internal
Salvatore Mancuso
Chief Executive Officer
Executive
0 yr
5 reports
Altria Group, Inc. ·MO
Incoming CEO succession coincides with CFO and CEO role swap
Food, Beverages & Tobacco · Fortune #209 · Divisional structure · 6K employees · Richmond, VA
View as of:
5
CEO span
↓ tighter than peers (avg 10)
5
Avg span
wide
2
Max depth
2 levels
2.6 yr
Avg tenure
stable vs FY2024
100%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$23.3B
Operating income
$9.9B
Net income
$6.9B
Total assets
$35.0B
Shares out
1.67B
Sourced from Altria Group, Inc. DEF 14A · filed 2026-04-02 ↗ View on SEC
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Altria Group, Inc. organizational chart
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Incoming CEO succession coincides with a CFO-to-CEO promotion and a strategy chief stepping into the CFO role. This page maps Altria’s compact executive structure, outlines key leaders, analyzes reporting spans, and compares its lean C-suite to tobacco peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal William F. Gifford, Jr. departed as Chief Executive Officer
Announced retirement effective May 14, 2026 following Annual Meeting.
Source · See change logScenario views in the chart
- Add Chief AI & Data Officer Introduce a Chief AI & Data Officer reporting to the CEO to accelerate analytics, regulatory science and commercialization insights.
- Complete CEO Transition Remove the outgoing CEO role after the Annual Meeting, fully consolidating authority under the new CEO.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
William F. Gifford, Jr.
Chief Executive Officer (Outgoing)
Executive
5 yr
0 reports
internal
Heather A. Newman
Executive Vice President and Chief Financial Officer
Finance
0 yr
0 reports
internal
Jody L. Begley
Executive Vice President and Chief Operating Officer
Operations
3 yr
0 reports
internal
Heather A. Newman
Senior Vice President, Chief Strategy & Growth Officer
Strategy
3 yr
0 reports
internal
Charles N. Whitaker
Senior Vice President, Chief Human Resources Officer & Chief Compliance Officer
Human Resources
2 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
William F. Gifford, Jr. $24.6M
- Base salary
- $1.45M
- Stock awards
- $9.35M
- Non-equity incentive
- $4.45M
- Pension change
- $4.94M
- Other
- $225K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The businesses
How Altria Group, Inc. divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Finance
400 employees
Executive Vice President & CFO (Heather A. Newman)
Oversees corporate finance, accounting, treasury, tax and investor relations.
Operations
2K employees
Executive Vice President & COO (Jody L. Begley)
Responsible for manufacturing, supply chain and operational execution across subsidiaries.
Strategy & Growth
200 employees
Senior Vice President, Chief Strategy & Growth Officer (Heather A. Newman)
Leads corporate strategy, growth initiatives and portfolio development.
Human Resources & Compliance
300 employees
Senior Vice President, CHRO & CCO (Charles N. Whitaker)
Manages talent, compensation, culture, ethics and compliance.
The thesis
Why this org is unusual
Incoming CEO succession coincides with a rare internal role swap, with the sitting CFO stepping into the CEO role while the Chief Strategy & Growth Officer becomes CFO.
The structure shows a compact CEO span with five direct reports, reflecting Altria’s relatively flat, divisional model for a Fortune 500 tobacco company. Operations, finance, strategy, and people/compliance remain centralized at the corporate level, while product P&L ownership sits within operating subsidiaries rather than the corporate C-suite.
- CEO and CFO succession announced simultaneously
- All C-suite leaders promoted internally
The comparison
How Altria Group, Inc. stacks up
Compared with peers like Philip Morris International and British American Tobacco, Altria operates with a smaller C-suite and fewer corporate layers. Many global peers add regional presidents and dedicated innovation or science chiefs, while Altria keeps strategy and growth bundled under a single executive. The absence …
C-suite size
Altria Group, Inc.
6
British American Tobacco
11
Japan Tobacco
9
Imperial Brands
8
Reporting depth
Altria Group, Inc.
2 levels
5 levels
British American Tobacco
6 levels
Japan Tobacco
6 levels
Imperial Brands
5 levels
Avg C-suite tenure
Altria Group, Inc.
