Philip Morris International's CEO Salary
- Jacek Olczak, Chief Executive Officer at Philip Morris International, received a total compensation of $25.48M in 2023.
- Frederic de Wilde, President, South and South-East Asia, Commonwealth of Independent States, Middle East & Africa Region at Philip Morris International, received a total compensation of $10.77M in 2023.
- Emmanuel Babeau, Chief Financial Officer at Philip Morris International, received a total compensation of $10.21M in 2023.
- Stefano Volpetti, President, Smoke-Free Inhalable Products & Chief Consumer Officer at Philip Morris International, received a total compensation of $9.21M in 2023.
- Stacey Kennedy, President, Americas Region & CEO of PMI’s US Business at Philip Morris International, received a total compensation of $7.41M in 2023.
- Drago Azinovic, Former President, Middle East & Africa Region and PMI Duty Free at Philip Morris International, received a total compensation of $5.50M in 2023.
Philip Morris International's CEO salary and other executives compensation in 2023 was as follows:
Executive Compensation Summary Table
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Jacek Olczak, Chief Executive Officer | $25.48M | $15.78M | $10.56M |
| Base Salary | $1.65M | $1.46M | $1.43M |
| Incentive Plan Compensation | $4.53M | $4.56M | $3.62M |
| All Other Compensation | $18.60K | $6.27K | $17.66K |
| Stock Award | $13.23M | $9.75M | $4.71M |
| Frederic de Wilde, President, South and South-East Asia, Commonwealth of Independent States, Middle East & Africa Region | $10.77M | $4.33M | $4.64M |
| Base Salary | $1.10M | $890.38K | $927.59K |
| Incentive Plan Compensation | $1.97M | $1.38M | $1.28M |
| All Other Compensation | $253.55K | $16.73K | $16.79K |
| Stock Award | $2.16M | $2.05M | $2.42M |
| Emmanuel Babeau, Chief Financial Officer | $10.21M | $8.52M | $8.99M |
| Base Salary | $1.34M | $1.26M | $1.31M |
| Incentive Plan Compensation | $2.17M | $2.25M | $2.17M |
| All Other Compensation | $28.93K | $37.08K | $49.41K |
| Stock Award | $4.81M | $4.58M | $4.32M |
| Stefano Volpetti, President, Smoke-Free Inhalable Products & Chief Consumer Officer | $9.21M | $4.59M | $4.57M |
| Base Salary | $1.05M | $942.91K | $984.60K |
| Incentive Plan Compensation | $1.50M | $1.35M | $1.30M |
| All Other Compensation | $28.36K | $24.48K | $31.88K |
| Stock Award | $2.30M | $2.28M | $2.25M |
| Stacey Kennedy, President, Americas Region & CEO of PMI’s US Business | $7.41M | - | - |
| Base Salary | $836.75K | - | - |
| Incentive Plan Compensation | $1.18M | - | - |
| All Other Compensation | $2.41M | - | - |
| Stock Award | $1.23M | - | - |
| Drago Azinovic, Former President, Middle East & Africa Region and PMI Duty Free | $5.50M | $4.26M | $4.28M |
| Base Salary | $237.78K | $886.98K | $926.19K |
| Incentive Plan Compensation | - | $1.38M | $1.22M |
| All Other Compensation | $3.11M | $33.22K | $31.56K |
| Stock Award | $2.16M | $1.96M | $2.10M |
| André Calantzopoulos, Executive Chairman | - | - | $15.35M |
| Base Salary | - | - | $1.31M |
| Incentive Plan Compensation | - | - | $1.68M |
| All Other Compensation | - | - | $22.87K |
| Stock Award | - | - | $12.33M |
| Jacek Olczak, Chief Executive Officer | - | - | $10.56M |
| Base Salary | - | - | $1.43M |
| Incentive Plan Compensation | - | - | $3.62M |
| All Other Compensation | - | - | $17.66K |
| Stock Award | - | - | $4.71M |
| Emmanuel Babeau, Chief Financial Officer | - | - | $8.99M |
| Base Salary | - | - | $1.31M |
| Incentive Plan Compensation | - | - | $2.17M |
| All Other Compensation | - | - | $49.41K |
| Stock Award | - | - | $4.32M |
| Jorge Insuasty, | - | - | $5.32M |
| Base Salary | - | - | $765.54K |
| Incentive Plan Compensation | - | - | $911.36K |
| All Other Compensation | - | - | $117.53K |
| Stock Award | - | - | $2.59M |
| Martin G. King, Retired CEO, PMI America | - | - | $4.80M |
| Base Salary | - | - | $622.75K |
| Incentive Plan Compensation | - | - | $740.83K |
| All Other Compensation | - | - | $1.85M |
| Stock Award | - | - | $1.58M |
| Frederic de Wilde, President, South and South-East Asia, Commonwealth of Independent States, & Middle East and Africa Region | - | $4.33M | $4.64M |
| Base Salary | - | $890.38K | $927.59K |
| Incentive Plan Compensation | - | $1.38M | $1.28M |
| All Other Compensation | - | $16.73K | $16.79K |
| Stock Award | - | $2.05M | $2.42M |
| Frederic de Wilde, President, European Union Region | - | - | $4.64M |
| Base Salary | - | - | $927.59K |
| Incentive Plan Compensation | - | - | $1.28M |
| All Other Compensation | - | - | $16.79K |
| Stock Award | - | - | $2.42M |
| Stefano Volpetti, President Smoke-Free Products Category & Chief Consumer Officer ( 7 ) | - | - | $4.57M |
| Base Salary | - | - | $984.60K |
| Incentive Plan Compensation | - | - | $1.30M |
| All Other Compensation | - | - | $31.88K |
| Stock Award | - | - | $2.25M |
| Drago Azinovic, President, Middle East & Africa Region and PMI Duty Free | - | $4.26M | $4.28M |
| Base Salary | - | $886.98K | $926.19K |
| Incentive Plan Compensation | - | $1.38M | $1.22M |
| All Other Compensation | - | $33.22K | $31.56K |
| Stock Award | - | $1.96M | $2.10M |
| Drago Azinovic, | - | - | $4.28M |
| Base Salary | - | - | $926.19K |
| Incentive Plan Compensation | - | - | $1.22M |
| All Other Compensation | - | - | $31.56K |
| Stock Award | - | - | $2.10M |
