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 10.17 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 £4.09M. The average tenure of the management team and the board of directors is 4 years and 3.3 years respectively.
Key information
Tadeu Marroco
Chief executive officer
UK£4.6m
Total compensation
| CEO salary percentage | 25.0% |
| CEO tenure | 10.2yrs |
| CEO ownership | 0.006% |
| Management average tenure | 4yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
British American Tobacco (LON:BATS) Shareholders Will Want The ROCE Trajectory To Continue
Oct 14
British American Tobacco (LSE:BATS) Appoints New Chief Corporate Officer, Affirms Dividend Amid Growth
Sep 18Does British American Tobacco (LON:BATS) Have A Healthy Balance Sheet?
Sep 16Investors Holding Back On British American Tobacco p.l.c. (LON:BATS)
Aug 26The Return Trends At British American Tobacco (LON:BATS) Look Promising
Jun 20British American Tobacco (LON:BATS) Has A Pretty Healthy Balance Sheet
May 30Investors Still Waiting For A Pull Back In British American Tobacco p.l.c. (LON:BATS)
May 08British American Tobacco (LON:BATS) Is Looking To Continue Growing Its Returns On Capital
Mar 05British 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 12CEO 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 ($USD5.82M) is about average for companies of similar size in the UK market ($USD5.71M).
Compensation vs Earnings: Tadeu's compensation has been consistent with company performance over the past year.
CEO
Tadeu Marroco (58 yo)
10.2yrs
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 | 10.2yrs | UK£4.59m | 0.0062% £ 4.1m | |
| CFO, Member of Management Board & Executive Director | less than a year | no data | 0% £ 0 | |
| Member of Management Board | 1.3yrs | no data | no data | |
| Chief Corporate Officer & Member of Management Board | 12.8yrs | no data | 0.0046% £ 3.0m | |
| COO & Member of Management Board | 10.2yrs | no data | 0.0037% £ 2.5m | |
| Director of Legal | 9.8yrs | no data | 0.0042% £ 2.8m | |
| Director of Corporate & Regulatory Affairs and Member of Management Board | 1.2yrs | no data | no data | |
| Director of Business Development & Member of Management Board | 1.2yrs | no data | no data | |
| CMO & Member of Management Board | 5.8yrs | no data | 0.0024% £ 1.6m | |
| Regional Director of Asia-Pacific | 4.2yrs | no data | 0.0021% £ 1.4m | |
| Member of the Management Board & Director of Operations | 3.8yrs | no data | 0.0010% £ 666.6k | |
| Director of Digital & Information and Member of Management Board | 2.6yrs | no data | no data |
4.0yrs
Average Tenure
51yo
Average Age
Experienced Management: BATS'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% £ 4.1m | |
| CFO, Member of Management Board & Executive Director | less than a year | no data | 0% £ 0 | |
| Independent Non-Executive Director | less than a year | UK£20.00k | 0.00023% £ 151.8k | |
| Senior Independent Non-Executive Director | 7.3yrs | UK£161.00k | no data | |
| Independent Chairman of the Board | 7.3yrs | UK£705.00k | 0.0041% £ 2.7m | |
| Independent Non-Executive Director | 4.2yrs | UK£132.00k | 0.0011% £ 699.6k | |
| Independent Non-Executive Director | less than a year | UK£10.00k | no data | |
| Independent Non-Executive Director | 2.8yrs | UK£132.00k | 0.00034% £ 224.4k | |
| Independent Non-Executive Director | 2.2yrs | UK£131.00k | 0.000070% £ 46.2k | |
| Independent Non-Executive Director | 3.9yrs | UK£132.00k | no data |
3.3yrs
Average Tenure
65yo
Average Age
Experienced Board: BATS's board of directors are considered experienced (3.3 years average tenure).