Monday, June 15, 2015

Martin Barrington: Altria Group Chairman & CEO

Martin “Marty” Barrington was born in 1953. He holds an undergraduate degree in history and political science and received his law degree from Albany Law School. 
Marty began his legal career with the US government. He then spent 11 years in private firm practices. Marty joined Philip Morris USA in 1993. He became Senior Vice President, General Counsel and Corporate Secretary in 1998. 
Marty was Senior Vice President and General Counsel of Philip Morris International (a separate public company spun-off from Altria Group in 2008). His other positions include serving as Executive Vice President and Chief Compliance and Administrative Officer of Altria Group. He served as President and Chief Operating Officer of Altria Group until May 17, 2012. 
In May 17, 2012, Marty became the Chief Executive Office and Chairman of the Board of Altria Group. Since March 1, 2015, he has also been its President. 
Many may not know be familiar with the Altria Group but must have heard about the many popular brands it carries. The Richmond, Virginia-based company has a history over 180 years old. Its companies has established some of the most popular brands in the world  such as Marlboro, Copenhagen, Skoal and Black & White. These brands lead their respective categories. 
Philip Morris USA today has around fifty percent share of the US cigarette market comprising of among others Marlboro, L&M, Parliament and Virginia Slims. US Smokeless Tobacco Company is the leading producer of moist smokeless tobacco in the world. Copenhagen and Skoal are the two leading US premium smokeless tobacco brands. 
John Middleton’s Black & Mild brands is one of the leading large machine-made cigars in the US. Nu Mark, and Altria Innovation Company, develops and markets innovative tobacco products for adult tobacco consumers. It sells MarkTen® and Green Smoke® e-vapor products. Ste. Michelle Wine Estates board wind portfolio has consistently received acclaim and high ratings from wine connoisseurs worldwide.
The Group which Marty heads also has a 27 percent economic interest in SABMiller plc. 

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