Kalpana Morparia Elected to the Board of
Directors of Philip Morris International (PMI)
NEW YORK, Dec 06, 2011 (BUSINESS WIRE) --
Philip Morris International Inc. (NYSE / Euronext Paris: PM) today
announced the election of Kalpana Morparia to its Board of Directors.
With the addition of Ms. Morparia, the PMI Board will now total 12
Ms. Morparia serves as Chief Executive Officer of J.P. Morgan, India,
and is a member of J.P. Morgan's Asia Pacific Executive Committee. Prior
to joining J.P. Morgan, India, Ms. Morparia served as Joint Managing
Director of ICICI Bank, India's second largest bank, and the Vice Chair
of ICICI's insurance and asset management business.
Ms. Morparia serves as an independent director on the Boards of Dr.
Reddy's Laboratories Ltd, an integrated global pharmaceutical company,
Bennett, Coleman & Co. Ltd, part of the Times Group, India's largest
media Group, and CMC Limited, a leading Indian systems engineering and
integration company within the Tata Group. Ms. Morparia is also a member
of the Audit Advisory Board constituted by the Comptroller & Auditor
General of India. She was named one of "The 50 Most Powerful Women in
International Business" by Fortune magazine in 2008.
"I am delighted to welcome Kalpana to our Board," said Louis C.
Camilleri, Chairman and Chief Executive Officer. "Her significant
experience within the financial services industry, acknowledged
accomplishments and proven leadership qualities will undoubtedly
complement the considerable expertise of our formidable Board of
Directors. In particular, her keen perspective on Asia, which is a
growth engine of our business, will represent an invaluable asset going
Philip Morris International Inc.
Philip Morris International Inc. (PMI) is the leading international
tobacco company, with seven of the world's top 15 international brands,
including Marlboro, the number one cigarette brand worldwide.
PMI's products are sold in approximately 180 countries. In 2010, the
company held an estimated 16.0% share of the total international
cigarette market outside of the U.S., or 27.6% excluding the People's
Republic of China and the U.S. For more information, see www.pmi.com.
SOURCE: Philip Morris International Inc.
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