Altria Announces Election of Two Board Members and Retirement of John T. Casteen III
Altria Group, Inc. (Altria) (NYSE: MO) is pleased to announce
that Marjorie M. Connelly and R. Matt Davis joined its Board of
Directors (Board) as of October 27, 2021.
“Both Marge and Matt bring a tremendous amount of senior-level
public company experience,” said Kathryn McQuade, Altria’s Board
Chair. “I believe that their significant expertise, including in
operations, business strategy, consumer insights and public policy,
will enhance the Board’s strategic oversight as Altria pursues its
Vision to responsibly lead the transition of adult smokers to a
Ms. Connelly served as Chief Operating Officer of Convergys
Corporation (now Concentrix Corporation), a publicly traded, global
leader in customer management, from November 2014 until her
retirement in December 2017. Ms. Connelly also held leadership
roles with Barclaycard, Wachovia Securities and Capital One
Financial Corporation. She currently serves as a director of PRA
Group, Inc., a global leader in acquiring and collecting
nonperforming loans, and as an advisor to MissionOG, a venture
capital firm. Ms. Connelly will serve on Altria’s Audit Committee,
Innovation Committee and Nominating, Corporate Governance and
Social Responsibility Committee.
Mr. Davis retired from Dow Inc., a global materials science
company based in the United States, in 2019 as President, North
America and Senior Vice President, Global Corporate Affairs, a
position he held from 2016 to 2019. From 1987 to 2016, Mr. Davis
held a variety of corporate affairs, communications and leadership
roles across Dow Inc. Mr. Davis now serves as President of
Driftwood Leadership, LLC, a consulting company that focuses on
leadership strategies and inspirational training for organizations
and individuals, a position he has held since 2019. Mr. Davis will
serve on Altria’s Finance Committee, Innovation Committee and
Nominating, Corporate Governance and Social Responsibility
In addition, John T. Casteen III, a director since 2010, will
retire from service on the Board following completion of his
current term. Consequently, Mr. Casteen will not stand for
re-election to the Board at Altria’s 2022 Annual Meeting of
Shareholders, which is presently anticipated to be held on May 19,
“Altria has benefited from John’s significant contributions for
over a decade, and we thank him for his distinguished service,”
said Ms. McQuade.
Altria has a leading portfolio of tobacco products for U.S.
tobacco consumers age 21+. Altria’s Vision by 2030 is to
responsibly lead the transition of adult smokers to a smoke-free
future (Vision). Altria is Moving Beyond Smoking™, leading the way
in moving adult smokers away from cigarettes by taking action to
transition millions to potentially less harmful choices - believing
it is a substantial opportunity for adult tobacco consumers,
Altria’s businesses and society.
Altria’s wholly owned subsidiaries include the most profitable
tobacco companies in their categories: Philip Morris USA Inc. (PM
USA), U.S. Smokeless Tobacco Company LLC (USSTC) and John Middleton
Co. (Middleton). Altria’s smoke-free portfolio includes Helix
Innovations LLC (Helix), the maker of on! oral nicotine pouches,
exclusive U.S. commercialization rights to the IQOS Tobacco Heating
System® and Marlboro HeatSticks®, and an equity investment in JUUL
Labs, Inc. (JUUL).
Altria also owns equity investments in Anheuser-Busch InBev
SA/NV (ABI), the world’s largest brewer, and Cronos Group Inc.
(Cronos), a leading Canadian cannabinoid company.
The brand portfolios of Altria’s tobacco operating companies
include Marlboro®, Black & Mild®, Copenhagen®, Skoal® and on!®.
Trademarks and service marks related to Altria referenced in this
release are the property of Altria or its subsidiaries or are used
Learn more about Altria at www.altria.com and follow us on
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