Scandinavian Tobacco Group Appoints New President for General Cigar and EVP for Handmade Cigars Globally

Scandinavian Tobacco Group Appoints New President for General Cigar and EVP for Handmade Cigars Globally

18 November 2015

Scandinavian Tobacco Group sets new management for its handmade cigar business.

Regis Broersma becomes new President of General Cigar Company which is a leader in the US market for handmade and premium cigars. He succeeds Dan Carr who has stepped down and leaves the Group.

Regis Broersma (38) is Dutch born and has a comprehensive, international background in sales, marketing and general management. Regis Broersma has worked in the Netherlands, the Czech Republic, Denmark, the UK and the US. Currently, he is Managing Director of STG Ger- many. Regis Broersma has worked in the cigar industry since 2002 and has a great passion for cigars.

In addition, Scandinavian Tobacco Group assigns the responsibility of its entire global hand- made cigar businesses to an Executive Vice President. Craig Reynolds assumes this responsibility which includes General Cigar, its international business and Cigars International which is a leading online retailer in the US. Craig Reynolds continues as President for Cigars International.

Niels Frederiksen, CEO of Scandinavian Tobacco Group, says:

“I am happy to announce Regis Broersma being new President of General Cigar. Regis has the experience and the innovative approach needed to continue the impressive development of General Cigar together with its management team.

Our handmade cigar business accounts for 25% of our net sales and is a growth engine of our business. We want to reinforce this development by adding executive management capacity for the entire handmade business globally.”

General Cigar holds a leading market position and has a strong offering in the US market for handmade and premium cigars. Cigars International has built a leading position as an online retailer and a direct marketer in the premium cigars and pipe tobacco segment.

General Cigar and Cigars International continue to be run as two separate, stand-alone businesses.

Scandinavian Tobacco Group A/S . Sydmarken 42 . DK-2860 Søborg . Denmark . +45 3955 6200 . . www.st-group.com . CVR 31080185

 

 

About General Cigar Company

General Cigar Co. is a leading manufacturer and marketer of handcrafted cigars for the premium market in the US. The company is owned by Scandinavian Tobacco Group.

Committed to delivering cigars of the finest quality, General Cigar’s skilled artisans produce Macanudo®, Cohiba®, La Gloria Cubana®, Partagas®, CAO®, Punch®, Hoyo de Monterrey®, Excalibur® and several other leading premium brands in the company’s Dominican, Honduran and Nicaraguan factories.

In addition, the company cultivates proprietary tobacco which is used exclusively in its blends and has a dedicated R&D practice that develops new varieties of tobacco and revitalizes vintage seeds.

Based in Richmond, VA, General Cigar sells through wholesalers and retailers in the US. General Cigar also operates Club Macanudo®, a cigar bar in New York City.

Read more: www.cigarworld.com.

About Scandinavian Tobacco Group

– a world leading manufacturer of cigars and traditional pipe tobacco

– approx. 8,200 employees in the Dominican Republic, Honduras, Nicaragua, Indonesia, Europe, New Zealand, Aus- tralia, Canada and the US

The Group’s brand portfolio contains more than 200 international, regional and local tobacco brands, including the cigar brands Café Crème, La Paz, Henri Wintermans, Macanudo, CAO, Partagas (US) and Cohiba (US). Pipe tobacco brands include Captain Black, Erinmore, Borkum Riff and W.Ø. Larsen, while leading fine-cut tobacco brands include Bugler, Break, Escort, Bali Shag and Tiedemanns.

Scandinavian Tobacco Group is 51% owned by the Danish foundations, the Augustinus Foundation and the Obel Family Foundation, which have been active in the tobacco industry for more than 250 years, and 49% by Swedish Match which is listed on the Stockholm Stock Exchange.

Read more: www.st-group.com.

Scandinavian Tobacco Group A/S Sydmarken 42
DK-2860 Søborg
Denmark

CVR 31 08 01 85

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