Altria adds Steven Presley as 11th board director
Rhea-AI Filing Summary
Altria Group, Inc. (MO) reported that its Board of Directors increased the Board size from 10 to 11 members and elected Steven W. Presley as a director, effective August 27, 2026. He was also appointed to the Board’s Compensation and Talent Development, Innovation and Finance Committees as of that date.
The Board determined that Mr. Presley qualifies as an independent director under New York Stock Exchange standards and Altria’s independence standards. He will receive compensation under Altria’s existing program for non-employee directors. On August 28, 2026, Altria issued a press release announcing his election, furnished as Exhibit 99.1 under Regulation FD.
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8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Board size after change: 11 directors
Common Stock par value: $0.33 1/3 par value
Notes due 2027 coupon: 2.200%
+3 more
6 metrics
Board size after change
11 directors
Board size increased from 10 to 11 on August 27, 2026
Common Stock par value
$0.33 1/3 par value
Par value of Altria’s common stock listed on NYSE
Notes due 2027 coupon
2.200%
2.200% Notes due 2027 (symbol MO27) listed on NYSE
Notes due 2031 coupon
3.125%
3.125% Notes due 2031 (symbol MO31) listed on NYSE
Election effective date
August 27, 2026
Effective date of Steven W. Presley’s election to the Board
Press release date
August 28, 2026
Date of Altria press release announcing Steven W. Presley’s election
Key Terms
independent director, Regulation FD, Inline XBRL, marketing granted orders, +1 more
5 terms
independent director regulatory
"The Board affirmatively determined that Mr. Presley qualifies as an independent director"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
Regulation FD regulatory
"Item 7.01. Regulation FD Disclosure. On August 28, 2026, in connection with Mr. Presley’s election"
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
Inline XBRL technical
"104 | The cover page from this on , formatted in Inline XBRL"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
marketing granted orders regulatory
"NJOY, LLC (NJOY), an e-vapor manufacturer with products covered by marketing granted orders"
smoke-free products medical
"Our wholly owned subsidiaries include leading manufacturers of both combustible and smoke-free products"
FAQ
What board change did Altria Group, Inc. (MO) announce on August 27, 2026?
Altria’s Board increased its size from 10 to 11 directors and elected Steven W. Presley to fill the new seat, effective August 27, 2026. He also joined the Board’s Compensation and Talent Development, Innovation and Finance Committees the same day.
Is Steven W. Presley considered an independent director at Altria (MO)?
Yes. The Board affirmatively determined that Steven W. Presley qualifies as an independent director under New York Stock Exchange listing standards and Altria’s own standards for director independence.
How will Steven W. Presley be compensated for his service on Altria’s (MO) Board?
Steven W. Presley will be compensated under Altria’s existing compensation program for non-employee directors, as described in the Director Compensation section of Altria’s 2026 proxy statement filed on April 2, 2026.
What disclosure did Altria (MO) make under Regulation FD regarding Steven W. Presley?
On August 28, 2026, Altria issued a press release announcing Steven W. Presley’s election to the Board. The release is furnished as Exhibit 99.1 under Item 7.01 (Regulation FD Disclosure) and is not deemed filed for Exchange Act Section 18 purposes.
What securities of Altria Group, Inc. (MO) are listed on the New York Stock Exchange?
Listed securities include Altria’s Common Stock, $0.33 1/3 par value (symbol MO), its 2.200% Notes due 2027 (MO27), and its 3.125% Notes due 2031 (MO31), all traded on the New York Stock Exchange.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________________________________________________________________________________
FORM 8-K
________________________________________________________________________________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 27, 2026
________________________________________________________________________________________________________________
(Exact name of registrant as specified in its charter)
______________________________________________________________________________________________________________
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
Registrant’s telephone number, including area code: (804 ) 274-2200
_______________________________________________________________________________________________________________
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbols | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company | |||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 27, 2026, the Board of Directors (the “Board”) of Altria Group, Inc. (“Altria”) increased the size of the Board from 10 to 11 directors and elected Steven W. Presley to the Board, in each case, effective August 27, 2026. The Board also elected Mr. Presley to the Board’s Compensation and Talent Development, Innovation and Finance Committees, effective August 27, 2026. The Board affirmatively determined that Mr. Presley qualifies as an independent director under the New York Stock Exchange listing standards and Altria’s standards for director independence. Mr. Presley will be compensated for his service on the Board pursuant to Altria’s existing compensation program for non-employee directors, which is described under “Director Compensation” in Altria’s proxy statement for its 2026 Annual Meeting of Shareholders (filed with the Securities and Exchange Commission on April 2, 2026) and is incorporated by reference in this Item 5.02.
Item 7.01. Regulation FD Disclosure.
On August 28, 2026, in connection with Mr. Presley’s election to the Board, Altria issued a press release, a copy of which is attached as Exhibit 99.1 and is incorporated by reference in this Item 7.01.
In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information in Item 7.01 of this Current Report on Form 8-K shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.
Item 9.01. Financial Statements and Exhibits.
| (d) | Exhibits | ||||||||||
| 99.1 | Altria Group, Inc. Press Release, dated August 28, 2026 (furnished under Item 7.01) | ||||||||||
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101) | ||||||||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ALTRIA GROUP, INC. | ||||||||
| By: | /s/ MARY C. BIGELOW | |||||||
| Name: | Mary C. Bigelow | |||||||
| Title: | Vice President, Corporate Secretary and | |||||||
| Associate General Counsel | ||||||||
DATE: August 28, 2026
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Exhibit 99.1
Altria Announces Election of Steve Presley to Altria’s Board of Directors
RICHMOND, Va. (August 28, 2026) – Altria Group, Inc. (NYSE: MO) is pleased to announce that Steven W. Presley joined our Board of Directors (Board) on August 27, 2026.
Mr. Presley is Chief Executive Officer of Refresco Benelux B.V., a global independent beverage solutions provider, a position he has held since August 2025. Mr. Presley previously served as Executive Vice President and Chief Executive Officer Zone Americas, Nestlé S.A., a global food and beverage company, from October 2024 to April 2025, and as Executive Vice President and Chief Executive Officer Zone North America, Nestlé S.A., from January 2021 to October 2024. Mr. Presley served in a variety of other senior roles since joining Nestlé USA in 1997, including as Chief Executive Officer, Chief Financial Officer and Chief Transformation Officer.
Mr. Presley will serve as a member of the Board’s Compensation and Talent Development, Innovation and Finance Committees.
Altria’s Profile
We have a leading portfolio of nicotine products for U.S. nicotine consumers age 21+. We are Moving Beyond Smoking® by responsibly transitioning adult smokers to a smoke-free future, competing vigorously for existing smoke-free adult nicotine consumers and exploring new growth opportunities — beyond the U.S. and beyond nicotine (Vision). To achieve our Vision, we will pursue initiatives designed to promote the long-term welfare of our company, our stakeholders, society at large and the environment.
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 products 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.
6601 W. Broad Street, Richmond, Virginia 23230
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, Facebook and LinkedIn.
Investor Relations
Altria Client Services
(804) 484-8222
Media Relations
Altria Client Services
https://www.altria.com/contact-us/media
Source: Altria Group, Inc.
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