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SEC FILINGS

Altria Announces Executive Changes and Meeting Results

Altria Group announces executive leadership changes and annual meeting results. Salvatore Mancuso named CEO.

Samuel Nguyen
BySamuel Nguyen- Senior Editor
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Altria Announces Executive Changes and Meeting Results
Photo: Prepared by Bond.az

Altria Group, Inc. (NYSE:MO) announced executive leadership changes and results of its annual shareholders meeting. The company's stock trades near its 52-week high of $74.56, currently at $73.72 with a 30% year-to-date return.

Salvatore Mancuso was elected CEO, effective after the annual meeting. His annual base salary is set at $1,350,000. He also received 40,634 restricted stock units (RSUs) and 37,246 performance stock units (PSUs).

Heather A. Newman was elected Executive Vice President and CFO. Her annual base salary is $800,000.

Former CEO William F. Gifford, Jr. retired. He will receive a pro-rated payment of $995,822 and serve as a consultant through December 2026.

All ten director nominees were elected. Shareholders also ratified the selection of PricewaterhouseCoopers LLP as auditor.

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