Followups: Altria CEO retires
Altria Group Inc. Chairman and CEO Howard Willard, who took a medical leave of absence in March after testing positive for COVID-19, retired from heading the Henrico County-based Fortune 500 tobacco company on April 14.
Altria’s board of directors elected former Philip Morris USA President and CEO William F. “Billy” Gifford Jr. to serve as CEO. Altria’s former vice chairman and chief financial officer, Gifford had served as acting CEO in Willard’s absence. The board also separated the positions of chairman and CEO, electing Dominion Energy Chairman, President and CEO Thomas F. Farrell II as the Altria board’s chairman. Salvatore Mancuso will succeed Gifford as Altria’s executive vice president and CFO.
VirginiaBusiness.com reported on Willard’s condition on March 20.