News Articles

PMI’s ESG Performance Recognized by the S&P Dow Jones Indices LAUSANNE, Switzerland -Thursday 19 November 2020

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) has been included for the first time in the Dow Jones Sustainability Index (DJSI) North America, recognizing its exemplary sustainability performance. Moreover, for the third year in a row, PMI leads the industry in DJSI’s...

PMI Announces Medicago to Supply Up to 76 Million Doses of Its Plant-Derived COVID-19 Vaccine Candidate -Saturday 24 October 2020

(BUSINESS WIRE)-- Since 2008, Philip Morris Investments B.V. (PMIBV), a subsidiary of Philip Morris International (PMI) (NYSE: PM), has been a shareholder of Medicago (in which it currently holds an approximately one-third equity stake) and has supported Medicago’s innovative plant-derived...

Philip Morris International Names New Chief Sustainability Officer, Integrating Sustainability and Finance, in Service... -Friday 9 October 2020

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE:PM) is pleased to announce the appointment of Jennifer Motles to the position of Chief Sustainability Officer, effective November 1, 2020. Ms. Motles will succeed current CSO Huub Savelkouls, who will retire after almost three...

PMI to Address Equality & Transformation During Upcoming International Events -Tuesday 29 September 2020

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) today announced its participation in several global forums focused on equality in the workplace. Members of PMI’s Senior Management Team—including Chief Diversity Officer Silke Muenster—will detail the steps PMI is taking...

U.S. MRTP Authorization Pathway Explored in PMI’s Latest Scientific Update -Monday 28 September 2020

(BUSINESS WIRE) -- Philip Morris International (PMI) (NYSE: PM) has released the 11th edition of its Scientific Update, a regularly issued publication on its research efforts to develop and scientifically assess a range of smoke-free alternatives to cigarettes. The latest edition features an...

Science, Data, and Facts Should Unite Decision-Making, Says PMI CEO in Speech at Concordia Summit -Friday 25 September 2020

(BUSINESS WIRE)-- André Calantzopoulos, CEO of Philip Morris International (PMI) (NYSE: PM), today delivered high-level remarks at the 2020 Concordia Annual Summit. Calantzopoulos discussed the impact that uncertainty, polarization, hyperpartisanship, and ideology are having on international...

PMI Announces Keynote Speeches at International Forums During UN General Assembly -Monday 21 September 2020

(BUSINESS WIRE)-- MEDIA ADVISORY: Philip Morris International Inc. (PMI) (NYSE: PM) today announced its participation in a series of events over the course of the United Nations General Assembly. Senior executives, including PMI’s CEO André Calantzopoulos and COO Jacek Olczak, will...

Public Wants Greater Focus on Science-Based Decision-Making Says New International Survey from Philip Morris... -Monday 14 September 2020  

(BUSINESS WIRE) -- Philip Morris International Inc. (PMI) (NYSE: PM) today released “In Support of the Primacy of Science,” a white paper exploring international attitudes regarding the role of science in society, business, and policymaking. The white paper—presenting findings from an...

Philip Morris International Names New SVP, External Affairs, to Accelerate Its Journey to a Smoke-Free Future -Monday 24 August 2020

(BUSINESS WIRE) -- Philip Morris International Inc. (PMI) (NYSE: PM) is pleased to announce the appointment of Gregoire Verdeaux to the position of Senior Vice President External Affairs effective September 1, 2020. In his new role, Mr. Verdeaux will report to the company’s CEO, André...

Philip Morris International Inc. Begins Commercialization of KT&G Products Outside of South Korea to Accelerate the... -Monday 17 August 2020

(BUSINESS WIRE) -- Philip Morris International Inc. (PMI) (NYSE: PM) today announced it will begin commercialization of KT&G’s smoke-free alternatives outside of South Korea. The announcement follows an agreement signed in January 2020 by PMI and KT&G, the leading South Korean tobacco and...

The Importance of Science-Based Decision-Making Highlighted in Latest Issue of Philip Morris International’s... -Thursday 23 July 2020

(BUSINESS WIRE) -- Philip Morris International Inc. (PMI) (NYSE: PM) has published the 10th issue of its Scientific Update, a regularly issued report on the company’s efforts to develop and scientifically assess a range of smoke-free alternatives to cigarettes. PMI’s latest Scientific...

PMI Launches “Our World Is Not an Ashtray” Initiative and Aims to Halve Plastic Litter from Products by 2025... -Thursday 16 July 2020

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE:PM) today launched “Our World Is Not an Ashtray,” a new global initiative to raise awareness and drive a long-term change in behavior and attitudes around cigarette butt littering. The initiative supports PMI’s litter reduction...

FDA Authorizes Marketing of IQOS as a Modified Risk Tobacco Product -Wednesday 8 July 2020

(BUSINESS WIRE)-- Regulatory News: The U.S. Food and Drug Administration (FDA) today authorized the marketing of IQOS, Philip Morris International’s (PMI) electrically heated tobacco system, as a modified risk tobacco product (MRTP). In doing so, the agency found that an IQOS exposure...

PMI Reports 2019 ESG Performance in Its First Integrated Report -Tuesday 30 June 2020

(BUSINESS WIRE)-- Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) today published its first Integrated Report, a comprehensive overview of the company’s environmental, social, and governance (ESG) performance and its progress toward delivering a smoke-free...

Philip Morris International: New Study Shows Decline of Total Illicit Cigarette Consumption in the European Union in... -Thursday 18 June 2020

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PMI) reiterated today the need for collaborative efforts against illicit trade to continue, as a new report produced by KPMG underlined the changing nature of the problem in the European Union (EU). The independent KPMG...

Philip Morris International Appoints New General Counsel -Thursday 11 June 2020

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) announced today that Suzanne Rich Folsom has been appointed Senior Vice President and General Counsel, leading Legal, Ethics & Compliance, effective July 1, 2020. She succeeds Marc Firestone, who will retire later this year....

Philip Morris International Confirms Commitment to Its Employees During Pandemic -Thursday 9 April 2020

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) today announced the establishment of a set of important guiding principles that outline the company’s strong commitment to its employees’ job security and peace of mind, throughout the global pandemic period. These...

Philip Morris International Inc. Announces Temporary Suspension of Operations at Manufacturing Technology Bologna -Monday 23 March 2020

(BUSINESS WIRE)-- Philip Morris International Inc. (“PMI”) (NYSE: PM) announced today that it will implement a temporary suspension of its operations at Philip Morris Manufacturing & Technology Bologna S.p.A., Italy (“MTB”) due to the ongoing situation regarding COVID-19. In agreement...

Philip Morris International Demonstrates Commitment to Developing an Inclusive and Diverse Workplace with Appointment of... -Friday 13 March 2020

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM), a leading international tobacco company with a diverse workforce of around 73,500 people who hail from every corner of the globe, is committed to being a great employer. Demonstrating this corporate responsibility, PMI CEO...

Emmanuel Babeau Joins Philip Morris International as CFO -Monday 2 March 2020

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) announced today that Emmanuel Babeau has been appointed Chief Financial Officer, replacing Martin King. King will be taking on a new role as CEO, PMI America, a newly created function. Reporting to global CEO André...