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ALTRIA GROUP, INC.

(MO)
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Altria Names Kathryn McQuade as First Female Board Chair

05/11/2021 | 07:19am EDT

By Colin Kellaher

Altria Group Inc. on Tuesday said it named Kathryn McQuade board chair, effective upon the conclusion of its annual shareholder meeting on May 20.

The New York tobacco giant said Ms. McQuade, a director since 2012, will be the first woman to serve as chair of its board.

Altria last year split the roles of chairman and chief executive after Howard Willard stepped down from the posts following two rocky years on the job that resulted in big losses on the Marlboro maker's investment in Juul Labs Inc.

Thomas Farrell, an Altria board member since 2008 who stepped in as chairman after Mr. Willard's departure, died in April after a battle with cancer.

Altria said Ms. McQuade, who will oversee a board on which more than 72% of its members are women or racially or ethnically diverse, retired as executive vice president and chief financial officer of Canadian Pacific Railway Ltd. in November 2012.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

05-11-21 0919ET

Stocks mentioned in the article
ChangeLast1st jan.
ALTRIA GROUP, INC. -1.15% 48.04 Delayed Quote.17.17%
CANADIAN PACIFIC RAILWAY LIMITED 1.21% 92.64 Delayed Quote.4.91%
DJ INDUSTRIAL -0.42% 34935.47 Delayed Quote.14.63%
DOMINION ENERGY, INC. -0.85% 74.87 Delayed Quote.-0.44%
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More news
Financials (USD)
Sales 2021 21 251 M - -
Net income 2021 7 792 M - -
Net Debt 2021 25 701 M - -
P/E ratio 2021 11,4x
Yield 2021 7,42%
Capitalization 88 590 M 88 590 M -
EV / Sales 2021 5,38x
EV / Sales 2022 5,26x
Nbr of Employees 7 100
Free-Float 65,8%
Chart ALTRIA GROUP, INC.
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Technical analysis trends ALTRIA GROUP, INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 48,04 $
Average target price 54,16 $
Spread / Average Target 12,7%
EPS Revisions
Managers and Directors
William F. Gifford Vice Chairman & Chief Executive Officer
Salvatore Mancuso Chief Financial Officer & Executive Vice President
Kathryn B. McQuade Chairman
Jody L. Begley Chief Operating Officer & Executive Vice President
Charles N. Whitaker SVP, Chief Human Resources & Compliance Officer
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