Nicandro Durante

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Nicandro Durante
Born (1956-09-13) 13 September 1956 (age 60)
São Paulo, Brazil
Nationality Brazilian
Alma mater Pontifícia Universidade Católica de São Paulo
Occupation Businessman
Years active 1977–present
Salary £ 6,492,000 (2014, total compensation)[1]
Title CEO, British American Tobacco
Term 2011–present
Predecessor Paul Adams
Successor Incumbent
Children 2

Nicandro Durante (born 13 September 1956) is a Brazilian businessman, the chief executive (CEO) of British American Tobacco plc (informally BAT), the world's second-largest tobacco company by sales.

Early life[edit]

Durante was born in Goias, Brazil, and is of Italian ancestry.

Durante has a bachelor's degree in Finance, Economics and Business Administration from the Pontifícia Universidade Católica de São Paulo.

Career[edit]

Durante joined BAT's Brazilian subsidiary Souza Cruz in 1981. In January 2008, he was appointed BAT’s chief operating officer, and in March 2011 became chief executive.[2] According to BAT's annual report, Durante took home £4.5 million in 2015.[3] Durante is BAT's first non-British CEO. During his tenure as CEO, BAT's share price has doubled. [4]

Personal life[edit]

Durante enjoys cigar-smoking, the opera, running and playing football. He is married with two children. [4]

Notes[edit]

  1. ^ "Executive Profile: Nicandro Durante". Business Week. Retrieved 26 March 2015. 
  2. ^ "The running man of Big Tobacco". Financial Times. 30 September 2012. Retrieved 15 November 2012. 
  3. ^ "BAT chief pay jumps". The Telegraph. 22 March 2016. Retrieved 19 October 2016. 
  4. ^ a b Shubber, Kadhim (October 21, 2016). "The cigar-smoking, football-playing Brazilian behind Reynolds bid". Financial Times. Retrieved February 28, 2017.