Philip Morris International Inc. gave CEO Andre Calantzopoulos a pay package valued at about $10.9 million for fiscal 2013. Last year Philip Morris International's profit fell 2.5 percent to $8.58 billion. Revenue excluding excise taxes fell less than 1 percent to $31.2 billion. The AP's calculation counts salary, bonuses, perks and stock and options awarded to the executive during the year.
The company said Friday that it has started talks with employee representatives on a proposal to end production at the factory in Bergen op Zoom. Philip Morris International Inc., based in New York, reports that in the last four years, cigarette volumes have weakened in Europe due to economic softness, illicit trade and as consumers shifting to cheaper alternative products.
I made a deal in a moment of 'afterglow', that I'd quit smoking on April 1st so S/O to my final Marlboro purchase ✌️
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The Prince George's County Public Schools are seeking a state waiver for four snow days to avoid having to extend the school year.
The companies behind the booming e-cigarette market -- including Altria Group (NYSE: MO ) , Lorillard (NYSE: LO ) , Reynolds American (NYSE: RAI ) , and Philip Morris International (NYSE: PM ) -- and their investors should prepare for some tough news. As mentioned before, the liquid nicotine is especially dangerous to children, since the concentration of the substance is very high and absorbs quickly.
The pay package came in a year when the seller of Marlboro and other brands overseas saw its profit fall 2.5 per cent to $8.58 billion. The value that a company assigned to an executive's stock and option awards for 2013 was the present value of what the company expected the awards to be worth to the executive over time.
@prosyndicate Meeting Mr Moon - (DayZ)
Only stockholders of record on March 14, 2014 are entitled to vote at the meeting, or at any adjournments or postponements of the meeting. To obtain copies of PMI's proxy statement for its 2014 Annual Meeting of Shareholders and the necessary documents to vote your shares, please consult PMI's website at www.pmi.com/investors .