September 26, 2016 11:08 PM ET

Tobacco

Company Overview of Lorillard, Inc.

Company Overview

Lorillard, Inc., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates through two segments, Cigarettes and Electronic Cigarettes. The Cigarettes segment offers various cigarettes that include approximately 45 product offerings under various brand names, such as Newport, Kent, True, Maverick, and Old Gold. The Electronic Cigarettes segment researches, develops, manufactures, distributes, markets, advertises, and sells electronic cigarettes under the blu eCigs and SKYCIG brand names. The company sells its products primarily to wholesale distributors that services retail outlets, chain store organizations, and government agencies, as well as directly to ...

714 Green Valley Road

Greensboro, NC 27408

United States

Founded in 1760

2,900 Employees

Phone:

336-335-7000

Key Executives for Lorillard, Inc.

Chief Executive Officer, President, Principal Operating Officer and Director
Age: 57
Principal Financial Officer, Principal Accounting Officer, Vice President, Treasurer and Director
Age: 58
Compensation as of Fiscal Year 2016.

Lorillard, Inc. Key Developments

Lorillard, Inc. Announces Board Changes

On June 12, 2015, pursuant to the agreement and plan of merger, dated as of July 15, 2014, by and among RAI, Lorillard, and Lantern Acquisition Co., a Delaware corporation and wholly owned subsidiary of RAI, Merger Sub merged with and into Lorillard (the merger), with Lorillard. On June 12, 2015, in connection with the merger and at the closing of the merger, each member of the Lorillard, Inc. board of directors resigned. The Lorillard directors who resigned were: Murray S. Kessler, Robert C. Almon, Dianne Neal Bixt, Andrew H. Card, Jr., Virgis W. Colbert, David E. R. Dangoor, Kit D. Dietz, Jerry W. Levin and Richard W. Roedel. Pursuant to the terms of the merger agreement, upon the closing of the merger, RAI, as sole stockholder of Lorillard, appointed Martin L. Holton III, Daniel A. Fawley and McDara P. Folan, III to the Lorillard board of directors (the New Lorillard board of directors).

Lorillard, Inc.(NYSE:LO) dropped from CRSP US Total Market Index

Lorillard, Inc.(NYSE:LO) dropped from CRSP US Total Market Index

Lorillard, Inc.(NYSE:LO) dropped from FTSE All-World Index (USD)

Lorillard, Inc.(NYSE:LO) dropped from FTSE All-World Index (USD)

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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