Nationality Brazilian Role Businessman Name Nicandro Durante | Years active 1977–present Occupation Businessman | |
Full Name Nicandro Durante Born 13 September 1956 (age 68) ( 1956-09-13 ) Sao Paulo, Brazil Alma mater Pontificia Universidade Catolica de Sao Paulo Salary £ 6,492,000 (2014, total compensation) Education Pontificia Universidade Catolica de Sao Paulo | ||
Nicandro Durante (born 13 September 1956) is a Brazilian businessman, the chief executive (CEO) of British American Tobacco plc (informally BAT), the world's largest tobacco company by sales.
Contents
Early life and family
Durante was born in Goias, Brazil, and is of Italian ancestry. Durante has a bachelor's degree in Finance, Economics and Business Administration from the Pontifícia Universidade Católica de São Paulo. Durante claims he enjoys cigar-smoking, the opera, running and playing football. He is married with two children.
Career
Durante joined BAT's Brazilian subsidiary Souza Cruz in 1981. In January 2008, he was appointed BAT’s chief operating officer, and in March 2011 became chief executive. Durante is BAT's first non-British CEO. During his tenure as CEO, BAT's share price has doubled.
In 2015 he took home almost £8 million
In 2016 he asked for a raise to reach £10 million saying he deserves another £2 million