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4-Traders Homepage  >  Equities  >  Nyse  >  Reynolds American, Inc.    RAI

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REYNOLDS AMERICAN INC : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

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05/04/2017 | 09:01pm CEST

ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

At its meeting held on May 4, 2017, the Board of Directors of Reynolds American Inc., referred to as RAI, elected Susan M. Cameron as its Non-Executive Chairman, effective as of May 1, 2017. Ms. Cameron had served as Executive Chairman since January 1, 2017, after retiring as RAI's President and Chief Executive Officer. As Non-Executive Chairman, Ms. Cameron is eligible to participate in the non-employee director compensation arrangements described in the Reynolds American Inc. 2017 Outside Directors' Compensation Summary, which summary was filed as Exhibit 10.28 to RAI's Annual Report on Form 10-K for the fiscal year ended December 31, 2016, as amended.

On May 4, 2017, RAI issued a press release announcing Ms. Cameron's transition to Non-Executive Chairman. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1.

ITEM 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following is filed as an exhibit to this Current Report.



       Number   Exhibit

       99.1     Press Release of Reynolds American Inc., dated May 4, 2017.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses

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Financials ($)
Sales 2017 12 887 M
EBIT 2017 6 206 M
Net income 2017 3 592 M
Debt 2017 11 339 M
Yield 2017 3,02%
P/E ratio 2017 26,69
P/E ratio 2018 24,60
EV / Sales 2017 8,30x
EV / Sales 2018 8,02x
Capitalization 95 561 M
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Consensus
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Buy
Mean consensus HOLD
Number of Analysts 10
Average target price 61,9 $
Spread / Average Target -7,6%
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Managers
NameTitle
Debra Ann Crew President, Chief Executive Officer & Director
Susan M. Cameron Non-Executive Chairman
Andrew D. Gilchrist Chief Financial Officer & Executive Vice President
Nana Mensah Independent Director
Martin D. Feinstein Independent Non-Executive Director
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