Altria Group, Inc. is an American multinational corporation based in Henrico County, Virginia, United States of America; it is the parent company of Philip Morris USA, John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., Philip Morris Capital Corporation, and Chateau Ste. Michelle Wine Estates. It is one of the world’s largest tobacco corporations. Philip Morris International was spun off in 2008. In addition, Altria Group, Inc. has a 28.7% economic and voting interest in one of the world’s largest brewing companies, UK based SABMiller plc, where it has 3 seats on the 11-person board of directors. It is a component of the S&P 500 and was a component of the Dow Jones Industrial Average until February 19, 2008. The company has its headquarters in an unincorporated area within Henrico County, less than five miles west of the city limits of Richmond and less than ten miles from its downtown Richmond buildings.
On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc. On March 30, 2007, a spin out of Kraft Foods subsidiary (publicly traded since 2001) was concluded through distribution of the remaining stake of shares (88.1%) to Altria shareholders. As a result, Altria no longer holds any interest in Kraft Foods. On March 28, 2008, a similar spin out of Philip Morris International was completed with 100% of shares being distributed to Altria shareholders.
On January 6, 2009, Altria Group, Inc. completed the acquisition of UST Inc., a smokeless tobacco manufacturer; UST owned Ste Michelle Wine Estates, a wine company.
Altria Group Serves Nonprofit Organizations. Martin J. Barrington Altria Group, Inc. Chairman & CEO Welcome to our 2013 Corporate Responsibility Progress Report. Altria and its companies take a business-driven, longterm approach to corporate responsibility. This approach is guided by our Mission & Values and is embedded in our company’s business processes. This report illustrates our continued progress toward reaching our Mission Goals. We made significant progress in 2013 on issues important to our employees, shareholders and other stakeholders. For example: • Nu Mark, our new operating company focused on responsibly developing and marketing innovative tobacco products for adult consumers, adopted Altria’s Standards for Underage Tobacco Prevention and implemented an underage tobacco prevention plan. • Philip Morris USA and U.S. Smokeless Tobacco Company began replacing coal boilers with natural gas, anticipated to reduce greenhouse gas emissions. • We continued to invest in our people. In 2013, we conducted an Employee Engagement Survey. The results confirmed that employee engagement is high, and showed us that we can improve in innovation, diversity & inclusion and business simplification. We’re focused on those areas in 2014. We were included in the Dow Jones Sustainability North America Index for the second year in a row. Altria was recognized by the National Conference on Citizenship, Points of Light and Bloomberg News as one of America’s most community-minded companies in The Civic 50. These and other recognitions show us we’re moving in the right direction, while challenging us to keep pushing. Thank you for taking the time to review our report. We value your perspective, so if you have any questions or suggestions, please visit our website and tell us what you think.
