to strengthen its long-term growth potential, and more than USD 12 billion in dividends has been returned to shareholders."
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