Altria



HRC Corporate Equality Index Score:
 

About Us

Altria Group owns three premier tobacco operating companies in the United States which have leading positions in the major tobacco categories of cigarettes, smokeless tobacco and large machine-made cigars. Altria also has a substantial position in the alcohol business with Ste. Michelle Wine Estates and an economic interest in SABMiller plc.

Altria’s tobacco operating companies increase their profitability primarily with investments behind four strong premium brands: Marlboro, Copenhagen, Skoal and Black & Mild. These brands all have sizeable share of their respective categories, strong adult demographics and high brand loyalty. They also have opportunities to continue growing their share and income by offering adult tobacco consumers new and innovative products.

Ste. Michelle is one of the fastest-growing top 10 premium wine producers in the United States, with a strong portfolio of well-regarded wines. Ste. Michelle is focused on its “String of Pearls” growth strategy, where the company develops or acquires unique wine assets or distribution rights with legacies of leadership and growth in key wine segments. Ste. Michelle has performed very well over the past few years, growing its operating companies income and return on assets, and plans to remain focused on these objectives, while bringing some diversity to Altria’s operating company portfolio.

Strategies for Long-Term Growth

Altria is focused on four strategies to achieve its long-term growth target.

First, grow income by investing in the four strong brands of its tobacco operating companies, while continuing to optimize cost structures.

Second, remain focused on returning a large amount of cash to shareholders with an aggressive dividend policy.

Third, preserve a strong balance sheet.

Fourth, reduce the cost of debt.

Recognition

1The list is based on a survey of executives, directors and analysts from 667 companies in 33 countries.

Culture

Our success as a family of companies starts with attracting diverse and talented employees with different abilities, backgrounds and lifestyles.

It continues with a commitment to developing our people throughout their careers with challenging assignments and growth and development opportunities.


When we invest in our people, they invest in our companies with dedicated service, creative thinking and long-term loyalty.


Altria companies have repeatedly received accolades for our people commitment including being named to:


Rewarding the Whole Person

Compensation and Benefits: Altria and its companies offer their employees compensation and benefits packages that are among the strongest in the Fortune 500.
These benefits may include:

  • education reimbursement
  • scholarships for employees' children
  • vacation buy
  • matching gifts


Our focus on retention is one measure of our commitment to highly-competitive compensation, benefits and leadership programs. Employees across the Altria family of companies average 13.6 years of service as of the end of 2009.

Employee Community Involvement: This involvement leverages employees’ skills, knowledge, and expertise, and provides opportunities for personal and professional development. Read more about the Altria family of companies portfolio of employee involvement activities called Contributing Together.

Supporting Military Service: We support our employees who serve in any branch of the United States armed forces. Military leave is granted to protect salaried and hourly employees’ company service. Several of Altria’s companies offer supplemental pay differential and benefits continuation during active duty military service for up to six years, far exceeding what other companies offer.

Wellness Programs: Altria’s companies provide access to high-quality health and welfare benefits, including medical, dental, vision and prescription coverage for all employees and eligible dependents including their spouse or domestic partner, child or dependent adult child. Our wellness services range from free annual preventive check-ups, to state-of-the-art fitness centers in some work locations to assistance with resolving medical problems and questions through Health Advocate, a service to help employees navigate the health care system.

PRODUCTION WORKFORCE

Altria's operating companies provide good-paying manufacturing/production jobs for employees across the country. Today, Altria's companies employ nearly 3,500 hourly workers in eight states. The vast majority of these employees and about one-fourth of the total workforce at Altria's companies are union-represented.

 

Diversity

The employees of Altria and its companies bring a diverse set of characteristics and experiences to their work. Our companies provide an inclusive work environment where different perspectives are encouraged and valued.

We believe this focus on diversity and inclusion fosters greater employee productivity and creativity while giving Altria’s diverse businesses a competitive edge.


A Long History of Supporting Diversity & Inclusion

Altria and its companies have a long history of supporting organizations that share our commitment to diversity and inclusion. Recent recognition and examples of our support include:

  • Altria’s Chairman & CEO Mike Szymanczyk was awarded Chicago United's 2009 National Bridge Award for his commitment to corporate diversity.
  • The Virginia Minority Supplier Development Council presented its top corporate award in 2009 to Altria for our commitment to developing diverse suppliers and business excellence.
  • Altria has partnered with the University of Richmond’s Robins School of Business, the Virginia Minority Supplier Development Council and several Richmond-based corporations to develop a leadership development program for CEOs of certified minority-owned businesses.
  • Altria also was a founding member of the Hispanic Association on Corporate Responsibility’s Young Hispanic Corporate Achievers Program that nationally recognizes young Hispanics who have demonstrated leadership qualities within their respective organizations.

Supporting Scholarships and Workforce Development

Altria supports the educational development of future leaders. We have established strong partnerships and provide scholarship support to the Hispanic Scholarship Fund, the Thurgood Marshall College Fund and the Virginia Foundation for Independent Colleges.

Our Diverse Workforce

Our people come from different lifestyles and backgrounds and work in all 50 states in the United States and in Puerto Rico. As of the end of 2009, women made up approximately 36 percent and minorities approximately 29 percent of the workforce of Altria Group and its companies.

 

CEO Message

"My vision is that leadership becomes a defining factor that sets us apart from other organizations."

Mike Szymanczyk, Chairman & CEO, Altria Group

Altria Group and its companies invest in our people. We promote continuing education through leadership development programs. We identify leaders and offer opportunities to experience a variety of roles across different functions and companies to help them grow. Many of our leaders and employees, in fact, have built their entire careers at our companies.

Challenging Work & Continuous Learning Opportunities

Challenging work assignments, continuous learning opportunities and intense leadership training programs define a career with the Altria family of companies − be it in a middle management job or in a summer internship. Leaders within our companies facilitate programs designed to help build the skills of new managers and hone those of senior leaders. Here are examples of our development programs:

  • Discovery Days – a two-day orientation program where new employees learn about Altria’s Mission and Values and are grounded in our businesses
  • Leadership Journey for New Managers – a week-long classroom and experiential program, taught by senior leaders, focused on building new managers’ leadership and management skills
  • Executive Leadership Forum – a week-long program for new executives, taught by senior executives, to build leadership skills and reinforce Altria's Mission
  • Compliance & Integrity Training – a variety of online and classroom-based courses focused on enhancing employees’ understanding of their company’s policies and compliance obligations