Thursday 20 November 2014 8:35 pm

Des Naughton resigns from Nicoventures: British American Tobacco loses ecigarette managing director

Des Naughton, managing director of British American Tobacco (BAT) ecigarettes subsidiary Nicoventures, has resigned from the group, it said in a statement yesterday. Naughton will leave BAT on 28 February 2015 after nearly 20 years with the tobacco giant, four of which has been on the manage­ment board. In that time, he has also been group operations director and regional director for Eastern Europe. BAT said Naughton had decided to leave the group to “focus on new business opportunities”. Chief executive Nicandro Durante said: “We will miss Des’ passion for the business, strategic thinking and warmth of personal­ity. Des has built a strong found­ation for the group for us to compete and win in next generation products.” Kingsley Wheaton, currently group corporate and regulatory affairs director, will replace Naughton. Wheaton will be appoint­ed to the newly created role of managing director of next gener­ation products effective 1 January 2015.