Cigarette Maker BAT Picks Finance Chief As CEO - Order Reprints - Print Article British American Tobacco on Monday promoted finance director Tadeu Marroco to be its chief executive following the sudden departure of Jack Bowles after four years. Marroco, who has spent three decades at the company, takes the helm with immediate effect at BAT, maker of Lucky Strike and Dunhill cigarettes. The announcement comes less than a month after BAT agreed to pay more than $600 million to settle charges it sold cigarette materials to North Korea for years in violation of US sanctions. The global tobacco industry meanwhile faces falling demand for traditional tobacco products, especially in Western markets... [Read more]