As legal cases and regulatory pressure against Juul have mounted, Altria has taken more than $8.5 billion in write-downs on Juul, slashing the value of its investment in the company to roughly a third of what it initially paid. Email notifications are only sent once a day, and only if there are new matching items. Willard had worked for the company for 28 years, serving in such roles as chief operating officer, chief financial officer and executive vice president of strategy and business development. “Our election of Billy as the next CEO reflects the board’s belief that his collaborative leadership style, strategic mindset and deep financial and industry expertise are right to lead Altria towards that future.”. Altria Client Services LLC. Executive Vice President Chief Operating Officer President Chief Executive Officer The second Trader Joe’s store in the Richmond region is slated to open on Friday, Oct. 9. No credit card required. Michelle Wine Estates Ltd. With Gifford’s new position, the board also named Salvatore Mancuso as executive vice president and chief financial officer. He is recuperating from the coronavirus at home, a spokesman said. Top executive Howard A. Willard III retired this week after serving as chairman and CEO for just two years, during which the company poured billions of dollars into products other than its core cigarette business. You can cancel at any time. Altria’s Board separates the Chairman and CEO roles and names Thomas Farrell independent Chairman. Managing Director Kingsley has 7 jobs listed on their profile. | Baillie Gifford is one of the UK's leading independently owned investment management firms. Altria Group, Inc. We're focused on the long-term success of our business and on delivering consistent shareholder returns. Altria Group Inc.’s headquarters in is Henrico County. View the profiles of professionals named "Billy Gifford" on LinkedIn. Baillie Gifford | 21,560 followers on LinkedIn | Independent global investment managers since 1908. Philip Morris USA Inc. President Nat Sherman LLC, Senior Vice President Altria Group, Inc. Executive Vice President Altria Group, Inc. Executive Vice PresidentChief Financial Officer Thomas F. Farrell II, the chairman and CEO at Richmond-based Dominion Energy Inc. who had been Altria’s independent presiding director, was elected board chairman of Altria. View Kingsley Gifford’s profile on LinkedIn, the world's largest professional community. General Manager The Henrico County-based parent company of cigarette maker Philip Morris USA has named a new CEO and a new chief financial officer, and it has separated the roles of board chairman and CEO. Enjoy more articles by logging in or creating a free account. Government Affairs Consistency has been and is our hallmark. Bill has 2 jobs listed on their profile. You have permission to edit this article. Altria's CEO retires; names William F Gifford Jr. as chief executive and Dominion Energy's CEO as its chairman. It is owned and run by 46 of its senior executives who operate as a partnership, a structure which has endured for over a century and which provides stability for clients and motivation for employees. He became Altria’s chairman and CEO in May 2018 and had been leading the company as it tries to offset declining cigarette consumption by introducing alternative nicotine products and investing in businesses outside the conventional cigarette market. Altria Group Inc. Chairman and CEO Howard Willard, who took a medical leave of absence in March after testing positive for COVID-19, has retired from his position heading up the Henrico County-based Fortune 500 parent company of cigarette manufacturer Philip Morris USA, effective April 14.. Altria’s Board of Directors elected William F. “Billy” Gifford Jr. to serve as CEO. Your IP: 70.32.23.18 Altria’s Board elects Billy Gifford to serve as CEO. Corporate Citizenship General Manager Altria’s board decided to separate the roles of chairman and CEO. Billy has 5 jobs listed on their profile. Baillie Gifford is an investment management firm which is wholly owned by partners, all of whom work within the firm. Chief Executive Officer Cloudflare Ray ID: 5e23c04c1f0cfe1c Ste. Gifford, 49, had been the company’s vice chairman and chief financial officer since May 2018. The tobacco industry is changing, requiring us to continuously listen to stakeholders, adjust business practices and communicate our progress. Altria Client Services LLC, Vice President View William (Bill) Gifford’s profile on LinkedIn, the world's largest professional community. See the complete profile on LinkedIn and discover Kingsley’s connections and jobs at similar companies. 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