Altria CEO Howard Willard contracts coronavirus, takes temporary leave
Altria is the parent company of Philip Morris USA and owns a 35% stake in Juul
(Reuters) - Marlboro cigarette maker Altria Group Inc Chief Executive Officer Howard Willard has contracted coronavirus and is taking temporary medical leave, a regulatory filing showed on Friday.
CORONAVIRUS TERMS YOU NEED TO KNOW
Willard, 56, is the latest high-profile person to get the virus in a global pandemic that has infected more than 245,000 people and killed over 10,000 globally.
Chief Financial Officer William Gifford Jr will take over for Willard during his absence, the company said in a memo to employees.
IN CORONAVIRUS PANDEMIC, CASH IS NO LONGER KING
Altria said on Thursday it would temporarily suspend operations at a manufacturing facility in Richmond, Virginia, after a second employee tested positive for the virus.
|MO||ALTRIA GROUP INC.||44.61||+0.10||+0.24%|
The outbreak has upended the lives of millions and has led to many companies around the world to effectively grind to a standstill.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
People over the age of sixty-five are most vulnerable to becoming severely ill because of the virus, according to the U.S. Centers for Disease Control and Prevention.
CLICK HERE TO READ MORE ON FOX BUSINESS
(Reporting by Uday Sampath in Bengaluru; Editing by Bernard Orr)