ADVFN - Advanced Financial Network.
HOME» NYSE » A » MO Stock Price » MO Stock News

Altria Share News

 Altria Grp. Stock Price
MO Stock Price
 Altria Grp. Stock Chart
MO Stock Chart
 Altria Grp. Stock News
MO Stock News
 Altria Grp. Company Information
MO Company Information
 Altria Grp. Stock Trades
MO Stock Trades

Reynolds American CEO Delen's 2011 Pay Grew 38%

By John Kell Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Total pay for Reynolds American Inc.'s (RAI) Chief Executive and President Daniel Delen jumped 38% to $8.5 million in 2011 from the previous year, according to a filing with the Securities and Exchange Commission. The nation's second-largest tobacco company behind Altria Group Inc. (MO) disclosed Delen's base salary and stock awards grew, though nonequity incentive plan compensation dropped. Delen became president and CEO-elect of Reynolds American at the beginning of 2011, after the company announced Susan Ivey's retirement, and permanently assumed the roles in March last year. Prior to joining Reynolds American in early 2007, Delen was an executive at British American Tobacco PLC (BATS.LN). Ivey's total compensation was $23.8 million for her final full year of employment in 2010 and dropped 84% to $3.8 million the following year, when she was employed by Reynolds American for two months. The figures were part of a preliminary proxy statement Reynolds American filed with the SEC late Thursday. Reynolds American has shifted its focus toward a few key brands as cigarette volumes decline industrywide. The company has also diversified into smokeless tobacco and is seeking broader appeal with Camel dissolvables. Last month, Reynolds American reported its fourth-quarter profit rose 16% as higher prices and improvements to productivity helped lift operating margins. Shares fell 2 cents to $42.05 after hours. -By John Kell, Dow Jones Newswires; 212-416-2480;

Stock News for Altria (MO)
11/24/201515:49:22Statement of Changes in Beneficial Ownership (4)
11/23/201517:45:025 Things Every Philip Morris Investor Should Know
11/23/201517:05:03Why Is Philip Morris International Inc. Suing These Countries?
11/22/201514:00:19How blu Electronic Cigarettes' Explosive Growth Went Up in Smoke
11/22/201510:10:02Alcoa's Pending Split: What Can We Learn From Other CEO-Led Spinoffs
11/21/201508:50:03Did the CDC Just Save the Electronic Cigarette Industry?
11/18/201516:40:48Statement of Changes in Beneficial Ownership (4)
11/18/201514:18:03Better Dividend Stock: Altria Group or Reynolds American?
11/17/201515:49:39Statement of Changes in Beneficial Ownership (4)
11/12/201509:00:59Current Report Filing (8-k)
11/11/201506:30:00Altria Group Supports Anheuser-Busch InBev’s Proposed Business C...
11/11/201504:10:00AB InBev, SABMiller Formalize $105 Billion Deal
11/04/201516:10:00Illinois Supreme Court Vacates $10.1 Billion Judgment Against...
11/04/201516:05:00Illinois Supreme Court Vacates $10.1 Billion Judgment Against...
11/04/201513:44:00Illinois Supreme Court Vacates Lower Court Ruling Attempting...
11/03/201519:00:075 Things Reynolds American Executives Need You to Know
11/03/201514:00:035 Key Things Altria Management Needs You to Know
11/02/201518:00:03Better Buy Now: Altria Group Inc or Reynolds American Inc?
11/02/201501:52:07Altria: Solid Quarter And New Buyback
11/01/201501:56:05Will Low Oil Prices Keep Driving Up Altria's Revenue?

Altria and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations