---
schema_version: "secwatch.filing_event.v1"
accession: "0001413329-22-000137"
form_type: "8-K"
ticker: "PM"
cik: "0001413329"
company_name: "Philip Morris International Inc."
filed_at: "2022-12-14T23:59:59+00:00"
generated_at: "2026-06-21T04:41:08.911607+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Philip Morris appoints Jorge Insuasty President of Vectura Fertin Pharma; adjusts de Wilde's compensation

## Summary
- Jorge Insuasty appointed full-time President, Vectura Fertin Pharma effective Jan 1, 2023; continues reporting to CEO Jacek Olczak.
- Insuasty steps down as Chief Life Sciences Officer; Badrul Chowdhury now reports directly to CEO as Chief Life Sciences Officer, Smoke-Free Products.
- Frederic de Wilde appointed President of SSEA, CIS, MEA region; base salary increased to CHF 1,000,008 (approx. $1,080,009).
- de Wilde's annual incentive target set at 125% of base salary; equity award target at 275% of base salary.

## SEC filing metadata
- accession: 0001413329-22-000137
- form_type: 8-K
- ticker: PM
- cik: 0001413329
- company_name: Philip Morris International Inc.
- filed_at: 2022-12-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1413329/000141332922000137/0001413329-22-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1413329/000141332922000137/pm-20221208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001413329-22-000137
- JSON: https://secwatch.observer/filing/0001413329-22-000137.json
- Plain text: https://secwatch.observer/filing/0001413329-22-000137.txt

## Key facts
- Executive change
  Frederic de Wilde was appointed as President, South and Southeast Asia (SSEA), Commonwealth of Independent States (CIS), Middle East and Africa (MEA) Region at Philip Morris International Inc..
  - Action: appointed
  - Role: President, South and Southeast Asia (SSEA), Commonwealth of Independent States (CIS), Middle East and Africa (MEA) Region
  source text: Frederic de Wilde, currently President, European Union Region, will be appointed President, South and Southeast Asia (SSEA), Commonwealth of Independent States (CIS), Middle East and Africa (MEA) Region.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1413329/000141332922000137/0001413329-22-000137-index.htm
- Executive change
  Jorge Insuasty was appointed as President, Vectura Fertin Pharma at Philip Morris International Inc..
  - Action: appointed
  - Role: President, Vectura Fertin Pharma
  source text: On December 8, 2022, the Board of Directors (the “Board”) of Philip Morris International Inc. (the “Company”) approved the appointment of Jorge Insuasty as the full-time President, Vectura Fertin Pharma, effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1413329/000141332922000137/0001413329-22-000137-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.