Philip Morris appoints Massimo Andolina as Group CFO, effective August 1, 2026

Philip Morris International Inc.

Massimo Andolina promoted from President Europe Region to Group CFO, effective August 1, 2026, replacing Emmanuel Babeau.
Emmanuel Babeau remains as Strategic Advisor to Group CEO through March 31, 2027 for smooth transition.
Andolina led Europe Region delivering robust growth and smoke-free progress; previously SVP Global Operations over 30,000 employees.
Babeau served as CFO since May 2020, oversaw Swedish Match acquisition and smoke-free revenue reaching 43% of net revenues in Q1 2026.
Andolina's compensation as CFO not yet determined; Babeau entitled to post-employment benefits for termination without cause.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Massimo Andolina

Group Chief Financial Officer

PM · Philip Morris International Inc.

Effective: 2026-08-01
Filed: May 20, 2026, 7:05 AM ET

On May 18, 2026, the Board of Directors of Philip Morris International Inc. (the “Company”) approved the appointment of Massimo Andolina, the Company’s current President, Europe Region, as Group Chief Financial Officer, replacing Emmanuel Babeau, effective August 1, 2026.

Role change

Emmanuel Babeau

Strategic Advisor to Jacek Olczak, Group CEO PMI

PM · Philip Morris International Inc.

Effective: 2026-08-01
Successor: Massimo Andolina
Filed: May 20, 2026, 7:05 AM ET

Mr. Babeau will remain with the Company as Strategic Advisor to Jacek Olczak, Group CEO PMI through March 31, 2027 and to assist Mr. Andolina with his transition.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Massimo Andolina was appointed as Group Chief Financial Officer at Philip Morris International Inc..

Action: appointed
Role: Group Chief Financial Officer

Exact text from the filing

On May 18, 2026, the Board of Directors of Philip Morris International Inc. (the “Company”) approved the appointment of Massimo Andolina, the Company’s current President, Europe Region, as Group Chief Financial Officer, replacing Emmanuel Babeau, effective August 1, 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Emmanuel Babeau changed role as Strategic Advisor to Jacek Olczak, Group CEO PMI at Philip Morris International Inc..

Role: Strategic Advisor to Jacek Olczak, Group CEO PMI

Exact text from the filing

Mr. Babeau will remain with the Company as Strategic Advisor to Jacek Olczak, Group CEO PMI through March 31, 2027 and to assist Mr. Andolina with his transition.

View on SEC.gov

Philip Morris International Inc. filing history →

Source: SEC EDGAR

accession 0001628280-26-036721

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