Dr. Elizabeth E. Bailey, is to retire from the board of directors of the Altria Group following completion of her current term. She will not stand for re-election at the 2013 annual general meeting of shareholders.
Bailey, who has been a board member since 1989, currently serves as a member of the Compensation, Finance and Nominating, Corporate Governance and Social Responsibility committees.
She is the John C. Hower Professor Emerita of Business and Public Policy at the WhartonSchool of the University of Pennsylvania.
“Dr. Bailey’s contributions have made Altria a stronger company and we thank her for her service to our shareholders and our employees,” said Martin J. Barrington, Altria Group’s chairman and CEO.
Category: Breaking News