Jacek Olczak is the CEO of Philip Morris International (PM), stepping into the role in May 2021. He's got over 25 years under his belt at PM, working his way up from Managing Director in markets like Poland and Germany,...
Jacek Olczak is the CEO of Philip Morris International (PM), stepping into the role in May 2021. He's got over 25 years under his belt at PM, working his way up from Managing Director in markets like Poland and Germany, to Chief Financial Officer and Chief Operating Officer. He's a key player in moving the company towards a smoke-free future, a really bold goal in the tobacco industry. In 2023, his total compensation was around $25 million, which ties back to how well the company performs, showing that he’s in it for the long haul. He truly believes in what PM is doing, holding more than $58 million worth of stock in the company as of February 2024. His journey at PM is a testament to how deeply he is involved in the company's success, always looking to innovate and adapt. With a master's degree in Economics, Olczak knows finance inside-out, and his strategic vision seems to be steering PM into new territories, especially with their recent acquisitions to diversify beyond traditional tobacco products.