Highest-materiality recent filing
Philip Morris appoints Massimo Andolina as Group CFO, effective August 1, 2026
Massimo Andolina promoted from President Europe Region to Group CFO, effective August 1, 2026, replacing Emmanuel Babeau.
PMI Q1 adj EPS +16% to $1.96; IQOS becomes #1; updates FY adj EPS forecast for currency
Reported diluted EPS $1.56 (down 9.3% YoY); adjusted diluted EPS $1.96 (up 16.0%, 5.3% excluding currency).
PMI reaffirms 2026 adjusted EPS forecast of $8.38-$8.53, 11.1-13.1% growth
Reaffirmed 2026 reported diluted EPS $7.87-$8.02; adjusted diluted EPS $8.38-$8.53.
PMI FY2025 adjusted EPS $7.54, +14.8%; smoke-free revenues surge; 2026-2028 targets set
Full-year adjusted diluted EPS of $7.54 grew 14.8% YoY, 14.2% currency-neutral.
PMI to Reorganize into PMI International & U.S. Units; de Wilde Named CEO International
Effective Jan 1, 2026: PMI creates PMI International & U.S. business units; Jacek Olczak remains Group CEO.
PMI issues $3.5B in senior notes across five tranches; proceeds to refinance near-term debt
Issued $300M floating rate notes due 2028, $750M 3.875% due 2028, $750M 4.000% due 2030, $850M 4.250% due 2032, $850M 4.625% due 2035.
PMI Q3 adj. EPS $2.24 (+17.3% YoY); raises FY guidance; smoke-free rev +17.7%
Q3 reported diluted EPS $2.23 (+13.2% YoY); adjusted diluted EPS $2.24 (+17.3% YoY; +13.1% excl. currency).
PMI reaffirms FY2025 adj. EPS growth 13-15%; Q3 ZYN offtake accelerates ~32%
Reaffirmed FY2025 reported EPS $7.24-$7.37, adj. EPS $7.43-$7.56 (growth 13-15%).
PMI Q2 adj. EPS $1.91 (+20%), record revenue, raises FY guidance
Reported diluted EPS $1.95 (+26.6% YoY); adjusted diluted EPS $1.91 (+20.1%, ex-currency +18.9%).
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.
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.
Max materiality 0.85 · Median 0.55 · Most common event other_material