Altria Appoints Steven W. Presley to Board of Directors

On August 27, 2026, Altria Group, Inc. filed an 8-K to announce a change in its Board of Directors.

Key Points:

• New Director: The Board elected Steven W. Presley as a new director, effective August 27, 2026.
• Board Expansion: Concurrently, the size of the Board was increased from 10 to 11 members.
• Independence: The Board has affirmatively determined that Mr. Presley qualifies as an independent director under NYSE listing standards and Altria's own criteria.
• Committee Assignments: Mr. Presley has been appointed to the Compensation and Talent Development, Innovation, and Finance Committees.
• Professional Background: Mr. Presley is the Chief Executive Officer of Refresco Benelux B.V. and has extensive prior executive experience at Nestlé S.A., including roles as CEO of Zone Americas and Zone North America.
• Compensation: He will participate in Altria's standard compensation program for non-employee directors.

This appointment adds a seasoned executive with significant experience in the global food and beverage industry to Altria's board, potentially bringing valuable insights as the company continues its strategic 'Moving Beyond Smoking' vision.