Philip Morris International Names New SVP, External Affairs, to Accelerate Its Journey to a Smoke-Free Future
Philip Morris International Inc. (PMI) (NYSE: PM) is pleased to announce the appointment of Gregoire Verdeaux to the position of Senior Vice President External Affairs effective September 1, 2020. In his new role, Mr. Verdeaux will report to the company’s CEO, André Calantzopoulos.
“Gregoire’s range of experiences—from working for national and E.U. parliaments and governments, the U.N., WHO, as well as private companies undergoing significant transformation—has given him a unique understanding of how political decisions are made. This makes him an ideal candidate to join us at PMI and help adapt the regulatory environment applicable to reduced risk products, as we continue our transformation to a smoke-free company,” said Mr. Calantzopoulos.
Mr. Verdeaux joins PMI from Hering Schuppener, where he was a partner. Prior to that, he served as group international policy director at Vodafone. At Vodafone, he built a team from the ground up focused on enabling the business with integrated regulatory strategies, such as ensuring license to operate in sensitive emerging markets in Africa and Asia. He directly engaged with high-level decision-makers in E.U. institutions and oversaw the coordination of policy, lobbying, antitrust, compliance, and other activities while supporting 12 national markets. He also worked to obtain fair competition in the broadband market between private investors and traditional incumbent competitors at the E.U. level.
Prior to Vodafone, Mr. Verdeaux served as European policy director at Electricité De France (EDF), where he proposed and designed group positions for key negotiations with the E.U. regarding competition, state aid cases, and top energy policy issues, especially nuclear energy.
Mr. Verdeaux’s highly relevant experience also includes a wealth of expertise in the public and NGO sectors. He served at the local level as deputy head of the cabinet of the French President, as administrator to the French senate and cabinet adviser to the minister of Foreign Affairs and to the European Commission. Additionally, he held the positions of director, strategy and finance, Unitaid, for the World Health Organization and manager in the United Nations Development Program.
Mr. Verdeaux holds degrees from Universite D’Auvergne, University of Oklahoma and Sciences Po.
This appointment follows the previous announcement of long-serving executive Marc Firestone’s intention to retire from the dual roles of President, External Affairs and General Counsel, and the appointment of Suzanne Rich Folsom as Senior Vice President and General Counsel.
Philip Morris International: Delivering a Smoke-Free Future
Reduced risk products (RRPs) is the term PMI uses to refer to products that present, are likely to present, or have the potential to present less risk of harm to smokers who switch to these products versus continuing smoking. PMI has a range of RRPs in various stages of development, scientific assessment, and commercialization. PMI’s RRPs are smoke-free products that produce an aerosol that contains far lower quantities of harmful and potentially harmful constituents than found in cigarette smoke.
Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company, and its shareholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, as well as smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the United States. In addition, PMI ships a version of its IQOS Platform 1 device and its consumables authorized by the U.S. Food and Drug Administration to Altria Group, Inc. for sale in the U.S. under license. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. Through multidisciplinary capabilities in product development, state-of-the-art facilities and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. PMI’s smoke-free IQOS product portfolio includes heat-not-burn and nicotine-containing vapor products. As of June 30, 2020, PMI estimates that approximately 11.2 million adult smokers around the world have already stopped smoking and switched to PMI’s heat-not-burn product, available for sale in 57 markets in key cities or nationwide under the IQOS brand. For more information, please visit www.pmi.com and www.pmiscience.com.
