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Vector Group
 | |
| Company type | Subsidiary |
|---|---|
| NYSE: VGR | |
| Industry | Diversified holding |
| Genre | Holding company |
| Founded | 1986.[1] |
| Founder | Bennett S. LeBow |
| Headquarters | Miami, Florida, U.S. |
Key people | Bennett S. LeBow Chairman Howard Lorber President and Chief Executive Officer Richard Lampen Executive Vice President[2] J. Bryant Kirkland III Senior Vice President, Chief Financial Officer and Treasurer[2] Marc N. Bell Senior Vice President, General Counsel and Secretary[2] Ronald J. Bernstein President and Chief Executive Officer of Liggett Group LLC and Liggett Vector Brands LLC[2] |
| Products | Tobacco, real estate, property management[3] |
| Revenue | $2.02 billion (FY 2020)[4] |
| $92.5 million (FY 2020)[4] | |
| Total assets | $1.34 billion (FY 2020)[5] |
Number of employees | 1,007[5] |
| Parent | Japan Tobacco |
| Subsidiaries | Liggett Group LLC New Valley LLC Vector Tobacco[3] |
| Website | vectorgroupltd |
Vector Group Ltd. is an American diversified holding company with two major businesses: Liggett Group[6] (tobacco) and New Valley (real estate).[7]
Bennett S. LeBow founded Vector Group in 1986. Since then, he has served as Chairman. Howard Lorber has served as the Company's President and Chief Executive Officer since 1994.[8]
Vector Group was previously called Brooke Group.[9]
In August 2024, Vector Group agreed to be acquired by Japan Tobacco (JT Group) to become a wholly owned consolidated subsidiary of JT.[10] The deal was completed in October 2024.[11]
- ^ Fairclough, Gordon (June 26, 2000). "Liggett's Chief Breaks Rank Again At Tobacco Trial". Wall Street Journal. Retrieved September 27, 2016.
- ^ a b c d "Vector Group Ltd". Bloomberg Markets. Bloomberg.com. Retrieved September 27, 2016.
- ^ a b "Vector Group Ltd. 2016 Stockholders' Report" (PDF). Vector Group. Retrieved December 23, 2017.
- ^ a b "Vector Group Reports Fourth Quarter and Full Year 2018 Financial Results". Vector Group. February 28, 2019.
- ^ a b "ANNUAL REPORT". SEC. December 31, 2018.
- ^ Ornstein, Charles (April 6, 2016). "Top Medical Journal Deflects Criticism of Withholding Data". ProPublica. Retrieved September 27, 2016.
- ^ Clarke, Katherine (February 1, 2013). "Who really owns NYC's real estate firms?". The Real Deal. Retrieved September 27, 2016.
- ^ Bockmann, Rich. "Howard Lorber and the art of brand management". The Real Deal. Retrieved September 27, 2016.
- ^ Nina dos Santos (February 21, 2019). "Senate investigators pursue Moscow-based former Trump associate". CNN.com. Retrieved February 22, 2019.
- ^ "JT Group to Acquire Vector Group Ltd". Businesswire. August 21, 2024.
- ^ "JT Group Completes Acquisition of Vector Group Ltd". Businesswire. October 10, 2024.
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