CNBC: Juul CEO Kevin Burns to step down, replaced by former Altria exec K.C. Crosthwaite
Crosthwaite will continue “a broad review of the company’s practices and policies to ensure alignment with its aim of responsible leadership within the industry,” Juul said in a press release.
Juul will suspend all advertising in the United States and will not lobby the government on its decision to remove flavored e-cigarette products from the market.
BREAKING NEWS:
-Philip Morris, Altria end merger talks $PM $MO
-Juul CEO Kevin burns to step down pic.twitter.com/acvOB2ZLFE— Squawk Box (@SquawkCNBC) September 25, 2019
