In 2020, Howard A. Willard III earned $13.05M in total compensation at Altria Group, including $502.84K salary, $537.90K bonus and $2.53M in stock. Most recently acquired 4,101 shares in Jun 2024. Currently holds stock worth $28.31M. Led Altria Group as CEO for 1 years.
Compensation History
Annual executive compensation data for Howard A. Willard III, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$13.05M
Salary
$502.84K
Bonus
$537.90K
Other
$9.48M
Salary
$502.84KBoard Justification
Altria Group, Inc. aims to align executive compensation with company performance, peer benchmarking, and retention strategies. The compensation structure is designed to deliver total compensation at levels between the 50th and the 75th percentiles of compensation paid to executives in the Compensation Survey Group (CSG).
Bonus
$537.90KBoard Justification
Howard A. Willard III received a pro-rated payment under the 2020 Annual Incentive Award plan, reflecting individual and company performance ratings at target. This was due to his retirement effective April 14, 2020.
Other Compensation
$9.48MBoard Justification
Includes security expenses of $4,627, cash payments of $8,775,291 in lieu of the outstanding stock awards granted in 2018 and 2019 that he forfeited upon his retirement, and a cash payment of $600,826 corresponding to accrued dividend equivalents under the PSUs.
Restricted Stock
Board Justification
The stock that vested for Howard A. Willard III in 2020 includes shares acquired on vesting, with a value realized on vesting of $2,531,668.
Performance Metrics
The performance metrics for determining the CEO's compensation in 2020 included adjusted diluted EPS growth and adjusted discretionary cash flow, along with strategic initiatives.
Howard A. Willard III
Ex-CEO of Altria Group
Education
Bachelor's degree in Business Administration from the University of Florida; MBA from the University of Florida
Field of Expertise
Business & Management
Sector of Economy
Consumer Defensive
Born
June 11, 1962 - 63 years ago
CEO of Altria Group for
1 year 10 months (May 2018 - Apr 2020)
Previous Experience
Executive Vice President and Chief Operating Officer of Altria Group, Inc.
Holdings
Track Howard A. Willard III's stock holdings and portfolio value over time.
Total Stock Sold
$1.20M
$1.20M
37,500 MO shares
What if they kept their stock?
If Howard A. Willard III didn't sell their stock, today they would have:
Extra MO37,500 shares worth $2.19M.
This is 82.48% and $988.88K more than what they got when they sold the stock.
Insider Trading
Howard A. Willard III's recent stock transactions, purchases, and sales filed with the SEC.
88,017 shares
MO
Feb 26, 2020
Received
8,311 shares
MO
Feb 11, 2020
Received
69,132 shares
MO
Feb 26, 2019
Received
48,825 shares
MO
May 17, 2018
Received
19,351 shares
MO
Jan 30, 2018
Received
18,987 shares
MO
Jan 30, 2017
Received
Rivals
Compare Howard A. Willard III with competitor CEOs and industry peers.
John P. Case
CEO of Realty Income
2023 Compensation
Stock
$7.40M
Salary
$1.00M
Bonus
$4.06M
Other
$674.91K
Total Holdings
$434.64K
Jacek Olczak
CEO of Philip Morris International
2024 Compensation
Stock
$6.85M
Salary
$1.71M
Bonus
$5.82M
Other
$26.31K
Total Holdings
$149.20M
John Stankey
CEO of AT&T
2024 Compensation
Stock
$18.15M
Salary
$2.40M
Bonus
$0.00
Other
$313.51K
Total Holdings
$3.87M
Sumit Roy
CEO of Realty Income
2023 Compensation
Stock
$5.96M
Salary
$1.00M
Bonus
$4.06M
Other
$674.91K
Total Holdings
$40.70M
Hans E. Vestberg
CEO of Verizon Communications
2024 Compensation
Stock
$0.00
Salary
$1.50M
Bonus
$0.00
Other
$797.49K
Total Holdings
$8.31M
Kevin P. Hourican
CEO of Sysco
2022 Compensation
Stock
$0.00
Salary
$1.30M
Bonus
$0.00
Other
$151.51K
Total Holdings
$32.03M