Altria Announces Election of Richard S. Stoddart to Altria’s Board of Directors
30 January 2025 - 11:01PM
Business Wire
Altria Group, Inc. (NYSE: MO) is pleased to announce that
Richard S. Stoddart will join our Board of Directors (Board) on
February 3, 2025.
Mr. Stoddart has served as the board chair of Hasbro, Inc.
(NASDAQ: HAS), a global play and entertainment company, since
February 2022 and as a board member since 2014. He previously
served as Hasbro’s interim Chief Executive Officer (CEO) from
October 2021 to February 2022, following the passing of Hasbro’s
former board chair and CEO. Mr. Stoddart is the former President
and CEO of InnerWorkings, Inc., a global marketing execution firm,
serving in that role from April 2018 until October 2020 when
InnerWorkings, Inc. was acquired. Mr. Stoddart was the CEO and
Global President of Leo Burnett Worldwide from 2016 to 2018, the
CEO of Leo Burnett North America from 2013 to 2016 and the
President of Leo Burnett North America from 2005 to 2013.
Mr. Stoddart will serve as a member of the Board’s Audit,
Innovation, and Nominating, Corporate Governance and Social
Responsibility Committees.
Altria’s Profile
We have a leading portfolio of tobacco products for U.S. tobacco
consumers age 21+. Our Vision is to responsibly lead the transition
of adult smokers to a smoke-free future (Vision). We are 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, our businesses and society.
Our wholly owned subsidiaries include leading manufacturers of
both combustible and smoke-free products. In combustibles, we own
Philip Morris USA Inc. (PM USA), the most profitable U.S. cigarette
manufacturer, and John Middleton Co. (Middleton), a leading U.S.
cigar manufacturer. Our smoke-free portfolio includes ownership of
U.S. Smokeless Tobacco Company LLC (USSTC), the leading global
moist smokeless tobacco (MST) manufacturer, Helix Innovations LLC
(Helix), a leading manufacturer of oral nicotine pouches, and NJOY,
LLC (NJOY), an e-vapor manufacturer with a commercialized product
portfolio fully covered by marketing granted orders from the U.S.
Food and Drug Administration (FDA).
Additionally, we have a majority-owned joint venture, Horizon
Innovations LLC (Horizon), for the U.S. marketing and
commercialization of heated tobacco stick products.
Our equity investments include 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 our operating companies include Marlboro
®, Black & Mild ®, Copenhagen ®, Skoal ®, on! ® and NJOY®.
Trademarks related to Altria referenced in this release are the
property of Altria or our subsidiaries or are used with
permission.
Learn more about Altria at www.altria.com and follow us on X
(formerly known as Twitter), Facebook and LinkedIn.
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