Bennett S. LeBow

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This article is part of the Tobacco portal on Sourcewatch funded from 2006 - 2009 by the American Legacy Foundation.

Bennett S. LeBow was President & CEO fo the Liggett Group from 1990-1993.

Biography

Bennett S. LeBow was President and Chief Executive Officer of Liggett Group, Inc. from 1990 through 1993. He was on the Board of Directors from 1988 to 1989. He was employed by Brook Group, Ltd. and served as Chairman, President, Chief Executive Officer, Treasurer and was on the Board of Directors from 1994 to 1995. (N.M., L & M Liability Notebook, Section 3, Personnel List). LeBow was an investor who purchased the Liggett Group Inc. from Grand Metropolitan PLC in 1986 (L. White, Merchants 1988). Grand Metropolitan PLC was the parent of the Liggett Group and Liggett & Myers Inc. from 1980 to 1986 (E. Whelan 1984, Merchants 1988). The Liggett Group was sold by Grand Metropolitan PLC to investors Robert E. Gillis and Bennett S. LeBow in 1986. GrandMet kept Alpo (L. White, Merchants 1988).

LeBow stunned his fellow tobacco executives at Philip Morris, Brown & Williamson, R.J. ReynoldsNabisco, Loews and Lorillard when he broke ranks with them and announced he was going to settle the Medicaid lawsuits brought by forty state attorneys general. In a February 1998 PBS Frontline interview, LeBow also revealed that he was cooperating with the Justice Department in its criminal investigation of the tobacco industry.[1]

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