Summary
Altria Group, Inc. (MO) filed an 8-K on October 13, 2020, to report a change in its Board of Directors. John T. Casteen III, a director since 2010, has decided to retire from the board and will not seek re-election at the 2021 Annual Meeting of Shareholders, expected on May 20, 2021. This decision was formally announced through a press release on October 13, 2020. This filing is primarily informational, detailing the departure of a long-standing director. While not indicative of significant operational or financial changes, investors may note this as a normal board succession event. The company has provided a press release as an exhibit to this filing, which offers further context on Mr. Casteen's retirement.
Key Highlights
- 1Director John T. Casteen III will retire from the Board of Directors.
- 2Mr. Casteen will not stand for re-election at the 2021 Annual Meeting of Shareholders.
- 3The anticipated date for the 2021 Annual Meeting is May 20, 2021.
- 4Mr. Casteen has served as a director since 2010.
- 5The company issued a press release on October 13, 2020, to announce this departure.
- 6The press release is filed as Exhibit 99.1 to this 8-K.