Altria

Altria Group, Inc. NYSE: MO (previously named Philip Morris Companies Inc.) is one of the world's largest food, beverage, and tobacco corporations and a component of the Dow Jones Industrial Average.

Altria's tobacco subsidiary Philip Morris is the world's largest commercial tobacco company by sales (the China National Tobacco Co. and Japan Tobacco sell larger volumes). Their flagship Marlboro brand is the world's most popular tobacco brand. Other popular tobacco brands owned by Phillip Morris are Parliament, Virginia Slims, West (in Germany), and Benson and Hedges (in some markets only).

Philip Morris was begun by a London tobacconist of the same name. He was one of the first people to sell hand-rolled cigarettes in the 1860s, selling them under the brand names Oxford and Cambridge Blues, following the adoption of cigarette smoking by British soldiers returning from the Crimean War. The company opened its New York office in 1902 and soon became part of James Duke's American Tobacco monopoly.

Though Altria's headquarters are still in New York, in 2004 its Philip Morris USA division completed a move of its 682 New York based employees to Richmond, Virginia in order to consolidate operations at its Richmond office and achieve cost savings for shareholders.1

Philip Morris bought Kraft Foods on October 30, 1988 for US$13.1 billion, in a bid to diversify from the declining tobacco business and to reduce litigation risk. It also purchased the Nabisco division of the former RJR Nabisco in 2000.

On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group Inc. to better reflect its wide portfolio of assets and as an attempt to shed its image as merely a tobacco company.

In November 2004, it was annouced that Altria was considering splitting itself into three separate companies, because the United States tobacco liability problem was lowering the valuation of all areas of its business, including international tobacco sales.

Contents
1 Holdings
2 Products
2.1 Tobacco
2.2 Food & Beverage
3 Executive staff
4 See also
5 References

Holdings
Altria owns 100 percent of Philip Morris USA, Philip Morris International, and Philip Morris Capital Corporation. It also owns 84 percent of Kraft Foods Inc. and 36 percent of SABMiller plc.

Products

A more complete list is at Altria assets

Tobacco
Alpine
Basic
Benson & Hedges
Bristol
Bucks
Cambridge
Chesterfield (named for Chesterfield County, Virginia)
Classic
Collector's Choice
Commander
English Ovals
F6
Lark
L&M
Marlboro
Merit
Next
Parliament
Players
Saratoga
Virginia Slims
West

Food & Beverage
Daim
Jacobs coffee
Kaffee HAG
Kool-Aid
Kraft Foods
Boca Burger
Lenders Bagels
Maxwell House
Milka
Miller Brewing
Miracle Whip
Miracoli
Onko
Oscar Mayer meats
Post Cereals
Philadelphia cream cheese
Shake n Bake
Splenda
Suchard
Vegemite

Executive staff
Chairman and CEO: Louis C. Camilleri
SVP and CFO: Dinyar S. Devitre
SVP, Corporate Affairs: Steven C. Parrish
CEO, Philip Morris USA: Michael Szymanczyk

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On January altria 27, 2003, Philip Morris Companies Inc. diversity
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In November
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altria group

Holdings
Altria -
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International, board altria and Philip Morris Capital to Corporation. kraft
It and also altria owns 84 groups percent of Kraft lawsuits Foods Inc. and 36 percent of SABMiller plc.

Products

A more complete list is at Altria assets

Tobacco
group Alpine
morris Basic
Benson & Hedges
altria Bristol
Bucks
Cambridge
Chesterfield ( named for Chesterfield
County, Virginia)
ratio Classic

Collector's Choice
Commander
English
Ovals

F6

a board Lark
L&M
Marlboro
Merit
Next
Parliament
Players
Saratoga
conferencing
Virginia Slims
West

Food & Beverage

Daim
Jacobs market coffee
Kaffee HAG
Kool-Aid
style Kraft Foods
Boca Burger
altria Lenders Bagels
Maxwell House
of Milka
altria Miller Brewing
Miracle Whip
Miracoli
Onko
Oscar white Mayer value govt.regulations meats
is Post Cereals
Philadelphia cream cheese
Shake n Bake
Splenda
Suchard
altria Vegemite

Executive staff
program altria Chairman and CEO: Louis C. Camilleri
altria SVP and CFO: Dinyar S. Devitre
SVP, Corporate Affairs: Steven C. Parrish
CEO, Philip environmental Morris USA: of group Michael Szymanczyk
benefits name

Information provided by Wikipedia.