# British American Tobacco Non-Executive Director Jerry Fowden has resigned

- Link: https://www.directorstalkinterviews.com/british-american-tobacco-non-executive-director-jerry-fowden-has-resigned/412972914
- Published: 2021-04-01T07:17:03+01:00
- Author: Amilia Stone

**[British American Tobacco plc](https://www.directorstalkinterviews.com/ftse-company/british-american-tobacco/bats.l)**(
[LON:BATS](https://www.directorstalkinterviews.com/company/british-american-tobacco/bats.l))
has announced that it has received notice from Jerry Fowden, Non-Executive Director
of the Company, of his resignation from the Board with effect from 1 April 2021.
Accordingly, he will not seek re-election at the Annual General Meeting to be held
on 28 April 2021.

In view of BAT Group activities to expand its portfolio beyond nicotine, Jerry has
decided to step down from the Board of the Company to ensure there would be no potential
for a conflict of interest to arise in view of his other external commitments, which
he has decided to focus on.

Chairman Richard Burrows said: “On behalf of the Board, I would like to thank Jerry
for his valuable contribution to the Company since his appointment as a Non-Executive
Director in September 2019. We wish him the very best for the future.”

As the Company’s Notice of Meeting has already been issued, the Company confirms
that the resolution to reappoint Jerry Fowden as a Non-Executive Director of the
Company (resolution number 9) is now withdrawn.

The withdrawal of resolution number 9 does not otherwise affect the validity of 
the Notice of Meeting, the proxy form or any proxy votes already submitted on other
proposed resolutions. The numbering of all other proposed resolutions at the AGM
will remain unchanged. This announcement is made in compliance with the Company’s
obligations under the Listing Rules, specifically Rule 9.6.11.

**Board Committee Changes**

Following receipt of notice of Jerry Fowden’s resignation, a review of the memberships
of the Company’s Board Committees has been undertaken. Karen Guerra, a Non-Executive
Director of the Company, will join the Audit Committee and step down from the Remuneration
Committee with effect from 1 April 2021. The biographical details within the Notice
of Meeting in respect of Karen Guerra’s Committee membership should be read as including
those Committee membership changes. These changes do not affect the validity of 
the Notice of Meeting or the proxy form.

As a consequence of the above changes, the memberships of the Company’s Audit Committee
and Remuneration Committee (all comprising Non-Executive Directors) are as follows
with effect from 1 April 2021:

**Audit Committee      **                                                     

Chair: Holly Keller Koeppel

Karen Guerra                                    

Luc Jobin (to step down from the Audit Committee on appointment as Chairman from
conclusion of the Company’s Annual General Meeting)                             

Darrell Thomas

**Remuneration Committee**

Chair: Dimitri Panayotopoulos

Sue Farr

Dr Marion Helmes

Savio Kwan

Retirement of Jerry Fowden: disclosures required by section 430(2B), Companies Act
2006

As required by section 430(2B) of the Companies Act 2006, the Company confirms that
no remuneration is payable consequent upon or in respect of his resignation.

Jerry Fowden received pro-rated Board, Audit Committee and Nominations Committee
fees to the date of his resignation. He will not receive any payment for loss of
office or any other payment in relation to the cessation of his appointment with
British American Tobacco.

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