During Martin J. Barrington's tenure as CEO, he held a considerable amount of Altria stock, with a strong focus on performance metrics that would influence his financial outcomes. One of the biggest highlights was his special grant of 150,000 restricted...
During Martin J. Barrington's tenure as CEO, he held a considerable amount of Altria stock, with a strong focus on performance metrics that would influence his financial outcomes. One of the biggest highlights was his special grant of 150,000 restricted shares, tied to his appointment as CEO, which underscored his stake in the company's future. By 2016, as the stock market performance of Altria fluctuated, it was reported that his holdings in restricted stock units (RSUs) played a major part in his overall wealth, which was at its peak when he managed to earn nearly $30 million that year alone, thanks to stock vestings based on the company's successful financial performance. Upon his retirement in 2018, Barrington had overseen a significant portfolio that was aligned with Altria’s strategic initiatives, illustrating how a CEO's personal equity can reflect a company's longevity and shifts in focus toward diversified products.