3 yr
British American Tobacco
5 yr
Japan Tobacco
7 yr
Imperial Brands
4 yr
Has COO / Has CAIO
Altria Group, Inc. ✓ COO — no CAIO
British American Tobacco ✓ COO — no CAIO
Japan Tobacco ✓ COO — no CAIO
Imperial Brands — no COO — no CAIO
Current signals
What changed recently
Altria announced a coordinated CEO and CFO succession, with CFO Salvatore Mancuso becoming CEO and strategy chief Heather Newman stepping into the CFO role.
- departedWilliam F. Gifford, Jr. Chief Executive Officer
Announced retirement effective May 14, 2026 following Annual Meeting.
Source - promotedSalvatore Mancuso Chief Executive Officer
Elected CEO effective May 14, 2026, succeeding William F. Gifford, Jr.
Source - promotedHeather A. Newman Executive Vice President & Chief Financial Officer
Named CFO effective May 14, 2026, transitioning from Chief Strategy & Growth Officer.
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-02
- CEO
- William F. Gifford, Jr.
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 3.1 yr
Leadership stable ahead of announced CEO succession.
Named executive officers (5)
- William F. Gifford, Jr. - Chief Executive Officer since 2020
- Salvatore Mancuso - Executive Vice President & CFO since 2020
- Jody L. Begley - Executive Vice President & COO since 2022
- Heather A. Newman - Senior Vice President, Chief Strategy & Growth Officer since 2022
- Charles N. Whitaker - Senior Vice President, CHRO & CCO since 2023
FY2024
DEF 14A filed 2025-04-01
- CEO
- William F. Gifford, Jr.
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 2.8 yr
No major C-suite changes year over year.
Named executive officers (5)
- William F. Gifford, Jr. - Chief Executive Officer since 2020
- Salvatore Mancuso - Executive Vice President & CFO since 2020
- Jody L. Begley - Executive Vice President & COO since 2022
- Heather A. Newman - Senior Vice President, Chief Strategy & Growth Officer since 2022
- Charles N. Whitaker - Senior Vice President, CHRO & CCO since 2023
FY2023
DEF 14A filed 2024-04-02
- CEO
- William F. Gifford, Jr.
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 2.2 yr
Strategy and HR leadership strengthened with internal promotions.
Named executive officers (5)
- William F. Gifford, Jr. - Chief Executive Officer since 2020
- Salvatore Mancuso - Executive Vice President & CFO since 2020
- Jody L. Begley - Executive Vice President & COO since 2022
- Heather A. Newman - Senior Vice President, Chief Strategy & Growth Officer since 2022
- Charles N. Whitaker - Senior Vice President, CHRO & CCO since 2023
Year-over-year changes
Leadership remained stable while the board finalized a planned CEO and CFO succession.
- CEO span: 5 → 5
- C-suite size: 5 → 5
- Avg tenure: 2.8 → 3.1 yr
- reorg CEO Succession Planning - Chief Executive Officer (DEF 14A 2026-04-02)
Frequently Asked Questions
Who is the CEO of Altria Group?
Salvatore Mancuso becomes CEO effective May 14, 2026, following the retirement of William F. Gifford, Jr.
What type of organizational structure does Altria Group use?
Altria operates a divisional structure with centralized corporate functions and product-focused operating subsidiaries.
How many direct reports does Altria Group's CEO have?
The CEO has five direct reports, covering finance, operations, strategy, HR and compliance.
How has Altria Group's leadership changed recently?
In December 2025, Altria announced the retirement of its CEO and promoted its CFO to CEO, alongside a CFO succession.
Is Altria Group known for internal promotions?
Yes. The CEO, CFO and other senior leaders were all promoted internally, reflecting a strong internal pipeline.
Sources
- 8-K Filing, Dec 11 2025
- SEC EDGAR: Altria Group, Inc. DEF 14A Proxy Statement
- SEC EDGAR: Altria Group, Inc. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Altria Group, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/altria-group/MLA 9th
"Altria Group, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/altria-group/. Accessed .Chicago 17
Creately. "Altria Group, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/altria-group/.Original SEC source View on SEC ↗
Altria Group, Inc.. DEF 14A. Filed 2026-04-02. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/764180/000110465926038900/tmb-20260514xdef14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/altria-group/ · last updated 2026-04-01