GREENSBORO, N.C. – Dan Carr has been named president and chief executive officer of ITG Brands, succeeding David Taylor, who has announced his retirement effective January 31, 2018.
“This step is the culmination of a long succession planning process,” Taylor said. “Dan was recruited for this position based on his extensive leadership experience in the tobacco industry and he has spent the last year as president learning the complexities of our business operations.”
During the past year, Carr led ITG Brands’ manufacturing, sales and marketing teams through a successful year by delivering strong productivity results and efficiencies. The company made gains in both volume and share with the company’s premium cigarette brands, and its mass market cigar portfolio became the fastest growing in the industry.
Taylor, who led a very complex integration process as ITG Brands’ founding chief executive, guided the company through the launch of its initial merchandising and marketing plans, successful re-branding campaigns and reorganization.
“David’s leadership was vital in the company becoming a viable competitor in the U.S. tobacco industry in only two and a half years,” Carr said. “He has laid the foundation for our success and sustainability for the future, and it is truly an honor to follow him in our next phase of growth.
“I am thrilled to lead this world-class group of talented individuals in further elevating our iconic brands, building upon our superior customer engagement and ensuring that we continue to collaboratively transform and work efficiently across our business.”
Cigar News: Dan Carr Named President and CEO of ITG Brands