Deals
Philip Morris Names Calantzopoulos CEO Seeking China Growth
This article is for subscribers only.
Philip Morris International Inc. named Andre Calantzopoulos as chief executive officer, replacing Louis Camilleri, as the world’s largest publicly traded tobacco company works to expand in China and develop new products.
Calantzopoulos, who also was nominated for election to the board, will become CEO after the annual meeting of shareholders on May 8, the New York-based maker of Marlboro cigarettes said today in a statement. Camilleri will remain chairman of the board, Philip Morris said.