BAT extends chair’s term beyond UK’s recommended tenure
Luc Jobin will remain in role past nine-year limit as search for replacement continues
Luc Jobin will remain in role past nine-year limit as search for replacement continues

The ‘nine-year’ limit for UK directors should not be seen as a hard rule

CEO Murray Auchincloss clashed repeatedly with Albert Manifold over strategy before his abrupt departure

Ann Godbehere will step down as a director at next year’s annual meeting

Asset manager puts UK chairs on notice on remuneration as part of closer scrutiny of boards

Likely replacement quits after board extends longtime leader’s contract to 2029

BAT is the latest London-listed company where succession is an issue