About us
PMI: Evolving to deliver on our purpose
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.”
10 facts about Philip Morris International
~82,700 employees around the world
(Figure includes Vectura Fertin Pharma, and Swedish Match.)
Two smoke-free product research facilities, in Switzerland and Singapore
Over 1,586 research and development scientists, engineers and technicians working on smoke-free products
Approximately 180 markets where our products are sold
90 markets where our smoke-free products are sold
(as of June 30, 2024)
50 production facilities worldwide
150 million consumers worldwide
5 of the world’s top 15 cigarette brands, including Marlboro
USD 35.1 billion net revenue
738.2 billion units total shipment volume
It’s time to make smoking history
Voiceover: Jacek Olczak, CEO, Philip Morris International
This company wants to change the world.
If we can get there this is going to be really phenomenal
Fast-paced music starts
Words on screen read: That’s why at Philip Morris International, we’ve committed to deliver a smoke-free future.
Voiceover: Stefano Volpetti, President, Smoke-Free Inhaled Products & Chief Consumer Officer, PMI.
This company has had the courage, the vision and leadership to establish a new direction.
Voiceover: Bin Li, Chief Product Officer, PMI
It's very difficult for a company to sign up for a big transformation like this.
Words on screen read: Our ambition? To move away from cigarettes.
Voiceover: Stacey Kennedy, President Americas Region and CEO of PMI’s U.S. business:
We are building our company's future around better alternatives to smoking.
Voiceover: Michael Voegele, Chief Digital and Information Officer, PMI:
I think it's a unique challenge being part of a team that revolutionizes the industry
Words on screen read: Since 2008, we’ve invested over 12.5 billion dollars in scientific substantiated smoke-free products.
Voiceover: Jacek Olczak, CEO, Philip Morris International
The end of cigarettes is given, it's about setting a date, setting a timetable, setting a path to get there.
Words on screen read: And by 2030, we aim to have more than two-thirds of our net revenue come from smoke-free business.
We were at 39% (as end of Q4 2023).
Moira Gilchrist, Chief Communications Officer, speaks:
So we've become a company that's centered on bringing better options to people.
Voiceover: Lars Dahlgren, President, Smoke-Free Oral Products and CEO, Swedish Match:
I've been impressed with the boldness of PMI articulating that the future is smoke free products.
Words on screen read: Currently our smoke-free products are available in 84 markets
Voiceover: Dr Moira Gilchrist, Chief Communications Officer, PMI:
We set out to develop these products and gather scientific evidence.
Voiceover: Dr Badrul Chowdhury, Chief Life Sciences Officer, Smoke-Free Products:
You actually have a product where the hundred or so chemicals which are known to be harmful are reduced or eliminated. That's the scientific breakthrough.
Voiceover: Dr Moira Gilchrist, Chief Communications Officer, PMI:
This is transforming the entire industry.
Voiceover: Jacek Olczak, CEO, Philip Morris International:
The evidence is clear. Smoke-free alternatives can accelerate the end of smoking. The world has to move now to help smokers to move to the better alternative.
Words on screen read: 28.6 million adults globally are using our leading heated tobacco product, of which 20.8 million have switched completely and stopped smoking.
Voiceover: Jacek Olczak, CEO, Philip Morris International:
It's time to make smoking history.
Philip Morris International is seen on screen.
Delivering a smoke-free future
Our views and standards
Our views and standards
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.