Sundar PichaiSundar Pichai earned $164M in 2023

André Calantzopoulos, the current CEO of Philip Morris International, has been leading the company since May 2013, stepping up as part of a planned transition from his previous role as Chief Operating Officer. Under his guidance, Philip Morris is making...

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André Calantzopoulos

Ex-CEO of Philip Morris International

Education

Master's degree in Electrical Engineering from Swiss Federal Institute of Technology

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Consumer Defensive

Born

December 20, 1958 - 66 years ago

CEO of Philip Morris International for

7 years 11 months (May 2013 - May 2021)

Previous Experience

Various roles at Philip Morris International Inc.

Holdings

See how much did André Calantzopoulos make over time.

André Calantzopoulos, CEO of Philip Morris International, has a stake in the company, holding over 1 million shares valued at around $130 million. This substantial investment indicates his strong belief in the company’s transformation strategy. Since becoming CEO in 2013,...

Total Stock Sold

$30.20M

PM

$30.20M

276,918 PM shares

What if they kept their stock?

If André Calantzopoulos didn't sell their stock, today they would have:
Extra PM276,918 shares worth $20.82M.
This is -31.06% and $9.38M less than what they got when they sold the stock.

Charitable Transactions

PM

796,824 shares

PM

Recent Charitable Transactions

PM

796,824 shares

PM

Nov 7, 2024

Charity

Insider Trading

See recent insider trades of André Calantzopoulos.

PM

64,311 shares

PM

Feb 5, 2025

Received

PM

796,824 shares

PM

Nov 7, 2024

Charity

PM

796,824 shares

PM

Nov 7, 2024

Charity

PM

$13.23M

PM at $129.85/share

Oct 23, 2024

Sale

PM

$175.04K

PM at $97.84/share

May 8, 2024

Received

PM

$8.57M

PM at $90.23/share

Feb 21, 2024

Sale

PM

$7.35M

PM at $46.28/share

Feb 7, 2024

Received

PM

$8.03M

PM at $100.35/share

Feb 17, 2023

Sale

Compensation History

See how much did André Calantzopoulos make over time.

In 2021, André Calantzopoulos earned a total compensation of more than $15 million as the CEO of Philip Morris International. This remarkable amount consisted mainly of a big performance-based bonus that highlighted the company's success that year. His base salary stood at about $1.3 million, but the large bonus was a result of hitting critical company performance targets. This reflects a keen approach to aligning his earnings with the company's fortunes. Prior years also saw considerable earnings, as his strategic direction is linked to both short-term performance and long-term growth objectives. His previous role as COO has shaped his compensation structure, where substantial bonuses incentivize achieving strategic goals.

Year

2021

Total Compensation

$20.61M

Salary

$1.31M

Board Justification

The compensation philosophy aims to attract, develop, and retain world-class leaders, aligning executive interests with those of shareholders and rewarding performance against pre-established objectives.

Bonus

$12.33M

Board Justification

The bonus is based on the company's performance metrics and individual performance ratings for the year 2021, with a performance rating of 120% resulting in a cash incentive award.

Other

$22.87K

Board Justification

Other compensation includes car expenses and tax preparation services, totaling $22,867.

Restricted Stock

$6.95M(80.48K RSU)

Board Justification

The stock that vested in 2021 is primarily from prior grants, with the value realized on vesting amounting to $6,948,787.

Performance Metrics

The performance metrics for 2021 included adjusted operating income, adjusted net revenues, operating cash flow, and market share in key markets.