Altria Announces Retirement of CEO Billy Gifford and Appointment of Sal Mancuso as Successor

Altria Group, Inc. has announced that Billy Gifford, Altria’s CEO, has decided to retire, effective May 14, 2026. Altria’s Board of Directors has elected Salvatore (Sal) Mancuso to serve as Altria’s CEO upon Billy’s retirement. To facilitate a smooth transition, Billy plans to serve as a consultant to Altria upon his retirement through at least the end of 2026. Read more here.

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