US
Alliance One International, Inc. announced that the company's shareholders approved the change in corporate name to Pyxus International, Inc., at the company's Annual Meeting of Shareholders held on August 16, 2018.
The company plans to start using the name Pyxus on September 12, 2018, at which time the shares will begin trading on the NYSE under the symbol "PYX." Until then, the company's shares will continue to trade on the NYSE under the symbol "AOI." The company will use the "Alliance One" brand name for its leaf tobacco business.
In addition, the Board of Directors also approved changes to its leadership. Pieter Sikkel, president and c.e.o., has been appointed chairman of the board, replacing Mark Kehaya, and Jeffrey A. Eckmann will assume the role as lead independent director from C. Richard ("Dick") Green, Jr. Both Kehaya and Green will remain members of the Board.
Further detail on the company's brand, structure, and strategy will be discussed at the upcoming Investor and Analyst Day on September 12, 2018, in New York City.