The Board

Governance and guidance

The Board of British American Tobacco p.l.c. meets at least six times a year. It comprises the Chairman, two Executive Directors, one Senior Independent Director and six Non-Executive Directors.

All Executive Directors on the Board have one-year rolling service agreements with the Company.

Richard Burrows has been Chairman since 1 November 2009. He has a term of appointment of one year only which is considered for renewal around the time of the Company’s Annual General Meeting ('AGM') each year unless terminated earlier by: (1) the Company giving three months’ notice or a discretionary compensation payment in lieu of notice; or (2) by him giving one month’s written notice, with the Company having discretion to make a compensation payment in lieu of such notice. The compensation payment is limited to any fees which are payable for such part of the relevant notice period as the Board does not require him as Chairman to perform his duties.

The Non-Executive Directors do not have service contracts with the Company but instead have letters of appointment which are available for inspection at the Company’s registered office.  In accordance with the requirements of the UK Corporate Governance Code (the Code), all Non-Executive Directors have terms of appointment of one year only which are considered for renewal around the time of the Company’s AGM.  Each Director is then subject to election or re-election by shareholders every year.  On termination, at any time, a Non-Executive Director is entitled to any accrued but unpaid Director’s fees but not to any other compensation.  No amounts due to a Non-Executive Director are subject to any recovery or withholding arrangements.

The current fees structure for the Non-Executive Directors is shown below:

  £
Base fee £96,850
Supplements  
Senior Independent Director £41,500
Audit Committee Chairman £40,950
Remuneration Committee Chairman £40,950
Committee membership fees (not Chairman)  
Audit Committee £14,100
Nominations Committee £12,500
Remuneration Committee £14,100

 
All of the Non-Executive Directors on the Board are independent within the meaning of the Code.

Each Non-Executive Director’s date of appointment as a Director of the Company and date of most recent reappointment is shown below:

Non-Executive Director First appointment Most recent reappointment Length of service as at 2020 AGM
Sue Farr 2 February 2015 30 April 2020 5yrs 2mths
Jerry Fowden 1 September 2019 30 April 2020 8 months
Marion Helmes 1 August 2016 30 April 2020 3yrs 8mths
Luc Jobin 25 July 2017 30 April 2020 2yrs 9mths
Holly Keller Koeppel 25 July 2017 30 April 2020 2yrs 9 mths
Savio Kwan 6 January 2014 30 April 2020 6yrs 3mths
Dimitri Panayotopoulos 2 February 2015 30 April 2020 5yrs 2mths

 
The Chairman successfully stood for re-election at the AGM on 30 April 2020.

For a biography of each Director, see our Board of Directors page.

Retirement of Kieran Poynter: disclosures required by section 430(2B), Companies Act 2006 (68 kb) 

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