British American Tobacco Management
Management criteria checks 3/4
British American Tobacco's CEO is Tadeu Marroco, appointed in Sep 2014, has a tenure of 10.25 years. total yearly compensation is £4.59M, comprised of 25% salary and 75% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth €4.71M. The average tenure of the management team and the board of directors is 4 years and 3.4 years respectively.
Key information
Tadeu Marroco
Chief executive officer
UK£4.6m
Total compensation
| CEO salary percentage | 25.0% |
| CEO tenure | 10.3yrs |
| CEO ownership | 0.006% |
| Management average tenure | 4yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -UK£14b |
| Mar 31 2024 | n/a | n/a | -UK£14b |
| Dec 31 2023 | UK£5m | UK£1m | -UK£14b |
| Sep 30 2023 | n/a | n/a | -UK£3b |
| Jun 30 2023 | n/a | n/a | UK£9b |
| Mar 31 2023 | n/a | n/a | UK£8b |
| Dec 31 2022 | UK£5m | UK£803k | UK£7b |
| Sep 30 2022 | n/a | n/a | UK£6b |
| Jun 30 2022 | n/a | n/a | UK£5b |
| Mar 31 2022 | n/a | n/a | UK£6b |
| Dec 31 2021 | UK£3m | UK£803k | UK£7b |
| Sep 30 2021 | n/a | n/a | UK£6b |
| Jun 30 2021 | n/a | n/a | UK£6b |
| Mar 31 2021 | n/a | n/a | UK£6b |
| Dec 31 2020 | UK£3m | UK£775k | UK£6b |
| Sep 30 2020 | n/a | n/a | UK£6b |
| Jun 30 2020 | n/a | n/a | UK£6b |
| Mar 31 2020 | n/a | n/a | UK£6b |
| Dec 31 2019 | UK£2m | UK£301k | UK£6b |
Compensation vs Market: Tadeu's total compensation ($USD5.77M) is above average for companies of similar size in the BG market ($USD4.35M).
Compensation vs Earnings: Tadeu's compensation has been consistent with company performance over the past year.
CEO
Tadeu Marroco (58 yo)
10.3yrs
Tenure
UK£4,588,000
Compensation
Mr. Tadeu Luiz Marroco serves as Executive Director at British American Tobacco p.l.c. since August 5, 2019 and served as its Transformation Director since February 2021 until 2023. He serves as Chief Exec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of Management Board & Executive Director | 10.3yrs | UK£4.59m | 0.0062% € 4.7m | |
| CFO, Member of Management Board & Executive Director | less than a year | no data | 0% € 0 | |
| Member of Management Board | 1.4yrs | no data | no data | |
| Chief Corporate Officer & Member of Management Board | 12.9yrs | no data | 0.0046% € 3.5m | |
| COO & Member of Management Board | 10.3yrs | no data | 0.0037% € 2.9m | |
| Director of Legal | 9.9yrs | no data | 0.0042% € 3.2m | |
| Director of Corporate & Regulatory Affairs and Member of Management Board | 1.3yrs | no data | no data | |
| Director of Business Development & Member of Management Board | 1.3yrs | no data | no data | |
| CMO & Member of Management Board | 5.9yrs | no data | 0.0024% € 1.8m | |
| Regional Director of Asia-Pacific | 4.3yrs | no data | 0.0021% € 1.6m | |
| Member of the Management Board & Director of Operations | 3.8yrs | no data | 0.0010% € 772.7k | |
| Director of Digital & Information and Member of Management Board | 2.7yrs | no data | no data |
4.0yrs
Average Tenure
51yo
Average Age
Experienced Management: BMT's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of Management Board & Executive Director | 5.3yrs | UK£4.59m | 0.0062% € 4.7m | |
| CFO, Member of Management Board & Executive Director | less than a year | no data | 0% € 0 | |
| Independent Non-Executive Director | 1.1yrs | UK£20.00k | 0.00023% € 176.0k | |
| Senior Independent Non-Executive Director | 7.4yrs | UK£161.00k | no data | |
| Independent Chairman of the Board | 7.4yrs | UK£705.00k | 0.0041% € 3.1m | |
| Independent Non-Executive Director | 4.3yrs | UK£132.00k | 0.0011% € 811.0k | |
| Independent Non-Executive Director | less than a year | UK£10.00k | no data | |
| Independent Non-Executive Director | 2.8yrs | UK£132.00k | 0.00034% € 260.1k | |
| Independent Non-Executive Director | 2.3yrs | UK£131.00k | 0.000070% € 53.6k | |
| Independent Non-Executive Director | 4yrs | UK£132.00k | no data |
3.4yrs
Average Tenure
65yo
Average Age
Experienced Board: BMT's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:34 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
British American Tobacco p.l.c. is covered by 47 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pierre-Yves Gauthier | AlphaValue |
| David Coleman | Argus Research Company |
| Michael Steere | Avior Capital Markets |