Philip Morris International announced new regional leadership appointments effective August 1, 2026, as part of its shift toward a smoke-free future. Marco Hannappel has been appointed President, Europe Region, succeeding Massimo Andolina who becomes Group Chief Financial Officer, while Can Kuterdem takes over as President, Latin America & Canada Region, succeeding Hannappel. These two roles are part of a four-region structure under PMI International CEO Frederic de Wilde, alongside Gijs de Best as President of South Asia, Indochina, CIS & Middle East & Africa Region and Vassilis Gkatzelis continuing as President of East & Southeast Asia, Pacific and PMI Global Travel Retail Region. The appointments strengthen the leadership pipeline for the unit that generates the large majority of total PMI net revenues, with smoke-free products accounting for 43% of first-quarter 2026 net revenues.
Philip Morris International IncLeadership changes are organizational moves; no direct financial impact stated, but may signal strategic continuity.