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Philip Morris International To Form PMI International, PMI U.S. New Business Units, Effective Jan. 1, 2026

Author: Benzinga Newsdesk | November 04, 2025 07:03am

Philip Morris International Inc. (PMI) (NYSE: PM) is today further detailing a new corporate organizational model announced in conjunction with the company's 2025 third quarter results. The updated organizational structure, effective January 1, 2026, is designed to enhance PMI's agility and support its journey to becoming a smoke-free company under the leadership of Group CEO PMI Jacek Olczak.

PMI's smoke-free business is currently operating at scale across its regions, including substantial growth from the U.S., and will implement two new primary business units, reporting to Jacek Olczak: PMI International and PMI U.S. In addition, PMI's Wellness unit, Aspeya, will continue to report to Jacek Olczak.

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