Philip Morris names Massimo Andolina as new CFO starting August 2026

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Philip Morris International Announces Group CFO Succession

May 20, 2026 7:00 AM EDT

STAMFORD, CT--(BUSINESS WIRE)-- Regulatory News:

Philip Morris International Inc. (PMI) (NYSE: PM) announced today that Massimo Andolina has been appointed Group Chief Financial Officer, effective August 1, 2026, reporting to Jacek Olczak, Group CEO PMI. Massimo succeeds Emmanuel Babeau, who will remain with the Company until March 31, 2027 as Strategic Advisor to the Group CEO PMI, to ensure a smooth CFO transition.

Massimo is a highly respected leader with a deep knowledge of PMI and a strong track record of driving innovation, business growth, and people development, said Jacek Olczak, Group CEO PMI.... More