Philip Morris International
Philip Morris International Inc.
(PMI) (NYSE: PM) is an American global cigarette and tobacco company, with
products sold in over 200 countries with 15.6% of the international cigarette
market outside the United
States.
Until a spin-off in March 2008, Philip Morris International was an
operating company of Altria Group.
Altria explained the spin-off, arguing PMI would have more "freedom"
outside the constraints of US
corporate ownership in terms of potential litigation and legislative
restrictions to "pursue sales growth in emerging markets."[1] The
shareholders in Altria at the time were given shares in PMI, which was listed
on the London Stock Exchange and
other markets.
The company is headquartered in New York City, but does not operate in the United States,
with Philip Morris brands there still owned by PMI's former owner Altria.
Because tobacco, the main
constituent of cigarettes, is the single greatest cause of preventable death
globally[2] and is addictive, the company's operations (and its competitors)
are highly controversial and are increasingly the subject of litigation and
restrictive legislation from governments concerned about the health impacts of
its products.
Its brands are Dji Sam Soe 234,
L&M, Longbeach, Marathon, Marlboro, Minak Djinggo, ST Dupont Paris, U Mild,
Philip Morris, Red and White, Basic, Bond Street, Chesterfield, Parliament,
Lark, Merit, Morven Gold, Muratti, Skjold, Multifilter, Virginia Slims, Benson
& Hedges (with British American Tobacco, Gallaher Group, and Japan
Tobacco), Escort (with British American Tobacco and Imperial Tobacco), John
Player & Sons (with British American Tobacco and Imperial Tobacco), and
Peter Stuyvesant (with British American Tobacco and Imperial Tobacco).
Philip Morris International
Altria Group
Inc. was the parent group for Philip
Morris International Inc., and the operating company for Philip Morris USA.
Note: Harold Brown is a
director at the Philip Morris
International Inc., and an honorary director at the Atlantic Council of the United
States (think tank).
John J.
Studzinski is a director at the Atlantic
Council of the United States
(think tank), a director at the Human
Rights Watch, a papal knighthood
knight, and a co-head of investment banking for HSBC Holdings plc.
papal knighthood
is an honor conferred by pope for the Roman
Catholic Church.
Francis E. George
is a cardinal at the Roman Catholic
Church, an archbishop for the Roman
Catholic Archdiocese of Chicago,
and a member of the Commercial Club of
Chicago.
Chicago Archdiocese Hid Decades of Child Sex Abuse
By Rachel Zoll and Tammy Webber of Associated Press
Questions are arising about Cardinal
Francis George’s handling of the allegations of sex
abuse after reforms were adopted by the church.
John
R.H. Bond was the chairman for the HSBC
Holdings plc, and a director at the London
Stock Exchange.
Open
Society Foundations was a funder for the Atlantic Council of the United
States (think tank), and the Human Rights Watch.
George
Soros is the founder & chairman for the Open Society Foundations, was the chairman for the Foundation to
Promote Open Society, and a benefactor for the Human Rights Watch.
Foundation
to Promote Open Society was a funder for the Human Rights Watch, and the Brookings Institution (think tank).
Elizabeth E. Bailey
is an honorary trustee at the Brookings Institution (think tank), a director
at the Teachers Insurance and Annuity
Association, was a trustee at the TIAA,
and was a director at the Altria Group
Inc.
Roger W.
Ferguson Jr. is an overseer & trustee at the TIAA, the president & CEO for the TIAA-CREF, and a member of the President's
Council on Jobs and Competitiveness.
Penny S. Pritzker
was a member of the President's Council
on Jobs and Competitiveness, the national finance chair, fundraiser for the
2008 Barack Obama presidential campaign,
a co-chair for the 2009 Barack Obama
inaugural committee, a fundraiser, national co-chair for the 2012 Barack Obama presidential campaign,
a contributor for the 2013 Barack Obama
inaugural committee, the host for the Barack
Obama fund-raising dinner, 7/2/2008, is the secretary of the U.S. Department of Commerce for the Barack Obama administration, and a
member of the Commercial Club of Chicago.
Linda Johnson
Rice is a member of the Commercial
Club of Chicago, a director at the United
Negro College Fund, and a friend of Valerie
B. Jarrett.
Michael E. Szymanczyk
was a director at the United Negro
College Fund, the chairman & CEO for Philip Morris USA, and the chairman & CEO for the Altria Group Inc.
Jennifer Hunter
is a director at the United Negro
College Fund, and the SVP for the Altria
Group Inc.
Valerie B. Jarrett
is a friend of Linda Johnson Rice, the
senior adviser for the Barack Obama
administration, a member of the Commercial
Club of Chicago, and Vernon E. Jordan
Jr’s great niece.
Cyrus F.
Freidheim Jr. is a member of the Commercial
Club of Chicago, and an honorary trustee at the Brookings Institution (think tank).
Vernon E. Jordan Jr. is Valerie B. Jarrett’s great uncle, an
honorary trustee at the Brookings Institution (think tank), a senior managing director at Lazard Freres & Co. LLC, a director
at the American Friends of Bilderberg (think tank), and a 2008 Bilderberg
conference participant (think tank).
Stephen
M. Wolf is an honorary trustee at the Brookings Institution (think tank), was a senior adviser for Lazard Freres & Co. LLC, and a
director at the Altria Group Inc.
Altria Group
Inc. was the parent group for Philip
Morris International Inc., and the operating company for Philip Morris USA.
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