As the parent company, the mission of Altria Group is to oversee its companies to enhance shareholder value. This is done by focusing on growth, people and a commitment to responsibility. The name Altria is derived from the Latin word altus meaning “reaching ever higher”. So, Altria Group aims for peak performance and constant improvement. Altria works to achieve its overriding goal to deliver superior returns to its shareholders over the long term.
The businesses of Altria are tobacco, food and beverage, investments, breweries. The products of the different Altria companies are:
- Kraft Foods North America and Kraft Foods International—
- Beverages
- Cheese
- Convenient Meals
- Grocery
- Snacks
- Philip Morris USA—
- Cigarettes (19 brands)
- Philip Morris International—
- Cigarettes (25 brands)
- Philip Morris Capital Corporation—
- Investments
- SABMiller—
- Breweries
Key Statistics
- Altria Group holds assets of $107,949 millions.
- Altria has made profits of $10,435 millions in 2006.
- Altria operates in approximately 150 countries.
- The companies of Altria Group employ 199,000 employees around the world.
Organization
The Corporate Structure of Altria Group includes:
- Board of Directors
- Board Committees—
- Audit Committee
- Compensation Committee
- Executive Committee
- Finance Committee
- Nominating and Corporate Governance Committee
- Public Affairs and Social Responsibility Committee
International Ranking
- Altria Group ranks 62 in the world in Fortune Global 500 list.
- Altria Group, Inc. is ranked 27 on the 2006 Forbes Global 2000 list.
Subsidiary Units
The Altria family of companies comprises of:
- Philip Morris USA Inc.(100% ownership)
- Philip Morris International Inc.(100% ownership)
- Kraft Foods Inc.( approximately 88.6% ownership)
- Philip Morris Capital Corporation(100% ownership)
- SABMiller(28.7% economic and voting interest)
Headquarter Address:
Corporate HeadquartersAltria Group, Inc.
120 Park Avenue
New York, NY 10017
917-663-4000
Website URL: www.altria.com