Imperial Brands boss Stefan Bomhard to retire from tobacco firm

Imperial Brands CEO plans to step down Oct. 1; ITG sales rise in first half of fiscal 2025

Stefan Bomhard has led the company since 2020. He will be replaced by CFO Lukas Paravicini.

Imperial Brands boss Stefan Bomhard to retire from tobacco firm

Shares in the company slumped as a result on Wednesday.

Imperial Brands CEO to Retire After Push to Focus on Tobacco

Imperial Brands Plc Chief Executive Officer Stefan Bomhard is retiring after five years in charge of the British tobacco maker, which turned its focus back to cigarettes and boosted shareholder returns on his watch.

Imperial Brands CEO to leave FTSE 100 giant as successor named

The boss of Imperial Brands is to retire after five years at the helm of the business at the London-listed tobacco giant. Stefan Bomhard, who joined the company in July 2020, will step down as CEO in October this year. He will remain on the company’s board until the end of 2025. The German executive, who previously headed distribution business Inchcape, will be succeeded by Lukas Paravicini, who currently serves as the company’s CFO. Thérèse Esp…

Imperial Apartments Are a Go After Years of Legal Battle With County – Construction Forum

From Leader Publications:  LL Investments LLC will be allowed to construct an apartment complex near the intersection of Seckman Road and Old Lemay Ferry Road in Imperial after a nearly three-year-long legal battle with Jefferson County. Nathan Smith, owner of LL Investments LLC in St. Louis filed the lawsuit on July 13, 2022, in the Jefferson County Circuit Court. In the suit, he alleged the Jefferson County Council improperly denied his petiti…