PRESIDENT AND CEO, PHILIP MORRIS USA, HENRICO COUNTY
PRESIDENT AND CEO, PHILIP MORRIS USA, HENRICO COUNTY
Virginia Business// August 30, 2023//
Head of the tobacco products manufacturer since 2019, Moore has worked under parent company Altria Group since 2003, serving as vice president of its heated tobacco products division and director of marketing for NuMark, Altria’s early e-vapor subsidiary started in 2013. Today, he leads the nation’s leading cigarette producer, established in 1847 in London.
Today cigarette sales continue to decline worldwide, and parent company Altria has expanded into heated tobacco and vaping products with mixed success, although it extracted itself this year from a financially costly partnership with Juul Labs. In fiscal year 2022, Altria’s net revenues decreased by 3.5% from 2021 to $25.1 billion, including a 1.7% decline in smokeable products to $22.4 billion.
A graduate of Fort Lewis College in Colorado, Moore continues to be involved at his alma mater and serves on boards for Communities in Schools of Richmond and Virginia State University. An avid runner, Moore has participated in the Boston Marathon.