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Altria Group Announces CEO Retirement and Successor

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Altria Group Announces CEO Retirement and Successor

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Altria Group ( (MO) ) has issued an announcement.

On December 8, 2025, Altria Group announced the retirement of its CEO, William F. Gifford, Jr., effective May 14, 2026, after over 30 years of service. Salvatore Mancuso, currently the Executive Vice President and CFO, will succeed him as CEO, while Heather A. Newman will become the new CFO. This leadership transition is part of Altria’s long-term succession planning and aims to continue the company’s strategic vision of moving beyond smoking and achieving its 2028 Enterprise Goals.

The most recent analyst rating on (MO) stock is a Hold with a $62.00 price target. To see the full list of analyst forecasts on Altria Group stock, see the MO Stock Forecast page.

Spark’s Take on MO Stock

According to Spark, TipRanks’ AI Analyst, MO is a Neutral.

Altria’s overall stock score reflects strong earnings performance and attractive valuation, offset by technical weaknesses and financial leverage concerns. The company’s strategic initiatives and high dividend yield are significant strengths, while declining cigarette volumes and market competition pose challenges.

To see Spark’s full report on MO stock, click here.

More about Altria Group

Altria Group, Inc. is a leading company in the tobacco industry, focusing on both combustible and smoke-free products. It owns subsidiaries such as Philip Morris USA, John Middleton Co., and U.S. Smokeless Tobacco Company LLC, and has a portfolio that includes Marlboro, Black & Mild, Copenhagen, and NJOY. Altria is committed to transitioning adult smokers to a smoke-free future and exploring growth opportunities beyond nicotine.

Average Trading Volume: 8,409,397

Technical Sentiment Signal: Buy

Current Market Cap: $97.67B

For an in-depth examination of MO stock, go to TipRanks’ Overview page.

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