Scandinavian Tobacco Group A/S: Changes to the Executive Management
01 Mayo 2017 - 2:54PM
COMPANY
ANNOUNCEMENT
No. 13/2017
Copenhagen,1May 2017
Changes to the Executive
Management
On 1 May 2017 Rob
Zwarts resigned from his position as Executive Vice President
Special Projects and member of the Executive Management of
Scandinavian Tobacco Group A/S.
Rob Zwarts, who is nearing the age of retirement,
will until May 2018 be available to the company in a role as
employed ad hoc advisor.
The retirement plans for Rob Zwarts are as announced in connection
with the initial public offering of the shares of Scandinavian
Tobacco Group A/S for sale at Nasdaq Copenhagen in February
2016.
On 1 May 2017, Hanne Berg joined Scandinavian
Tobacco Group as Chief HR Officer & Senior Vice President.
Hanne Berg will be part of the Executive Management. Hanne Berg
holds a M.Sc. in Business Administration and Law from Aarhus School
of Business, Denmark, and she has for the past 10 years worked with
the LEGO Group in various HR roles, most recently as Vice
President.
For further information, please
contact:
For media enquiries:
Kaspar Bach Habersaat, Director of Group Communications, phone: +45
7220 7152
or kaspar.bach@st-group.com.
For investor enquiries:
Torben Sand, Head of Investor Relations, phone: +45 7220 7126 or
torben.sand@st-group.com.
About
Scandinavian Tobacco Group
Scandinavian Tobacco
Group A/S with its subsidiaries (the "Group")
is a world leading producer of cigars and traditional pipe tobacco.
The Group also produces fine-cut tobacco and sells tobacco-related
accessories. The Group produces and sells 3 billion cigars and
5,000 tonnes of pipe and fine-cut tobacco annually. Scandinavian
Tobacco Group believes it is the only company globally with a core
strategic focus on production and distribution in all of these
tobacco categories.
Scandinavian Tobacco
Group holds market-leading positions in the machine-made cigar
market in Europe, the handmade cigar market in the US, the online
and catalogue retail sales of cigars in the US, the traditional
pipe tobacco market globally and in selected fine-cut tobacco
markets.
Scandinavian Tobacco
Group has a diversified portfolio of more than 200 brands providing
a complementary range of established global brands and local
champions. In the cigar segment, the brand portfolio
comprises Café Crème, La Paz, Macanudo, CAO, Partagas (US) and
Cohiba (US). Pipe tobacco brands include Captain Black, Erinmore,
Borkum Riff and W.Ø. Larsen, while leading fine-cut tobacco brands
include Bugler, Break, Escort, Bali Shag and Tiedemanns.
As at 31 December 2015,
the Group employed approx. 8,100 people in the Dominican Republic,
Honduras, Nicaragua, Indonesia, Europe, New Zealand, Australia,
Canada and the US.
For more information
please visit www.st-group.com.
Scandinavian Tobacco Group -
Changes in Management, 1 May 2017
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Scandinavian Tobacco Group A/S via
Globenewswire
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