Tobacco: Some Facts

I agree with much of the editorial on the new rules of smoking , but I can not agree with some points. Editorial justification for the taking of further restrictions on smoking in public places sound, but uses the absurd reduction ad technique to make the law appears unworkable. He claims that 10 million are generally designed to prevent toxic cloud of smoke drifting in the building phalanx smokers gathered at the entrance, it would work only if smokers were forced to carry the tape. One could also say that there should be no alcohol limit for drivers, if all equipped with breathalyzer. It ignores common sense. Most people know that there is a limit to how many drinks they can have if they want to move. In addition, most people know the difference between 10 cm and 10 meters. The law recognizes the essential difference between compliance and blatant disrespect. In addition, some centers have already implemented a rule, setting pointers 10m away from the entrance, saying that there is no smoking at this point. The case for plain packaging is also strong. Its purpose is to protect young people from starting. Studies show that young people "as" the regular updates and to find a simple package "boring." The package as a status symbol is more important for young people than for adults. Plain packaging will also remove the ability of cigarette companies falsely suggest that some brands, such as "light" and "low-tar" are less harmful than regular cigarettes. Arguments that tobacco is a legal or that South African court will come to a different conclusion from those in Australia do not carry any weight. Slavery and apartheid were legal, but that does not make them right. Tobacco can be legal, but it is also deadly, and it should be adjusted depending on the amount of damage it does. The law does not confer immunity from regulation. Finally, there is little doubt; a South African court will uphold the constitutionality of the just-packaging rules. In June, rejecting the call to British American Tobacco SA ban on advertising of tobacco products, the Supreme Court of Appeal in Bloemfontein ruled: "There can be no doubt that the Government has a responsibility to protect its citizens from the devastating effects of tobacco," and that "a ban on advertising and promotion of tobacco is reasonable and justified. " The Constitutional Court upheld the decision. Both the Australian and South African courts have come to the same conclusion: that the measures proposed for the regulation of tobacco sound, reasonable and based on evidence.

Delen Reynolds made a $ 8.5 million in 2011

Reynolds American Inc, the second-largest tobacco company in the country, has awarded its incoming CEO Daniel M. Delen compensation package worth $ 8.5 million in fiscal year 2011 to 38 percent from fiscal year 2010, when he served as president and CEO of a subsidiary of RJ Reynolds Tobacco Co, according to an Associated Press analysis of regulatory filing.

Reynolds American Inc, the second-largest tobacco company in the country, has awarded its incoming CEO Daniel M. Delen compensation package worth $ 8.5 million in fiscal year 2011 to 38 percent from fiscal year 2010, when he served as president and CEO of a subsidiary of RJ Reynolds Tobacco Co, according to an Associated Press analysis of regulatory filing.

Pay package came in a year when the manufacturer of Camel cigarettes and Pall Mall, and the Kodiak and Grizzly smokeless tobacco saw its net profit to grow by more than 27 percent and revenue excluding excise duties remained unchanged at 8.5 billion dollars. The company based in Winston-Salem, North Carolina, raised prices, but it sold 6 percent fewer cigarettes.

The compensation deal was disclosed in the company's preliminary annual proxy filing with the Securities and Exchange Commission on Thursday night.
Base salary Delen increased by 15 percent to $ 1 million. He also received a cash bonus performance, totaling about $ 1.2 million. Delen, who became CEO in March of last year, also received stock and options worth about $ 6.2 million a day for granted.
46-year-old also received other compensation of $ 176,567, most of which were for his contribution to the pension plan of the company.

Susan M. Ivey, who retired as CEO in February 2011, having received payment for a package valued at $ 753,660 in fiscal year 2011, 96 percent less compared to $ 16.8 million in 2010.
Reynolds American also said it will hold its annual meeting of shareholders may 3AT its headquarters, where it will elect six directors, the board and vote on a shareholder proposal for the establishment of the Ethics Committee to review the marketing of the company.

Associated Press, the formula for calculating executive compensation is designed to isolate the value the board of directors has full executive compensation package during the last fiscal year. It includes salary, bonus, performance-related bonuses, perks, above-market earnings on deferred compensation and the estimated value of stock options and awards granted during the year.
The calculations do not include changes in the present value of pension benefits, bringing the total AP differs in some cases than the total number of companies registered with the SEC.