CEO & Director
Martin Gray King
Chief Financial Officer
Chief Operating Officer
Philip Morris was founded is the year 1847. The company has been operational for almost 172 years ago. The founder of the company was Philip Morris. The company has started its operations by opening a single shop on London's Bond Street in the year 1847, which sold tobacco and cigarettes. Then in the year 1881, Philip Morris' son, known as Leopard Morris, had established 'Philip Morris & Company and Grunebaum Limited' along with Joseph Grunebaum. As of the year 1885, the company had changed its name to Philip Morris & Company.
During the year 1894, William Curtis Thomson and his family began to control the company, and in the year 1902, the company was incorporated in New York as well. In the year 1919, the USA business was acquired and incorporated as Philip Morris & Company in Virginia, USA. By the year 1954, Philip Morris in Australia had become the first affiliate of Philip Morris & Company outside the USA. In the year 1972, the company's Marlboro became the world's top-selling cigarette brand as well. Then in the year 1987, Philip Morris International (PMI) was established as an operating company of Philip Morris Companies. In the year 2001, the operations centre of the company was transferred from Rye Brook, New York, USA, to Lausanne, Switzerland. During the year 2003, Philip Morris Companies had formally changed its name to the Altria Group. By the year 2008, Philip Morris International was spun off from Altria as well. As of the year 2014, Philip Morris International announced that it would close its Moorabbin plant in Australia by the end of the year 2014, after been operating for almost 60 years, due to the gradual decline of sales in the last ten years and also its difficulties conforming to the 2010 Australian government regulation about reducing fire risks as well. In the year 2015, the company had sold almost 850 billion cigarettes. Finally, in the year 2018, Reuters had reported that Philip Morris has been among foreign companies with exposure to Russia’s tobacco market. The company’s sales exposure to Russia was 7 per cent, as per reports from Goldman Sachs. The headquarters of the company is based at 120 Park Avenue. The name of the place is New York, while the name of the state is New York, USA. The pin code of the area is 10017.
Philip Morris is an American company that focuses on the manufacturing of various kinds of tobacco products, including cigarettes as well. The company has more than 25 brands of cigarettes. As of the year 2018, the total revenue generated by the company is more than $79.8 billion. Also, the number of employees working at the company, as of the year 2018, is more than 77,400. The products of the company are sold over 180 different countries all over the world. The company is currently ranked at 108 places in the Fortune 500 companies list.
The primary services provided by the company include allowing customers to obtain various kinds of tobacco products that are produced, marketed and sold by the company itself. The products of the company include cigarettes, cigar, fine-cut rolling tobacco, snuff, rolling papers and tubes, etcetera.
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