William F. Gifford, Jr.

Chief Executive Officer (CEO) at Altria Group Inc

Board

Since April 2020

Age

54 years

Also at Altria Group Inc

CNW

Charles N. Whitaker

Senior Vice President, Chief HR Officer, and Chief Compliance Officer

DJB

Daniel J. Bryant

Vice President and Treasurer

HAN

Heather A. Newman

Senior Vice President, Chief Strategy and Growth Officer

About

William F. Gifford, Jr. serves as the Chief Executive Officer (CEO) of Altria Group, Inc. He is responsible for certifying the company's financial reports in compliance with the Sarbanes-Oxley Act of 2002, a role that underscores his commitment to strong corporate governance.

While details regarding his personal background, educational accomplishments, and earlier career are not provided, his current executive position reflects a significant level of trust and responsibility within the organization.

His professional contributions are primarily evidenced through his certification of various quarterly and annual financial filings, which are essential to maintaining transparency and accuracy in the company’s reporting practices. The available documents confirm his active involvement in ensuring that the financial condition and results of operations of the company are fairly presented, a central component of his leadership at Altria Group, Inc.

$MO Performance Under William F. Gifford, Jr.

Past Roles

Organization	Role	Date Range	Details
Anheuser-Busch InBev SA/NV	Director (Former Board Position)	2016 – April 2023	Previously served on the board.
Altria Group, Inc.	Vice Chairman and Chief Financial Officer	May 2018 – April 2020	Held senior leadership role before becoming CEO.
Altria Group, Inc.	Executive Vice President and Chief Financial Officer	March 2015 – May 2018	Held senior leadership role before becoming CEO.
Altria Group, Inc.	Various Senior Leadership Roles	Since 1994	Held multiple roles since joining the company.

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Salary	$1,350,000	Annual	Fixed annual salary
Allocation to Defined Contribution Plans	$135,000	Annual	Contributions to tax-qualified and non-qualified supplemental plans
Personal Use of Company Aircraft	$83,063	As Incurred	Incremental costs including trip-related crew hotels, meals, fuel costs, etc. (excludes fixed costs)
Car Expenses	$10,008	Annual	Fixed car-related expenses

Performance Compensation

Data from FY 2023

Annual Incentive Plan

Metric	Value	Details
Target Compensation	165% of salary	Increased from 150% to 165% of salary
Grant Date	February 27, 2023	Equity awards granted on this date
RSU Grant Date Fair Value	$3,300,002	For Restricted Stock Units
PSU Grant Date Fair Value	$3,300,047	For Performance Stock Units
Performance Metrics	Adjusted Diluted EPS Growth (75%), Cash Conversion (25%)	Includes a Relative TSR modifier of ±20%
Vesting Date	February 26, 2026	Vesting occurs at the conclusion of the performance cycle

Long-Term Incentive Plan (LTIP) / Performance Stock Units (PSUs)

Component	Units	Target Performance (%)	Maximum Payout (%)	Vesting Date	Evaluation Period	Additional Details
RSUs	70,311	N/A	N/A	Feb 26, 2026	N/A	Fixed grant with fair value of $3,300,002
PSUs	67,013	100%	Up to 156%	Feb 26, 2026	January 1, 2023 to December 31, 2025	Performance governed by Adjusted EPS Growth (75%), Cash Conversion (25%) and a Relative TSR modifier of ±20%. Dividend equivalents accrue during the performance period.

Summary of Performance Metrics and Conditions

Aspect	Detail
Required Performance Metrics	Adjusted Diluted EPS Growth (75%) and Cash Conversion (25%) with ±20% Relative TSR modifier
Performance Thresholds	Target performance level is 100%, with a potential range from 0% to 156% of target
Evaluation Period	2023–2025 (three-year cycle)
Award Target (LTIP)	260% of salary, equating to $3,510,000 before performance adjustments
Vesting Schedule	Both RSUs and PSUs vest on February 26, 2026
Additional Conditions	Dividend equivalents are provided for both RSUs (paid quarterly) and PSUs (accrued over the performance period)

This breakdown covers the core components of the performance compensation for 2023 based on available data.