Nicandro Durante

Nicandro Durante
Born (1956-09-13) 13 September 1956
São Paulo, Brazil
Nationality Brazilian
Alma mater Pontifícia Universidade Católica de São Paulo
Occupation Businessman
Years active 1977–present
Salary £6,492,000 (2014, total compensation)[1]
Title CEO, British American Tobacco
Term 2011–present
Predecessor Paul Adams
Successor Incumbent
Children 2

Nicandro Durante (born 13 September 1956) is a Brazilian businessman, the chief executive (CEO) of British American Tobacco plc (informally BAT), the world's largest tobacco company by sales.

Early life

Durante was born in Goias, Brazil, and is of Italian ancestry. Durante has a bachelor's degree in Finance, Economics and Business Administration from the Pontifícia Universidade Católica de São Paulo.

Career

Durante joined BAT's Brazilian subsidiary Souza Cruz in 1981. In January 2008, he was appointed BAT's chief operating officer, and in March 2011 became chief executive.[2] Durante is BAT's first non-British CEO. During his tenure as CEO, BAT's share price has doubled. [3]

In 2015 he took home almost £8 million [4]

In 2016 he asked for a raise to reach £10 million saying he deserves another £2 million [4]

Personal life

Durante enjoys cigar-smoking, the opera, running and playing football. He is married with two children. [3]

Notes

  1. ↑ "Executive Profile: Nicandro Durante". Business Week. Retrieved 26 March 2015.
  2. ↑ "The running man of Big Tobacco". Financial Times. 30 September 2012. Retrieved 15 November 2012.
  3. 1 2 Shubber, Kadhim (October 21, 2016). "The cigar-smoking, football-playing Brazilian behind Reynolds bid". Financial Times. Retrieved February 28, 2017.
  4. 1 2 "BAT chief pay jumps". The Telegraph. 22 March 2016. Retrieved 19 October 2016.
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