MARKET TALK: BAT's CEO Choice A 'Logical' Progression >BTI

24th Jun 2010 08:33

0733 GMT [Dow Jones] British American Tobacco's (BTI) CEO appointment is "a pretty logical progression," says Evolution's Chas Manso. He doesn't expect any major changes to BAT's strategy after Nicandro Durante takes the helm. Manso adds that Durante has already had dealings with the analyst community and has "come across very well." Manso has a buy recommendation. Shares -0.5% at 2143p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires June 24, 2010 03:33 ET (07:33 GMT)