Independent
Tenure on this board
4.2 yrs
Meeting calendar
MO · Annual meeting · Thursday, May 14, 2026
Altria Group Inc
10 nominees · 3 ballot items.
Election of 10 directors; Ratification of PricewaterhouseCoopers as independent auditor; Non-binding advisory vote on executive compensation (Say-on-Pay).
Market cap
$123.9B
1Y TSR
+29.7%
Board grade
B
Record date
Mar 25, 2026
Filing
DEF 14A
Meeting concluded · May 14, 2026
Follow how the vote landed and what changed on Altria Group Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect ten nominees to the Board of Directors to hold office until the next annual meeting; directors elected annually by majority of votes cast.
- 2
Ratification of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify PricewaterhouseCoopers LLP as Altria’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
- 3
Non-Binding Advisory Vote to Approve the Compensation of Altria’s Named Executive Officers (Say-on-Pay
ManagementBoard: FORA non-binding advisory vote to approve Altria’s named executive officer compensation as disclosed in the proxy statement.
More detail
This proposal requests an advisory shareholder vote to approve the compensation paid to the company’s named executive officers as disclosed in the proxy statement (Say-on-Pay). Management recommends a vote FOR, arguing that the compensation program aligns executive incentives with shareholder interests through a mix of at-risk pay, performance metrics (adjusted diluted EPS growth, adjusted discretionary cash flow, total adjusted OCI, and strategic initiatives), equity-based long-term incentives (RSUs and PSUs), and robust governance features (clawbacks, stock ownership requirements, no hedging/pledging). The advisory vote is non-binding but will be considered by the Compensation and Talent Development Committee when making future compensation decisions. The company states that its say-on-pay received over 95% support at the 2025 meeting, and management emphasizes pay-for-performance alignment, benchmarking to peer companies, and multiple performance measures to mitigate excessive risk. No shareholder proposal on executive pay is in the proxy; this is a management proposal.
Director elections
Nominees on the ballot10
Independent
Tenure on this board
4.7 yrs
Also a director at
Pra Group Inc (PRAA)
Independent
Tenure on this board
4.7 yrs
Independent
Tenure on this board
13.4 yrs
Independent
Tenure on this board
0.5 yrs
Independent
Tenure on this board
14.4 yrs
Independent
Tenure on this board
9.2 yrs
Also a director at
Epr Properties (EPR)
Independent
Tenure on this board
1.4 yrs
Also a director at
Hasbro Inc (HAS)
Independent
Tenure on this board
5.7 yrs
Also a director at
Hyperion Defi Inc (HYPD)
Independent
Tenure on this board
4.2 yrs
Also a director at
Wafd Inc (WAFD)Solaris Energy Infrastructure Inc (SEI)
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 6.5% | 108,836,042 | $7.2B |
| 2 | STATE STREET CORP | 4.3% | 71,792,319 | $4.8B |
| 3 | BlackRock, Inc. | 3.3% | 55,314,615 | $3.7B |
| 4 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 3.3% | 54,279,411 | $3.6B |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 2.5% | 41,623,008 | $2.7B |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.1% | 35,208,188 | $2.3B |
| 7 | BlackRock, Inc. | 2.1% | 34,420,589 | $2.3B |
| 8 | Capital Research Global Investors | 1.5% | 25,679,912 | $1.7B |
| 9 | GQG Partners LLC | 1.4% | 23,836,839 | $1.6B |
| 10 | AMERIPRISE FINANCIAL INC | 1.1% | 18,903,065 | $1.2B |
Peers
Nearest market capOther Consumer Defensive sector meetings6
Upcoming shareholder meetings at Altria Group Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Constellation Brands IncSTZ
Annual meeting·Jul 22, 2026·$22.7B
J M Smucker CoSJM
Annual meeting·Aug 12, 2026·$11.9B
Brown Forman CorpBF.B
Annual meeting·Jul 23, 2026·$11.7B
Albertsons Companies IncACI
Annual meeting·Aug 6, 2026·$7.5B
Elf Beauty IncELF
Annual meeting·Aug 20, 2026·$4.4B
Spectrum Brands Holdings IncSPB
Annual meeting·Aug 5, 2026·$2.1B
Reference
Frequently asked questions
- When is the Altria Group Inc 2026 annual meeting?
- Altria Group Inc (MO) holds its 2026 annual shareholder meeting on Thursday, May 14, 2026.
- What is the record date for the Altria Group Inc 2026 meeting?
- The record date for the Altria Group Inc 2026 meeting is Wednesday, March 25, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Altria Group Inc's 2026 meeting?
- The board is presenting 10 director nominees at the Altria Group Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Altria Group Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Altria Group Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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