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Imperial Tobacco CEO Retires; COO Cooper to Take Helm (Update2)  

Jump to full article: Bloomberg News, 2009-11-10
Author: Louisa Fahy

Intro:

Imperial Tobacco Group Plc said Chief Executive Officer Gareth Davis will retire after more than 37 years with Europe’s second-largest publicly traded cigarette company.

Davis, 59, will be succeeded by Alison Cooper, currently chief operating officer, when he retires in May. Cooper, 43, joined Bristol, England-based Imperial in 1999 after previously working for PricewaterhouseCoopers LP. Imperial also reported a 55 percent gain in full-year profit today. The stock rose as much as 3.9 percent in London trading.

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