Cigarette maker Altria Group Inc. (MO: Quote), Wednesday named Howard Willard Chief Financial Officer, with David Beran and Martin Barrington as vice chairmen effective January 1, 2010 under a restructuring effort that includes creation of four new divisions. Michael Szymanczyk will continue as chairman and chief executive officer.<br /><br />Howard Willard will become executive vice president and chief financial officer of Altria, reporting directly to Szymanczyk.<br /><br />In his new role, Willard will continue to lead the company's strategic planning and will be responsible for the financial services business of Philip Morris Capital Corp. Willard currently serves as executive vice president, Strategy and Business Development for Altria.<br /><br />Beran currently serves as executive vice president and chief financial officer. In this new role, Beran will be in charge of meeting business and financial goals, and head the tobacco and wine businesses of the company that owns renowned tobacco brands such as Marlboro and Phillip Morris.<br /><br />Beran has previously held executive positions in the company in areas such as finance, planning, market research and operations.<br /><br />Altria based in Richmond, Virginia has embarked on a new executive structure starting with the new year. The company has segregated its operations into four business areas, each led by an executive officer, who will be reporting to CEO Szymanczyk.<br /><br />As part of the restructuring, Altria named Martin Barrington vice chairman of the company, who will be responsible for Innovation, Public Affairs, Human Resources and Compliance.Barrington will oversee regulatory, compliance and product responsibilities. Barrington will also coordinate with the U.S. Food and Drug Administration and other external stakeholders, and assume oversight of product research, development and engineering.<br /><br />Barrington currently serves as executive vice president and chief compliance and administrative cfficer at the company.