Jacek Olczak novi generalni director Philip Morris Interational
At the Annual General Meeting held on May 5, 2021 for the new CEO of Philip Morris International Inc. (PMI) (NYSE: PM) Jacek Olczak, the company’s Chief Operating Officer, has been appointed. On that occasion, Olczak was also elected a member of the company’s Board. The current CEO, André Calantzopoulos, who has held that position since 2013, has been elected chairman of the company’s Board of Directors.
When taking over the function, Olczak committed himself to an accelerated transition to smoke-free products from the company PMI, which began in 2016. The company is focused on developing, scientifically validating and responsibly selling smoke-free products that are less harmful than smoking, in order to replace cigarettes with better alternatives as quickly as possible.
“It is a great honor and pleasure for me to lead PMI on the path of accelerated transformation into a company that offers smoke-free products. PMI is a leader in scientific innovation and our ambition is that by 2025, more than half of net revenue will come from smoke-free products. Our long-term future is based on an assortment that we are constantly expanding. We will rely on our scientific research and expertise and apply our collective skills and imagination to continue to innovate beyond the existing range and explore new areas of business development, ”he said. Olczak.
Olczak, 56, began his career at PMI in 1993. He first held positions in finance and general management across Europe, including the position of PMI Director for Poland and Germany and President of the European Union region, before being appointed Chief Financial Officer in 2012. He held that position until 2018, when he became the general director of operations. He holds a master’s degree in economics from the University of Łód u in Poland.
Olczak is one of the main drivers of the transition to smoke-free products from PMI, whose sales were launched with the launch IQOS-a in Nagoya, Japan in 2014. Under his leadership as director of operations, PMI increased its share of smoke-free products in total net revenue to 28 percent in the first quarter of 2021 and launched these products in 66 markets, ending on March 31, 2021. He also led the commercial transformation of a company in which consumers come first.
“As the new CEO, Jacek is in an ideal position to realize the vision of a smoke-free future for PMI. His quest for results is based on a passion for the company and our employees, as well as a broad knowledge of our products, systems, values and investors. I am convinced that he is the ideal leader who guarantees the continued growth of our business and the realization of value for shareholders. “I am glad that I will continue to cooperate with him in the new position of the President of the Management Board,” he said Calantzopoulos.
“From the beginning, Jacek has been one of the leaders in the transformation of PMI towards smoke-free products internationally. His abilities and expertise open an exciting new chapter for our company. “Under his leadership, we launched the first smokeless tobacco product in Serbia four years ago, and we are glad that every year more and more people become aware that there are better alternatives than continuing to smoke,” he said. Aleksandar Jakovljević, General Manager of Philip Morris for Southeast Europe.
Source: BIZlife by www.bizlife.rs.
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