Tag: Massimo Andolina

  • PMI Announces New Regional Leadership

    PMI Announces New Regional Leadership

    Philip Morris International announced a series of regional leadership changes effective August 1, as the company continues to advance its smoke-free transformation and implement the organizational structure introduced in late 2025. Marco Hannappel will become president of PMI’s Europe Region, succeeding Massimo Andolina, who was recently appointed Group Chief Financial Officer, while Can Kuterdem will take over as president of the Latin America and Canada Region.

    The appointments complete PMI’s four-region leadership model, alongside Gijs de Best, who assumed leadership of the South Asia, Indochina, CIS, Middle East and Africa Region in January, and Vassilis Gkatzelis, who continues to lead the East and Southeast Asia, Pacific and Global Travel Retail Region. All four regional presidents report to Frederic de Wilde, CEO of PMI International, which oversees the business unit generating the majority of PMI’s global revenue. The leadership changes align with PMI’s broader strategy to strengthen execution and support growth across its expanding smoke-free portfolio and evolving global consumer goods business.

  • PMI Announces Andolina as Next CFO

    PMI Announces Andolina as Next CFO

    Philip Morris International appointed Massimo Andolina as its new Group Chief Financial Officer, effective August 1, succeeding Emmanuel Babeau, who will remain with the company as Strategic Advisor to CEO Jacek Olczak until March 2027 to support the transition. Andolina, currently president of PMI’s Europe Region, has been credited with driving strong smoke-free growth and financial performance across the company’s largest region, while previously leading global operations and transformation initiatives that improved efficiency and supply-chain resilience.

    Olczak described Andolina as a respected leader with deep company knowledge and a strong record in innovation and growth. PMI also praised Babeau’s six-year tenure, during which the company strengthened its smoke-free business, completed the acquisition of Swedish Match in 2022, and increased smoke-free products’ share of net revenues to 43% in Q1 2026.