Search
Close this search box.
Search
Close this search box.

Under CEO André Calantzopoulos, Philip Morris International Committed To Non-Cigarette Future

Philip Morris International is committed to “a future that does not include cigarettes” by developing “scientifically substantiated” smoke-free products, says CEO André Calantzopoulos.

Philip Morris International is committed to “a future that does not include cigarettes” by developing “scientifically substantiated” smoke-free products, says CEO André Calantzopoulos.

In an January open letter to the “global leader community” published in the Diplomatic Courier, Calantzopoulos wrote that the New York City-based company which currently manufacturers cigarettes and other tobacco products sold in more than 180 countries, has invested more than $4.5 billion in research, development and production “to provide adult smokers with better options.”

“Behind this investment, and every advancement at PMI, is robust science,” he wrote. “We are harnessing recent breakthroughs in technology to develop smoke-free alternatives to cigarettes that are much less harmful than continued smoking.”

In his letter, Calantzopoulos called upon politicians, policy makers and nonprofit public health groups to consider the scientific assessment of and evidence for alternative products—“to be open to new concepts, conversation and change.”

“By working together, through innovative products that meet the different needs of adult smokers, along with forward-thinking regulators and public health officials, we can speed up the progress to a smoke-free future,” he wrote. “A future that will create a better world for the more than one billion adult smokers—and the people who care about them.”

Originally from Greece, Calantzopoulos holds a degree in electrical engineering from Swiss Federal Institute of Technology in Lausanne and an MBA from INSEAD in France. After joining PMI in 1985, he worked extensively across Central Europe, including as managing director of PM Poland and president of the Eastern European Region. Calantzopoulos was PMI’s president and CEO between 2002 and the March 2008 spin-off from Altria Group, and then served as chief operating officer of PMI after the spin-off. In May 2013 Calantzopoulos was named CEO and was elected to the board of directors.

Soulati Media states that PMI has doubled its earnings in each decade since Calantzopoulos started out as an analyst, according to Money Inc.

“Calantzopoulos can claim a fair amount of the credit for said accomplishment, particularly seeing as how he has been an important figure in the corporation’s leadership for a long, long time,” Money Inc. wrote.

The CEO also believes in the need for an “ecosystem” surrounding e-cigarettes, according to Money Inc.

“By this, he meant accessories as well as other e-cigarette products, which would presumably be very important for a corporation such as Philip Morris in a smokeless world because of how e-cigarettes can be used again and again,” Money Inc. wrote.

 

He’s No. 36 on Chief Executive and RHR International’s CEO1000 Tracker, a ranking of the top 1,000 public/private companies

Headquarters: New York City

Age: 61

Education:A degree in electrical engineering from Swiss Federal Institute of Technology in Lausanne and an MBA from INSEAD in France

First joined company: 1985

Prior to joining PMI: Automotive industry

Named CEO: 2013


MORE LIKE THIS

  • Get the CEO Briefing

    Sign up today to get weekly access to the latest issues affecting CEOs in every industry
  • upcoming events

    Roundtable

    Strategic Planning Workshop

    1:00 - 5:00 pm

    Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

    Executives expressed frustration with their current strategic planning process. Issues include:

    1. Lack of systematic approach (70%)
    2. Laundry lists without prioritization (68%)
    3. Decisions based on personalities rather than facts and information (65%)

     

    Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

    To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

    New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

    Women in Leadership Seminar and Peer Discussion

    2:00 - 5:00 pm

    Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

    Limited space available.

    To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

    Golf Outing

    10:30 - 5:00 pm
    General’s Retreat at Hermitage Golf Course
    Sponsored by UBS

    General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

    The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

    To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.