Company Overview of R.J. Reynolds Tobacco Company
R.J. Reynolds Tobacco Company manufactures and markets cigarettes for adult tobacco consumers in the United States. It offers its products through a network of retailers and wholesalers. R.J. Reynolds Tobacco Company was formerly known as Brown & Williamson U.S.A., Inc. The company was founded in 1875 and is based in Winston-Salem, North Carolina. R.J. Reynolds Tobacco Company operates as a subsidiary of R.J. Reynolds Tobacco Holdings, Inc.
401 North Main Street
Winston-Salem, NC 27101
Founded in 1875
Key Executives for R.J. Reynolds Tobacco Company
President and Chief Operating Officer
Chief Scientific Officer and Executive Vice President of Operations
Executive Vice President and General Counsel
Senior Vice President of Research & Development
Compensation as of Fiscal Year 2015.
R.J. Reynolds Tobacco Company Key Developments
British American Tobacco Signs Vapour Collaboration Agreement R.J. Reynolds Tobacco Company
Dec 2 15
British American Tobacco announced that it has signed a vapour products technology-sharing agreement with R.J. Reynolds Tobacco Company (RJRTC). The signing of the agreement comes following an announcement of a term sheet between the parties in September 2015. The agreement provides a framework for collaboration and mutual cross-licensing of the parties' vapour product technologies up to 31 December 2022. The collaboration also contemplates joint R&D activities and co-operation on regulatory, scientific and manufacturing issues relating to vapour products.
R.J. Reynolds Signs Vapor Technology Agreement with Nicoventures
Dec 1 15
R.J. Reynolds Tobacco Company signed vapor technology agreement with Nicoventures Holdings Limited.
RJR Tobacco Announces Unaudited Earnings Results for the Quarter and Nine Months Ended September 30, 2015
Oct 27 15
RJR Tobacco announced unaudited earnings results for the quarter and nine months ended September 30, 2015. For the quarter, the company reported operating income increased 54.4% from the prior-year quarter, to $1.1 billion, benefiting from the addition of the Newport brand, higher cigarette pricing and the expiration of the federal tobacco-quota buyout program last year. Adjusted operating income was $1.2 billion, up 64.6%. Adjusted results exclude charges for implementation costs and Engle progeny lawsuits. RJR Tobacco’s performance was driven by its powerful key brands in the third quarter.
For the nine months, operating income to $2.4 billion, up 26.0% from the prior-year period. Adjusted operating income was $2.7 billion, up 35.3%. Adjusted results exclude the above-referenced items, as well as a benefit from the 2003 NPM adjustment claim and charges for tobacco-related and other litigation.
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