Tag: Heather Newman

  • Altria Schedules Financial Webcast for July 30

    Altria Schedules Financial Webcast for July 30

    Altria Group will host a live audio webcast on July 30 at 9 a.m. ET to discuss its 2026 second-quarter and first-half financial results, which will be released at approximately 7 a.m. ET that day. The webcast will feature Chief Executive Officer Sal Mancuso and Chief Financial Officer Heather Newman, who will review the company’s operating and financial performance and participate in a question-and-answer session with investors and the media. The event will be available in listen-only mode, with pre-registration required, and an archived replay will be posted on Altria’s investor relations website.

  • Altria CEO Gifford to Retire in 2026; Mancuso Named Successor

    Altria CEO Gifford to Retire in 2026; Mancuso Named Successor

    Altria Group announced that CEO Billy Gifford will retire following the company’s 2026 Annual Meeting of Shareholders on May 14, ending a more than 30-year career with the company. Gifford, who has led the company since 2020, plans to remain as a consultant through at least the end of 2026 to support a smooth leadership transition. Company leaders praised Gifford for steering Altria through a turbulent period and emphasized continuity in advancing the company’s “Moving Beyond Smoking” strategy under the incoming leadership team.

    The board has elected Salvatore “Sal” Mancuso, currently Altria’s executive vice president and chief financial officer, to succeed Gifford as CEO. Mancuso joined Philip Morris USA in 1990 and has held senior roles across strategy, finance, and compliance. Board Chair Kathryn McQuade said his selection followed a long-term succession process evaluating both internal and external candidates.

    Heather Newman, Altria’s chief strategy and growth officer, has been named the company’s next CFO, also effective at the 2026 Annual Meeting. Newman, who joined Altria in 1999, previously served as president and CEO of Philip Morris USA.