News analysis
USA: Reynolds goes smoke-free
d.simpson@iath.org
| The first 150 words of the full text of this article appear below. |
Three days after the Altria/PM annual meeting (see above), Reynolds American (Reynolds) held its own annual shareholders meeting. It is the holding company of RJ Reynolds Tobacco, the second largest cigarette company in the USA, which manufactures and markets about one third of the cigarettes sold there, and is the only part of the former RJ Reynolds group not bought up by Japan Tobacco. As with Altria, Reynolds found itself facing a record number of activists, including Anne Morrow Donley, co-founder and president of the anti-tobacco group Virginia GASP.
The activists dominated the meeting, though unfortunately for them, the press was not there in force; tobacco companies probably now prefer to deal with financial press privately to ensure that their all important financial results and future prospects get reported free of inconvenient content related to the human realities of their trade. Previous meetings had been filled with smoke, so Anne
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Tob. Control 2006 15: 278.[Extract] [Full Text] [PDF]
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