Age, Biography and Wiki
Nicandro Durante was born on 13 September, 1956 in São Paulo, Brazil, is a Brazilian businessman. Discover Nicandro Durante's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 67 years old?
| Popular As |
N/A |
| Occupation |
Businessman |
| Age |
67 years old |
| Zodiac Sign |
Virgo |
| Born |
13 September, 1956 |
| Birthday |
13 September |
| Birthplace |
São Paulo, Brazil |
| Nationality |
Brazil
|
We recommend you to check the complete list of Famous People born on 13 September.
He is a member of famous Businessman with the age 67 years old group.
Nicandro Durante Height, Weight & Measurements
At 67 years old, Nicandro Durante height not available right now. We will update Nicandro Durante's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
2 |
Nicandro Durante Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Nicandro Durante worth at the age of 67 years old? Nicandro Durante’s income source is mostly from being a successful Businessman. He is from Brazil. We have estimated Nicandro Durante's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessman |
Nicandro Durante Social Network
Timeline
Nicandro Durante (born 13 September 1956) is a Brazilian businessman who served as the chief executive officer (CEO) of British American Tobacco (BAT), the world's largest tobacco company by sales, from 2011 to 2019.
In September 2022 he was appointed as temporary CEO of Reckitt Benckiser.
Durante was born in São Paulo, Brazil, to Italian parents.
He went on to earn a bachelor's degree in finance, economics and business administration from the Pontifícia Universidade Católica de São Paulo.
Durante joined BAT's Brazilian subsidiary Souza Cruz in 1981.
In January 2008, he was appointed BAT's chief operating officer (COO), and in March 2011 became the company's first non-British CEO.
Durante joined Reckitt's board of directors in 2013, and was its senior independent director prior to becoming CEO.
Durante enjoys smoking cigars, the opera, running and playing football and tennis.
He also enjoys travelling and "fine Italian food".
He is married with two children.
In 2015, Durante reportedly earned almost £8 million as CEO of BAT.
During his initial tenure as CEO, BAT's shares began to climb in value, and had doubled in price by 2016.
In 2016, he asked for his salary to be raised to £10 million, claiming that he deserved another £2 million.
However, in 2018 BAT's share price collapsed, returning to levels last seen in 2011; it appeared that Durante had misjudged the FDA's attitude towards menthol cigarettes, and that BAT had overpaid in the acquisition of the Reynolds American tobacco company minority interest in July 2017.
At the time, this amounted to the largest foreign investment ever made in a US firm, costing $49 billion and "creating the world's biggest listed tobacco company".
In Dec 2023, the Reynolds American asset was impaired by BAT for $31m USD; concrete evidence of the over payment when Durante was at the helm of BAT.
In late 2018, BAT announced that Durante would retire at the end of March 2019.
His retirement came at a highly controversial time in the firm's history.
In September 2022, it was announced that Durante had been appointed as temporary CEO of Reckitt Benckiser, the Anglo-Dutch multinational consumer goods company, after the unexpected resignation of former CEO Laxman Narasimhan.
