Juul CEO steps down, company promises to follow Trump ban

Juul announced Wednesday morning that its CEO would step down and that the company would not lobby the Trump administration on its looming ban of flavored vapor products.

Public health groups criticized Juul's decision to install a tobacco executive as its new leader and said the company's new prohibition on advertising was nothing more than a PR move. Philip Morris International, which split from Altria in the early 2000s, also announced this morning that the two companies had ended recent talks to rejoin the companies. Instead, it will focus on its own smokeless tobacco product lines in the U.S.

By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time.

Because they got a big investment from a tobacco company

Never good good for capitalism

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Juul CEO steps down amid intense company scrutinyJUST IN: Juul CEO steps down as the company announces it will pull all advertising in the U.S. I saw an ad just last night. Jumping from a sinking ship
Source: NBCNews - 🏆 10. / 86 Read more »

Juul CEO Steps Down and Company Suspends Advertising Amid Vaping CrisisAmidst concerns over the vaping crisis, the CEO of Juul Labs, the beleaguered e-cigarette company accused of marketing directly to teens, has stepped down Damn. Big Tobacco playing dirty.
Source: RollingStone - 🏆 483. / 51 Read more »