Stockdale, 50, has been named president and CEO of Conwood, the nation's second-largest smokeless tobacco manufacturer, effective Feb. 1, 2009. He will succeed William M. Rosson, 60, who plans to retire after 34 years of service at Conwood. [image-nocss] Stockdale is currently senior vice president of marketing operations for R.J. Reynolds Tobacco Co., Reynolds American's largest subsidiary, and has worked for that company for 30 years. Rosson will remain with Conwood in an advisory role for a period of time after Stockdale joins the company to ensure a smooth transition.
Bumbacco, 44, has been named president and CEO of Santa Fe Natural Tobacco, effective March 1, 2009. He will replace Richard M. Sanders, 55, who plans to remain in an advisory transition position before retiring with 32 years of service on July 1, 2009. Bumbacco is currently president and CEO of RAI's R.J. Reynolds Global Products Inc. subsidiary. He has 20 years of experience in the global tobacco industry. RAI will be transitioning the lines of business formerly managed by R.J. Reynolds Global Products to other RAI subsidiaries, so no successor to Bumbacco in his previous position will be named.
"Reynolds American is in a dynamic and exciting period of its history," said Susan M. Ivey, chairman, president and CEO of Winston-Salem, N.C.-based RAI. "As we further develop our business model of becoming a total tobacco company, we are fortunate to have two talented individuals with extensive industry experience ready to take on leadership roles at this pivotal time."
She added, "Both Bill Rosson and Rick Sanders have distinguished themselves in their leadership of their respective companies, overseeing tremendous growth and expansion at both businesses. We sincerely thank both of them for their decades-long commitment to their companies, their employees and their consumers."
RAI's brands include five of the 10 best-selling cigarettes in the United States: Camel, Kool, Pall Mall, Winston and Doral. Conwood brands are Kodiak, Grizzly and Levi Garrett. It also sells and distributes a variety of tobacco products manufactured by Lane Ltd., including Winchester and Captain Black little cigars and Bugler roll-your-own tobacco. Santa Fe Natural Tobacco manufactures Natural American Spirit cigarettes and other additive-free tobacco products and manages and markets other super-premium brands. R.J. Reynolds Global Products, directly or through others, manufactures, sells or distributes American-blend cigarettes, including Natural American Spirit, and other tobacco products to a variety of customers in selected markets outside the United States.
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