Altria CEO Billy Gifford to retire May 14, 2026; Sal Mancuso named successor
Altria said CEO William Gifford will retire as CEO and director effective May 14, 2026, at the close of its 2026 Annual Meeting, and the board elected CFO Salvatore Mancuso as his successor as CEO. Heather Newman, currently Chief Strategy & Growth Officer, was elected CFO on the same effective date. The changes put a new CEO and CFO in place for shareholders, though the filing does not disclose Mancuso's compensation, which the board will set later.
Key points
- Billy Gifford retires as CEO and director effective May 14, 2026; he will consult for Altria through at least the end of 2026
- Salvatore Mancuso, 60, currently Executive Vice President and CFO, elected CEO effective May 14, 2026
- Heather Newman, 48, elected CFO effective May 14, 2026; received a special RSU grant valued at $1,500,000 vesting November 20, 2030
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 11, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.