Lorillard (LO)

The Wall Street Journal is reporting that the board of cigarette maker Lorillard Inc. said Thursday it has begun looking for a successor to Chief Executive Martin L. Orlowsky, whose contract expires next year.
Lorillard makes Newport menthol cigarettes. Newport accounts for more than 85% of Lorillard's cigarette volume and represents about 35% of the menthol cigarette category in the U.S. Lorillard is the third-largest U.S. cigarette maker by sales.

Nov 19 · 11:00:00 AM · Source: Wall Street Journal
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by Rich Pike