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Source: Richard Craver, WINSTON-SALEM JOURNAL, 9/25/19
The tobacco industry awoke Wednesday to two stunning developments — the resignation of Juul Labs Inc. chief executive Kevin Burns and the ending of re-uniting talks between Altria Group Inc. and Philip Morris International. Burns was replaced immediately by Altria executive K.C. Crosthwaite, according to Juul co-founders James Monsees and Adam Bowen. Burns also was a co-founder of Juul, which makes the top-selling and highly controversial Juul electronic cigarette. For more of this story, click here.
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