British American Tobacco Management
Management criteria checks 4/4
British American Tobacco's CEO is Tadeu Marroco, appointed in Sep 2014, has a tenure of 9.58 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 £3.11M. The average tenure of the management team and the board of directors is 3.4 years and 3.6 years respectively.
Key information
Tadeu Marroco
Chief executive officer
UK£4.6m
Total compensation
| CEO salary percentage | 25.0% |
| CEO tenure | 9.6yrs |
| CEO ownership | 0.006% |
| Management average tenure | 3.4yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
British American Tobacco (LON:BATS) Is Looking To Continue Growing Its Returns On Capital
Mar 05
British American Tobacco (LON:BATS) Is Paying Out A Larger Dividend Than Last Year
Feb 13Is British American Tobacco (LON:BATS) Using Debt In A Risky Way?
Feb 09The Return Trends At British American Tobacco (LON:BATS) Look Promising
Nov 06These 4 Measures Indicate That British American Tobacco (LON:BATS) Is Using Debt Reasonably Well
Sep 12Returns On Capital Are Showing Encouraging Signs At British American Tobacco (LON:BATS)
Jul 27British American Tobacco's (LON:BATS) Dividend Will Be Increased To £0.5772
Jul 03British American Tobacco (LON:BATS) Is Increasing Its Dividend To £0.5772
Jun 10British American Tobacco (LON:BATS) Will Pay A Larger Dividend Than Last Year At £0.5772
May 22British American Tobacco's (LON:BATS) Dividend Will Be Increased To £0.5772
May 08Is British American Tobacco (LON:BATS) Using Too Much Debt?
Apr 04British American Tobacco (LON:BATS) Will Pay A Larger Dividend Than Last Year At £0.5772
Feb 12British American Tobacco (LON:BATS) May Have Issues Allocating Its Capital
Feb 07Beyond Meat, Tesla and British American Tobacco: Our lukewarm take on recent earnings and news
Dec 08
British American Tobacco (LON:BATS) Is Paying Out A Dividend Of £0.5445
Dec 08Is British American Tobacco (LON:BATS) Using Too Much Debt?
Nov 20Some Investors May Be Worried About British American Tobacco's (LON:BATS) Returns On Capital
Oct 05British American Tobacco's (LON:BATS) Dividend Will Be £0.5445
Sep 20British American Tobacco (LON:BATS) Is Paying Out A Dividend Of £0.5445
Aug 25Here's Why British American Tobacco (LON:BATS) Has A Meaningful Debt Burden
Aug 14Analysts Are Updating Their British American Tobacco p.l.c. (LON:BATS) Estimates After Its Half-Year Results
Jul 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD5.74M) is about average for companies of similar size in the UK market ($USD5.62M).
Compensation vs Earnings: Tadeu's compensation has been consistent with company performance over the past year.
CEO
Tadeu Marroco (57 yo)
9.6yrs
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 | 9.6yrs | UK£4.59m | 0.0060% £ 3.1m | |
| Interim Group Finance Dire | 2yrs | no data | no data | |
| Member of Management Board | less than a year | no data | no data | |
| Chief Strategy & Growth Officer and Member of Management Board | 12.3yrs | no data | 0.0045% £ 2.4m | |
| COO & Member of Management Board | 9.6yrs | no data | 0.0031% £ 1.6m | |
| Director of Legal | 9.3yrs | no data | 0.0035% £ 1.8m | |
| Director of Corporate & Regulatory Affairs and Member of Management Board | less than a year | no data | no data | |
| Director of Business Development & Member of Management Board | less than a year | no data | no data | |
| Marketing Director of Combustibles & New Categories and Member of Management Board | 5.3yrs | no data | 0.0016% £ 840.1k | |
| Regional Director of Asia-Pacific | 3.6yrs | no data | 0.0019% £ 1.0m | |
| Member of the Management Board & Director of Operations | 3.2yrs | no data | 0.00043% £ 224.4k | |
| Director of Research & Science and Member of Management Board | 1.2yrs | no data | no data |
3.4yrs
Average Tenure
50yo
Average Age
Experienced Management: BATS's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of Management Board & Executive Director | 4.7yrs | UK£4.59m | 0.0060% £ 3.1m | |
| Independent Non-Executive Director | less than a year | no data | 0.00022% £ 114.8k | |
| Independent Non-Executive Director | 6.8yrs | UK£161.00k | no data | |
| Independent Chairman of the Board | 6.8yrs | UK£729.00k | 0.0041% £ 2.1m | |
| Senior Independent Director | 9.2yrs | UK£145.00k | 0.000020% £ 10.4k | |
| Independent Non-Executive Director | 3.6yrs | UK£132.00k | 0.0010% £ 547.9k | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 2.2yrs | UK£132.00k | 0.00034% £ 177.4k | |
| Independent Non-Executive Director | 1.6yrs | UK£131.00k | 0.000070% £ 36.5k | |
| Independent Non-Executive Director | 3.3yrs | UK£132.00k | no data | |
| Independent Non-Executive Director | 9.2yrs | UK£180.00k | 0.00015% £ 78.3k |
3.6yrs
Average Tenure
64yo
Average Age
Experienced Board: BATS's board of directors are considered experienced (3.6 years average tenure).