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Montevideo, November 18th 2024 - 17:33 UTC

Tag: Andre Calantzopoulos PM CEO

  • Saturday, December 3rd 2016 - 09:41 UTC

    Old-fashioned cigarette doomed, says world's largest tobacco company

    Andre Calantzopoulos, CEO of Philip Morris, manufacturer of the world's top cigarette brand Marlboro, sees the business shifting to electronic smoking devices

    A historic lawsuit loss to Uruguay over tobacco-related cancer damages and other technological developments have Philip Morris focusing on new alternatives. “I think the time will come when we will have enough acceptance of these alternative products to begin to propose, along with the governments, a gradual elimination of conventional cigars,” the company CEO Andre Calantzopoulos announced.