LOGO
LOGO

Quick Facts

Philip Morris Appoints Massimo Andolina As CFO

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News   | Join Us

Philip Morris International (PM), a tobacco company, on Wednesday said it has appointed Massimo Andolina as chief financial officer, effective August 1, 2026.

Andolina succeeds Emmanuel Babeau, who will remain with the company until March 31, 2027 as strategic advisor to the group CEO.

Andolina joined Philip Morris in 2008 and has held several senior leadership roles, including President of the company's Europe region since 2023.

Philip Morris shares closed at $191.57 on Tuesday, up 0.04%.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

Latest Updates on COVID-19