Philip Morris International Strengthens Organizational Capabilities to Realize Its Vision for a Smoke-Free Future
May 21 2019 - 2:44PM
Business Wire
New Leadership Positions Further Accelerate the
Company’s Ability to Remain at the Forefront of Technology, Science
and Consumer Centricity
Philip Morris International Inc. (PMI) (NYSE:PM) today announced
leadership moves to accelerate the realization of its vision of a
smoke-free future and further enhance business growth. The company
has created the following new roles: Chief Consumer Officer (CCO),
Chief Life Sciences Officer (CLSO), Chief Product Officer (CPO) and
Chief New Ventures Officer (CNVO).
“Since the launch of our smoke-free product, IQOS, in 2014, we
have made enormous progress both in terms of organizational
capabilities, know-how and in our business results. With IQOS
commercialized in 47 markets today, we are extremely proud of what
has been achieved to date, including two recent milestones:
realizing 10 million users and the U.S. FDA authorization to
commercialize this smoke-free alternative in the U.S.,” said André
Calantzopoulos, PMI’s Chief Executive Officer. “To accelerate, we
must further enhance our ability to stay at the forefront of
technology, science and consumer centricity.”
All four executive positions will report to Mr. Calantzopoulos
as part of PMI’s Senior Management Team (SMT). Three of the four
are new hires who will replace the current role of President
Science & Innovation, currently held by Mirek Zielinski, who
will assume the new role of Chief New Ventures Officer.
The role of CCO will be filled by Stefano Volpetti, an expert
marketer in end-to-end brand building with more than two decades of
international experience working across different markets in a
variety of roles. He will be responsible for grouping all
consumer-facing experiences across the consumer journey—connecting
with legal age smokers to drive change—from trends and insights,
product and brand portfolio architecture, and consumer
communications, to channel strategy.
Stepping into the role of CLSO will be Dr. John O’Mullane, a
broad integrative thinker who has led innovation and R&D across
all of the significant consumer healthcare categories. He will
build upon PMI’s unique scientific capabilities in RRPs and outline
the company’s scientific strategy for new products and services
that go beyond tobacco and nicotine. He will combine scientific
excellence with commercial rigor to elevate the business
transformation.
The CPO role has been filled by an experienced leader from the
electronics industry and will be announced in the forthcoming
weeks. The CPO will be accountable for the development and
acceleration of the company’s innovative smoke-free product
pipeline, related technologies and electronic devices
manufacturing.
“It is both humbling and reassuring that we are able to attract
senior executives of such deep experience, credibility and
expertise,” said Charles Bendotti, Senior Vice President People
& Culture, PMI. “We look forward to their contributions in
accelerating business success and achieving our vision.”
For more on these and other aspects of PMI’s game-changing
transformation, visit: www.pmi.com.
About Philip Morris International: Delivering a Smoke-Free
Future
Philip Morris International (PMI) is leading 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. PMI is a leading international tobacco
company engaged in the manufacture and sale of cigarettes,
smoke-free products and associated electronic devices and
accessories, and other nicotine-containing products in markets
outside the U.S. PMI is building a future on a new category of
smoke-free products that, while not risk-free, are a much better
choice than continuing to smoke. Through multidisciplinary
capabilities in product development, state-of-the-art facilities
and scientific substantiation, PMI aims to ensure that its
smoke-free products meet adult consumer preferences and rigorous
regulatory requirements. PMI's smoke-free IQOS product portfolio
includes heat-not-burn and nicotine-containing vapor products. As
of March 31, 2019, PMI estimates that approximately 7.3 million
adult smokers around the world have already stopped smoking and
switched to PMI’s heat-not-burn product, which is currently
available for sale in 47 markets in key cities or nationwide under
the IQOS brand. For more information, please visit www.pmi.com and
www.pmiscience.com.
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Corey Henry / David FraserPhilip Morris International Media
OfficeT. + 1 202-609-7296 / +41 79 843 8603E. Corey.Henry@pmi.com /
David.Fraser@pmi.com
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