Philip Morris International
T. +41 (0)79 843 8603
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Simpson Thacher Adds Leading UK and EU Financial Regulation Lawyer Owen Lysak21.9.2020 09:00:00 EEST | Press release
Simpson Thacher & Bartlett LLP announced today that Owen Lysak will join as a Partner in the London office. “Owen has extensive experience advising private funds and alternative asset managers on complex U.K. and EU financial regulatory matters, and we are very pleased to welcome him to Simpson Thacher,” said Bill Dougherty, Chairman of Simpson Thacher’s Executive Committee. “His addition in London enables us to better serve our clients as a single-source destination by providing best-in-class advice across the corporate, funds, tax and regulatory spectrum.” Owen advises private funds, asset managers and financial institutions on U.K. and EU financial market regulations and transactions, including in relation to AIFMD, MiFID II and MiFIR. He counsels market participants on regulatory capital requirements and securities regulation, on markets abuse regulations, and on issues related to Brexit and the financial crisis regulatory response. He also advises on the regulatory aspects of M&A
Inflazome Announces Acquisition by Roche21.9.2020 09:00:00 EEST | Press release
Inflazome announced today that it has closed a share purchase agreement with Roche (SIX: RO, ROG; OTCQX: RHHBY) in which Inflazome’s shareholders received an upfront payment of €380 million, and are eligible to receive additional contingent payments to be made based on the achievement of certain predetermined milestones. Inflazome was founded in 2016 by leading medical researchers Prof Matt Cooper (University of Queensland, Australia) and Prof Luke O’Neill (Trinity College Dublin, Ireland). The company is a leader in the development of inflammasome inhibitors. The acquisition gives Roche full rights to Inflazome’s entire portfolio which is composed of clinical and preclinical orally available small molecule NLRP3 inhibitors. Roche intends to further develop NLRP3 inhibitors across a wide variety of indications with high unmet medical need. Matt Cooper, Chief Executive Officer, Inflazome, commented: “We are delighted to close this deal with Roche, an outstanding pharmaceutical company w
Reactev Is Born: a Next-generation Dynamic Pricing Tool21.9.2020 09:00:00 EEST | Press release
The digital market is taking competitiveness to new heights. There are greater demands when it comes to decision making and, above all, the speed at which these decisions need to be made. Without a doubt, it’s in pricing strategies that this competitiveness is most palpable. In this context, Reactev was born, the tool that helps retailers make the best pricing decisions at just the right time. This software was developed by Minderest a pioneering company in price, product, and stock monitoring, which has been developing pricing projects for some of the world’s largest companies since 2012. Reactev is a tool created by and for retailers that doesn’t only aim to help them with their processes and decisions, but to also change the way they design their pricing strategies. In a highly competitive environment where, in just seconds, the wrong pricing decision can mean a big loss in sales while the correct decision can strike a blow against the competitions, Reactev equips retailers with its
VALBIOTIS Selected to Present 3 Studies on TOTUM-63 by the European Association for the Study of Diabetes (EASD)21.9.2020 08:35:00 EEST | Press release
Regulatory News: VALBIOTIS (Paris:ALVAL) (FR0013254851 - ALVAL, eligible for the PEA/SME), a Research & Development company committed to scientific innovation for preventing and combating metabolic diseases, announces the selection of 3 studies on TOTUM-63 by the European Association for the Study of Diabetes (EASD), which will be presented at the association's annual meeting in September 2020. For the third consecutive year, VALBIOTIS has seen its results on TOTUM-63, its active substance designed to reduce the risk of type 2 diabetes, selected by the main European diabetes meeting. This year, VALBIOTIS will present 3 studies at this major event, to be held from 22 to 25 September in virtual format due to the COVID-19 pandemic. The clinical results of the international Phase II study of TOTUM-63 will first be presented by Prof. Jean-Marie Bard in the form of an e-poster (Abstract #621). Completed in the summer of 2019, this study showed a significant reduction in the main risk factors
bitFlyer Europe Launches PayPal Integration, Meaning Users Can Now Deposit Funds and Purchase Cryptocurrencies Using Their PayPal Accounts21.9.2020 08:00:00 EEST | Press release
Leading cryptocurrency exchange bitFlyer has announced an integration with global payments platform PayPal. The integration means that PayPal’s millions of European users can now deposit funds to the bitFlyer Europe platform to buy cryptocurrencies safely and securely. The integration is the latest step by bitFlyer to deliver on their mission of making cryptocurrency trading safer and more accessible globally, and to support and protect users who may be new to cryptocurrency as well as more experienced traders. Andy Bryant, COO of bitFlyer Europe, said, “We’re proud to offer users the opportunity to use their PayPal accounts to deposit funds for purchasing crypto. The integration of PayPal adds a new funding source for bitFlyer users. Thousands of bitFlyer users already use PayPal for fiat transactions. Now, users can purchase bitcoin and other cryptocurrencies in the same way too.” The integration provides bitFlyer users with an alternative to the traditional deposit payment methods c
HCL Technologies Announces Intent to Acquire Leading Australian IT Solutions Company, DWS Limited21.9.2020 04:47:00 EEST | Press release
HCL Technologies, (HCL), a leading global technology company, today announced its intent to acquire DWS Limited (ASX: DWS), a leading Australian IT, business and management consulting group. As the IT industry continues to evolve and the growing demand for digital strategies increases, DWS, with over 700 employees and offices in Melbourne, Sydney, Adelaide, Brisbane, and Canberra, delivers business and technology innovation to large clients across a spectrum of verticals. The DWS Group, with FY20 revenue at A$ 167.9 million, provides a wide range of IT services including Digital Transformation, Application development & support, Program & Project Management and Consulting. The acquisition of DWS will strongly enhance HCL’s contribution to Digital initiatives in Australia and New Zealand while strengthening HCL’s client portfolio across key industries. “We are excited for this expansion of HCL Technologies in Australia and New Zealand and are confident that our combined strengths will f
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom