British American Tobacco names Meldrum as head of U.S. unit

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Meldrum will succeed Ricardo Oberlander, who became president of Newport cigarette maker Reynolds American after it was acquired by BAT in 2017 for $49 billion. (https://reut.rs/3kcleZH)

Meldrum’s appointment is effective Sept. 1 2020. The U.S. unit is the biggest contributor to BAT’s overall profits.