John T. Casteen III, a director of Altria Group since 2010, will retire from service on Altria’s board of directors following the completion of his current term.
Casteen will not stand for re-election to the board of directors at Altria’s 2021 annual meeting of shareholders, which is presently anticipated to be held on May 20, 2021.
“Altria has benefited from John’s significant contributions over the past ten years,” said Tom Farrell, Altria’s independent board chairman in a statement. “We thank him for his distinguished service and wish him the very best.”
Casteen is a member of the audit, compensation and talent development and innovation committees. He became president emeritus of the University of Virginia in August 2010 after having served as president of the university since 1990.
Previously, Casteen served as secretary of education for the Commonwealth of Virginia from 1982 to 1985 and president of the University of Connecticut from 1985 to 1990. He is a director of Strategic Education. He also serves as a director of the Leifur Eiriksson Foundation, the Institute for Shipboard Education (Semester at Sea) and Echo360.