Philip Morris International Inc. (PM)

About Philip Morris International Inc. (PM)

Company Description:


Philip Morris International Inc. (PMI) is a leading tobacco company engaged in the manufacture and sale of cigarettes, smoke-free products, associated electronic devices and accessories, and other nicotine-containing products in markets outside the United States. PMI is pioneering a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company, and its shareholders.

The company was founded in 1847 by Philip Morris and has its current headquarters in Stamford, Connecticut, United States.


Main Product(s):


Philip Morris International is known for a range of tobacco products including Marlboro, one of the world's best-selling cigarette brands, and IQOS, a smoke-free electronic device designed as an alternative to smoking.


Short History of Philip Morris International Inc:


  • 1847 – Philip Morris opened his first tobacco store in London, UK.
  • 1924 – Introduction of the Marlboro brand.
  • 1954 – Philip Morris begins to manufacture cigarettes in Richmond, Virginia.
  • 2008 – PMI spun off from Altria Group, Inc., becoming an independent company focused on tobacco products outside of the United States.
  • 2014 – The company announced its vision to create a smoke-free future.
  • 2016 – PMI launched IQOS, a heat-not-burn tobacco product, in major markets.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Andre CalantzopoulosExecutive Chairman of the BoardN/AN/A1958
Mr. Jacek OlczakCEO & Director6.02MN/A1965
Mr. Emmanuel BabeauChief Financial Officer3.54MN/A1967
Mr. Frederic de WildePresident of South & Southeast Asia, Commonwealth of Ind. States and Middle East & Africa Region2.28MN/A1967
Mr. Stefano VolpettiPresident of Smoke-Free Inhalable Products & Chief Consumer Officer2.31MN/A1972
Scott CouttsSenior Vice President of OperationsN/AN/AN/A
Mr. Frank De RooijVice President of Treasury & Corporate FinanceN/AN/A1966
Prof. Manuel C. PeitschChief Science OfficerN/AN/AN/A
Mr. Michael VoegeleChief Digital & Information OfficerN/AN/A1973
Mr. James R. BushnellVice President of Investor Relations & Financial CommunicationsN/AN/AN/A

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