British American Tobacco (BAT) announced that its Chief Financial Officer, Soraya Benchikh, is stepping down from her position effective immediately. Benchikh, who has served as CFO for just over a year, did not specify the reasons for her departure.
The company has stated that it will begin the process to identify a successor and is appointing an interim CFO to ensure continuity in its financial leadership. BAT’s CEO, Jack Bowles, expressed appreciation for Benchikh’s contributions during her tenure and assured stakeholders that the company remains focused on its strategic objectives.
Benchikh’s departure comes at a time of continued transformation within the tobacco industry as companies navigate regulatory challenges and shifts toward alternative products. The company has not indicated whether her exit is related to any internal issues or strategic changes. BAT notes that it remains committed to its growth strategies and long-term vision under its current leadership team.