News Articles

PMI’s Charles Bendotti Recognized by INvolve and Yahoo Finance on OUTstanding 50 Ally Executives List 2020; Nikki... LAUSANNE, Switzerland -Tuesday 19 January 2021

(BUSINESS WIRE) -- Charles Bendotti, Senior Vice President, People & Culture at Philip Morris International Inc. (PMI) (NYSE:PM), has today been recognized for his unwavering support for LGBTQ+ inclusion in the workplace, included on INvolve and Yahoo Finance’s OUTstanding 50 Ally Executives...

Underscoring Critical Role of Science in a Smoke-Free Future, Philip Morris International Brings on Former Sanofi Exec... -Monday 11 January 2021

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) today announced the appointment of Jorge Insuasty to the position of Chief Life Sciences Officer, effective Jan. 15, 2021. Mr. Insuasty will report to the company’s CEO, André Calantzopoulos. “Jorge’s wealth of...

Philip Morris International Announces Planned Leadership Succession -Friday 11 December 2020

Chairman of the Board Louis Camilleri to retire (effective immediately); André Calantzopoulos elected Executive Chairman of the Board (effective May 2021); Lucio Noto appointed interim Chairman; and Jacek Olczak elected Chief Executive Officer (effective May 2021) (BUSINESS...

Philip Morris International Recognized Among World’s Top Sustainable Businesses with “Triple A” Score... -Thursday 10 December 2020

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) today announced its sustainability efforts have been recognized by two leading environmental organizations: CDP, the international nonprofit whose global disclosure system is used by investors, companies, and municipalities to...

Philip Morris International Announces U.S. Food and Drug Administration Authorization of IQOS 3 for Sale in the United... -Tuesday 8 December 2020

(BUSINESS WIRE)-- The U.S. Food and Drug Administration (FDA) today confirmed that IQOS 3, Philip Morris International’s electrically heated tobacco system, is appropriate for the protection of public health and has authorized it for sale in the United States. FDA’s decision follows an...

PMI’s ESG Performance Recognized by the S&P Dow Jones Indices -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...