A U.S. tobacco company whose brands include Marlboro cigarettes, Black & Mild cigars, Copenhagen and Skoal smokeless tobacco, on! nicotine pouches, and NJOY e-vapor products. Its roots trace to a London tobacco shop opened by Philip Morris in 1847, and in 2003 the company renamed itself Altria, a word drawn from the Latin "altus" meaning "high" — chosen, it said, to reflect reaching higher, not the similar-sounding "altruism."
Altria elects Steven W. Presley to its Board of Directors, effective August 27, 2026.
Presley was also appointed to the Board's Compensation and Talent Development, Innovation and Finance Committees.
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Altria increased its Board size from 10 to 11 directors and elected Steven W. Presley, effective August 27, 2026.
The Board determined Presley qualifies as an independent director under NYSE and Altria standards.
Presley will be compensated under Altria's existing non-employee director compensation program.
Presley is CEO of Refresco Benelux B.V. and previously held senior roles at Nestlé S.A.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Altria reports Q2 2026 adjusted EPS of $1.48, up 2.8%, and narrows full-year guidance to $5.61-$5.72.
Second-quarter 2026 net revenues were $6,111 million, essentially unchanged from Q2 2025; revenues net of excise taxes rose 1.2% to $5,356 million.
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Reported diluted EPS for Q2 2026 was $1.37, down 2.8% from Q2 2025; adjusted diluted EPS was $1.48, up 2.8%.
First-half 2026 net revenues increased 1.6% to $11,539 million; adjusted diluted EPS rose 4.9% to $2.80.
Altria narrowed its 2026 full-year adjusted diluted EPS guidance to a range of $5.61 to $5.72, representing growth of 3.5% to 5.5% from a base of $5.42 in 2025.
The company repurchased 0.8 million shares for $55 million in Q2 and paid $1.8 billion in dividends; $665 million remained under its share repurchase program as of June 30, 2026.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Altria sets new CEO and CFO compensation; former CEO Gifford retires with consulting deal
Salvatore Mancuso became CEO effective May 14, 2026, with an annual base salary of $1,350,000, RSU grant of 40,634, and PSU grant of 37,246.
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Heather A. Newman became EVP and CFO effective May 14, 2026, with an annual base salary of $800,000.
William F. Gifford, Jr. retired as CEO effective May 14, 2026, and will receive pro-rated incentive payments and a consulting agreement at $250,000 per month through December 31, 2026.
Gifford will receive cash payments for unvested RSUs and PSUs, with aggregate RSU payment of $6,859,062 and PSU payment at target of $7,837,712.
Shareholders elected 10 directors, ratified PwC as auditor, and approved executive compensation on an advisory basis.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
Altria elects Salvatore Mancuso to Board, effective January 29, 2026.
Mancuso was previously elected to become Altria's CEO, effective May 14, 2026, at the conclusion of the 2026 Annual Meeting of Shareholders.
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Altria's Board increased its size from 11 to 12 directors and elected Salvatore Mancuso, effective January 29, 2026.
Mancuso was not named to any Board committee at this time.
The Board acted on the recommendation of the Nominating, Corporate Governance and Social Responsibility Committee.
Altria also reported 2025 fourth-quarter and full-year results and provided 2026 earnings guidance.
2.02 Results of Operations and Financial Condition · 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits
Altria CEO Billy Gifford to retire May 14, 2026; Sal Mancuso named successor CEO.
Heather A. Newman, currently Chief Strategy & Growth Officer, was elected EVP and CFO effective May 14, 2026.
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William F. Gifford, Jr. will retire as CEO and director of Altria effective May 14, 2026, after over 30 years of service.
Salvatore Mancuso, currently EVP and CFO, was elected CEO effective May 14, 2026.
Gifford will serve as a consultant to Altria through at least the end of 2026.
Newman received a special grant of RSUs valued at $1,500,000, vesting on November 20, 2030.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits