Scandinavian Tobacco Group, one of the largest producers of premium cigars in the world, will soon have a new chairman. Nigel Northridge, who has been chairman since 2017, intends to retire, and has informed the board of directors that he will not run for reelection in March.
In a statement released today, the STG board said it will elect Henrik Brandt as the new chairman at the annual meeting on March 31. Brandt presently serves as vice chairman. He joined the board in 2017.
Brandt has held top positions at tobacco companies including House of Prince A/S, and served as chief executive officer of Denmark-based brewing and beverage company Royal Unibrew A/S from 2008 to 2017.