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Imperial Brands: Stefan Bomhard new CEO

Change at the top of the fourth largest tobacco producer in the world - The appointment will take effect immediately

Imperial Brands: Stefan Bomhard new CEO

Stefan Bomhard is the new CEO of Imperial Brands, formerly Imperial Tobacco, the world's fourth largest producer of tobacco, roll tobacco and accessories. The company communicates it through a note in which it communicates that the appointment will have immediate effect.

Bomhard, prior to joining Imperial Brands, was CEO of Inchcape for 5 years, a company active in distribution and retailing in the premium and luxury automotive sector. Previously he was Europe Regional President of Bacardi Limited.

Therese Esperdy, Chairman of the Board of Imperial Brands said: “Stefan takes on the role of Chief Executive Officer at a significant juncture in Imperial's development and the board are confident that his experience and expertise will lead the business to new heights. Stefan's initial priorities will be to strengthen performance and increase shareholder value."

Stefan Bomhard he has declared: "I am delighted to join Imperial Brands as the new Chief Executive Officer. I believe the Group has great potential and I look forward to working with all employees to maximize the opportunities ahead and build a stronger and more sustainable business."

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