Juul Labs Inc on Tuesday hired the head of regulatory affairs at its part-owner Altria Group Inc to take on a similar role at the e-cigarette maker, amid a regulatory backlash against the growth of teen vaping in the United States. Joe Murillo is the first big hire by Juul’s new chief executive officer, K.C. Crosthwaite, who himself moved over from Altria last week. Altria owns a 35.5% stake in Juul, which last week said it would suspend all advertising in the United States where the Trump administration has announced plans to remove all flavored e-cigarettes from store …read more
Source:: Yahoo Finance
