Philip Morris Names Massimo Andolina as New CFO
Philip Morris named Massimo Andolina as CFO effective August 1 to succeed Emmanuel Babeau. The insider will lead strategy during the shift to smoke-free goods.
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PHILIP MORRIS INTERNATIONAL appointed Massimo Andolina as chief financial officer, effective August 1, to succeed Emmanuel Babeau. Andolina, president of the Europe region, takes over as Philip Morris navigates the integration of its 2022 Swedish Match acquisition. Investors are monitoring the transition as regulatory pressure on Zyn nicotine pouches recently forced a profit forecast cut.
