RAI Declares Dividend, Names New Board Member

Source from:  Tobacco Reporter 07/19/2011

Reynolds American Inc. said on Friday that its board of directors had declared a quarterly cash dividend on the company's common stock of $0.53 per share. The dividend will be payable on October 3 to shareholders of record on September 12. Meanwhile, the board said also that it had elected H. Richard Kahler as a Class I director. Kahler, a former senior executive of Caterpillar in Asia, is a member of the board of directors of Van Shung Chong based in Hong Kong. Kahler fills the RAI board vacancy created by Betsy S. Atkins' resignation in 2010 and will serve on the RAI board's Compensation and Leadership Development Committee. He is one of five RAI board members designated by Brown & Williamson Holdings, a subsidiary of British American Tobacco, as part of the business combination undertaken in 2004 that resulted in the formation of RAI. Enditem