We believe that excellence in corporate governance goes hand-in-hand with delivering business results. We strive for transparency in our governance practices and policies while remaining responsive to our shareholders. We see these as indispensable ingredients in positioning the company for long-term success.
Our Board is the governing body for PMI and is a team of seasoned advisors who help oversee the company’s full range of activities.
Led by its Chairman, the Board is responsible for the oversight of corporate policies, strategic direction, and management. The Board is regularly informed of the company’s performance, future plans, and significant issues affecting our business.
The Board meets several times per year, typically in February, March, May, June, September, November, and December, with additional meetings held as necessary. The organizational meeting of the Board follows immediately after the Annual Meeting of Shareholders. The Board meets in executive session at each of its meetings.
DIRECTORMr. Ferragamo has served as Chairman of Ferragamo USA Inc. since 2000, having previously served as President of that company since 1985. He is also Vice President of the Lungarno Hotel Group and Executive Vice President of the Ferragamo Foundation. Mr. Ferragamo is a director of Ferragamo Finanziaria S.p.A. and served on the board of directors of Yum! Brands, Inc. from 1997 until 2016. Mr. Ferragamo is a member of PMI’s Finance and Product Innovation and Regulatory Affairs Committees.
The Board has adopted important standards relating to director independence. You can read more about them, as well as about the Board's roles and responsibilities, in our Corporate Governance Guidelines.
Contact the Board by sending a letter to our Presiding Director:
Board of Directors
Philip Morris International Inc.
120 Park Avenue
New York, N.Y. 10017-5579
The Corporate Secretary will process all communications about Board matters and forward them to the Presiding Director. If they are specific to one Board committee, they will also be sent to the Chair of that committee.
Communications that relate to ordinary business matters that are outside the scope of the Board’s responsibilities, such as customer complaints, will be sent to the appropriate subsidiary.
Solicitations, junk mail, and obviously frivolous or inappropriate communications will not be forwarded.
Our leaders have the experience, agility, and the courage to transform our company.