Sitemap

André Calantzopoulos, New Chairman Of Philip Morris International Board

Philip Morris International’s current Chief Executive Officer André Calantzopoulos was appointed new Executive Chairman of the Board, after Louis Camilleri had retired for personal reasons. Lucio Noto will serve as interim Chairman until the succession of Calantzopoulos, whereas PMI’s current COO Jacek Olczak will succeed Calantzopoulos as Chief Executive Officer of the company. PMI announced that these changes will be effective as of May next year.

This planned succession promises a seamless transition and continuity of leadership, as Camilleri, Calantzopoulos and Olczak share the same vision and under their combined leadership, the company has marked significant achievements, including its overall business transformation and the leadership position in the smoke-free product category.

Louis Camilleri said: “I am delighted to hand over the Chairman of the Board role to André. I am equally delighted to see Jacek named to the helm of the company. Contemplating my 40-year PMI career, it has been an enormous privilege to serve this wonderful company, preside over its Board, cooperation with its employees and shareholders. I want to wholeheartedly thank you all for this amazing journey that has made our company the leading and most progressive tobacco giant in the world. I am stepping down with the firm belief that the company is in great hands to accomplish its smoke-free vision.”

“It is an honor to follow in the footsteps of our Chairman and former CEO, Louis Camilleri. On behalf of the company leadership, I would like to express our profound appreciation for his amazing contributions to the success of our company, for his devotion, and, above all, humanity. Beyond the unrivaled executive, we will all miss an outstanding person and a friend,“ said André Calantzopoulos.

“During my seven years as CEO, we have stepped in the future and offered better, science-based less harmful alternatives for those adults who would otherwise continue to smoke traditional cigarettes. I am very pleased to hand over the CEO responsibility to Jacek, with whom I have worked closely for decades. I know well that his passion for the company and our employees, drive for results, and deep knowledge of our products, systems, values, and investors make him the ideal leader to ensure the continued growth of our business and to deliver shareholder value, concluded Calantzopoulos.

Jacek Olzak
Jacek Olczak

Jacek Olczak commented: “I am humbled to have the opportunity to lead our company. Working alongside André on the business transformation, we have built the capabilities to continue delivering the shared vision. I am committed to continuing that cooperation and leveraging the enormous business opportunity of a smoke-free future, to the benefit of our consumers, shareholders, and society.”

Jacek Olczak has enjoyed a long career with Philip Morris. He previously worked in finance and general management positions across Europe, including as Managing Director of PMI’s markets in Poland and Germany and as President of the European Union Region before his appointment as CFO of PMI in 2012. He holds a master’s degree in economics from the University of Lodz, Poland.

From the Seized Tobacco, 7 Tons of the Highest Quality Organic Fertilizer Were Obtained

Over 5 tons of illegal cut tobacco, as much as 3.5 tons of leaf tobacco, 26,000 boxes of cigarettes, 12,000 boxes of roll-your-own cigarettes,...

Balkan Borders Blur as Free Labor Movement Pact Launches

Marking a significant shift in the labor markets of Southeast Europe, Serbia, Albania, and North Macedonia have forged an essential agreement, coming into effect...

New Management In Schneider Electric Serbia And Montenegro

Schneider Electric, the global leader in digital transformation of energy management and automation, announces the appointment of Miloš Vuksanović as the new General Manager...

Nestlé Unveils Plant-Based Meal Factory in Surčin, Serbia, with a €80 Million Investment

Nestlé has taken a significant step towards expanding its sustainable food production footprint by inaugurating a new €80 million plant-based meal factory in Surčin,...

Balkan Borders Blur as Free Labor Movement Pact Launches

Marking a significant shift in the labor markets of Southeast Europe, Serbia, Albania, and North Macedonia have forged an...

Serbia Commits €5.4 Billion to Renewable Energy by 2030

Serbia's state-owned power company, Elektroprivreda Srbije (EPS), has announced an ambitious plan to invest €5.4 billion in renewable energy...

Serbia and Angola Cement Cultural Bonds with New Cooperation Programme

Serbia and Angola have inked a Cultural Cooperation Programme set to span from 2024 to 2026, as announced by...

Serbia Awards Distinctions to Notable Personalities on National Day

In a ceremonial tribute to Serbia's National Day, President Aleksandar Vučić presented awards to a host of esteemed individuals...

Western Balkans Eye EU Membership by 2028

At the esteemed Munich Security Conference, a cornerstone event in global security discourse, leaders from North Macedonia, Albania, and...