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19 May 2021 | 07:43am StockMarketWire.com - Tobacco titan Imperial Brands confirmed that Lukas Paravicini was appointed as chief financial officer after Oliver Tant stepped down on 18 May 2021. Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. Latest share price and company details: ....
Top story Fruit and veg supplier Total Produce has agreed to combine with Dole Food Company to created the largest fresh producer in the world with revenues of almost $10bn (£7.2bn). The two unified businesses will undergo an IPO in the US under the name Dole plc to raise up to $700m in new capital to strengthen the group’s balance sheet. The combination is expected to deliver significant synergies of between $30m and $40m over the medium term thanks to sourcing and supply chain savings. As a result of the increased footprint and brand strength of Dole plc, the new group expected to deepen market penetration, expand into attractive product categories and pursue acquisitions in the industry, according to documents filed on the London Stock Exchange this morning. ....
Top UK Stocks to Watch: Rio Tinto shares hit record high on bumper payout Joshua Warner February 17, 2021 9:36 AM Rio Tinto pays its biggest dividend in its history, BAT expects profits to rise again this year, Imperial Brands gets a new CFO, Greencoat UK Wind and TP ICAP raise equity, and Signature Aviation sells its engine repair business. Share: Top News: Rio Tinto pays biggest dividend in its history Rio Tinto said it will pay a record dividend for 2020 after higher commodity prices allowed it book significantly higher margins and profit, sending shares to an all-time high. The miner said revenue in the year edged up to $44.61 billion from $43.16 billion the year before, but underlying earnings before interest, tax, depreciation and amortisation jumped 13% to $23.90 billion from $21.19 billion. Net earnin ....
Imperial Brands Appoints Lukas Paravicini To Succeed Oliver Tant As CFO BRISTOL (dpa-AFX) - British tobacco company Imperial Brands plc. (IMB.L, IMBBF.PK, IMBBY.PK) announced Wednesday the appointment of Lukas Paravicini as Chief Financial Officer on August 5 2021 or at an earlier date to be announced. Paravicini succeeds Oliver Tant, who will step down from the Board upon the new appointment and leave the business following an orderly handover. Paravicini is currently the Chief Financial Officer of agricultural commodities and brokerage group ED&F Man Holdings. Before joining ED&F Man Holdings, he held senior positions at Fonterra, a New Zealand and Australia based dairy exporter, with sales in 130 countries. Prior to that, he spent 22 years with Nestle in various senior finance and general management roles. ....
Tobacco giant Imperial Brands hires new finance chief Imperial Brands owns cigarette brands such as Fortuna, Gauloises and Davidoff. Imperial Brands has appointed a new finance chief, with the current CFO set to step down after seven years with the tobacco firm. The company said this morning that Lukas Paravicini, currently chief financial officer of agricultural commodities group ED&F Man Holdings, will join the board from 5 August or earlier. Paravicini – who will receive an annual salary of £730,000 – will replace Oliver Tant, who will leave the business following a handover period after seven years in the role. Imperial Brands chief executive Stefan Bomhard said Paravicini’s finance credentials and operational experience will be “invaluable to Imperial as we implement our new strategy”. ....