About us
Headquartered in Stamford, Connecticut and listed on the New York Stock Exchange (NYSE: PM), at PMI, we are building our future on replacing cigarettes with smoke-free products that—while not risk-free—are a better alternative than cigarette smoking.
It’s the biggest shift in our history. And it’s the right one for our consumers, our company, our shareholders, and society.
Led by science and innovation, and with the right regulatory encouragement and support from civil society, we can achieve our vision of a smoke-free future, faster.
“PMI today is an entirely different company to the one I joined,” said Jacek Olczak, CEO of PMI. “Our products, people, and purpose have evolved.”
PMI’s vision for a smoke-free future
Jacek Olczak, CEO of Philip Morris International, speaks to camera:
This company is about the progress.
This company wants to change the world.
If we can get there, this is going to be phenomenal.
[Classical music]
Text on screen reads: We've built the world's most successful cigarette company,
but we have thoroughly transformed,
taking great strides towards realizing our vision of replacing cigarettes for good.
Stefano Volpetti, President, Smoke-Free Inhaled Products & Chief Consumer Officer for PMI, speaks to camera:
This company has had the courage,
the visionary leadership,
to establish a new direction, to disrupt the category.
Text on screen reads:
It's why we've invested more than $10.5 billion to date
and employed over 1,500 scientists, engineers and R&D experts to develop our smoke-free products.
Michael Voegele, Chief Digital and Information Officer for PMI, speaks to camera:
I think it’s a unique challenge, being part of a team that revolutionizes the industry.
Text on screen reads:
It's our ambition that within the next two years, more than 50 percent of our net revenue will come from smoke-free products.
Jacek Olczak continues speaking:
The big aspirations address the problem of smoking,
going smoke-free,
over 50 percent of revenues coming from this product.
This is very ambitious and that calls for a progress.
Marian Salzman, Senior Vice President, Global Communications for Philip Morris International, speaks to camera:
We’ve said yes to people when they want to ask us questions.
We’ve told them the truth when they’ve posed the questions.
Text on screen reads:
With the right regulatory encouragement and support from civil society
we believe many countries can end cigarette sales within 10 to 15 years.
Jacek Olczak continues speaking:
If you compare it to many other industries
which also were going for some transformation driven by the product,
nobody is coming that close, as we are.
Text on screen reads:
Innovation, science and technology drive our transformation,
helping us deliver a better, smoke-free future.
Philip Morris International logo appears.
Text on screen reads:
It's always better to quit tobacco and nicotine altogether, but those who don't, deserve access to and accurate information about better alternatives to cigarettes.
Music ends.
Discover Jacek Olczak’s vision for a smoke-free future
We’ve fundamentally transformed our business to deliver a smoke-free future. And this is a future I remain focused on achieving as quickly as possible.
10 facts about Philip Morris International
79,800 employees around the world*
Two smoke-free product research facilities, in Switzerland and Singapore
Over 1,516 research and development scientists, engineers and technicians working on smoke-free products
180 markets where our products are sold
80 markets where our smoke-free products are sold (as of June 30, 2023)
39 production facilities worldwide
150 million consumers worldwide
5 of the world’s top 15 cigarette brands, including Marlboro
USD 31.8 billion net revenue
731.1 billion units total shipment volume
Our views and standards
Key
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Corporate Governance
Inclusion and diversity
It is crucial to our transformation that we attract and retain a diverse community of innovators who can help deliver our smoke-free vision.