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Tag: retirement

  • Union Seeks Dismissal of ITG Challenge in Retiree Health Dispute

    Union Seeks Dismissal of ITG Challenge in Retiree Health Dispute

    A tobacco workers’ union is asking a North Carolina federal court to dismiss ITG Brands’ attempt to overturn a November 2025 arbitration ruling on retiree healthcare benefits. The Bakery, Confectionery, Tobacco Workers & Grain Millers International Union (BCTGM) Local 317-T argues the company’s legal challenge was improperly filed and does not comply with required procedures under the Federal Arbitration Act.

    The dispute stems from an arbitration decision issued by arbitrator Dennis Nolan in favor of the union for a yet-to-be-disclosed amount, which ITG Brands is seeking to vacate. The union maintains that, because the filing was procedurally flawed, the court should reject the challenge and allow the arbitration award to stand. The case remains active in the U.S. District Court for the Middle District of North Carolina.

  • George Munoz Retires from Altria Board

    George Munoz Retires from Altria Board

    George Muñoz, a director of Altria since 2004, notified Altria of his decision to retire from service on the company’s Board of Directors following the completion of his current term. Consequently, Muñoz will not stand for re-election to the board at the 2026 Annual Meeting of Shareholders, which Altria anticipates holding on May 14, 2026.

    “George has made extensive and significant contributions to Altria over more than 20 years,” said Kathryn McQuade, Altria’s independent Chair of the Board. “We thank George for his long-standing and valuable service and wish him the very best upon his retirement.”

    Muñoz is Chair of the Compensation and Talent Development Committee and is a member of the Audit, Executive and Finance Committees. He previously served as the Chair of the Audit Committee.

    Muñoz is a principal of Muñoz Investment Banking Group and a partner at the law firm of Tobin & Muñoz. Muñoz is also a director of Laureate Education.

  • Hausmann Retires From Pyxus International

    Hausmann Retires From Pyxus International

    Three empty beach chairs sitting on a dock facing the water
    Photo: jovannig | Adobe Stock

    Carl L. Hausmann intends to retire from the Pyxus International’s board of directors effective as of the 2022 annual shareholders meeting, according to a company press release.

    Hausmann was appointed to Pyxus’ board of directors in October 2020 and serves on the environmental, social, governance and nominating committee as well as the audit committee. Additionally, Hausmann served as a member of the board of directors of Pyxus International’s predecessor, Alliance One International, from June 2013 to August 2018.

    “On behalf of the board of directors, as well as Pyxus’ management team, we thank Carl for his guidance and many contributions over the years,” said Pyxus President and CEO Pieter Sikkel. “His extensive experience in the agricultural industry, thorough understanding of our operations and support of our ESG framework has been instrumental in establishing the foundation necessary to position Pyxus for success moving forward. It has been a privilege to work with Carl during both of his board appointments, and we wish him all the best in the years to come.”

    The board of directors plans to fill Hausmann’s seat with an independent director, though this may not occur until after the company’s 2022 annual shareholders meeting.