The
tobacco business is quite profitable with more than 1 billion tobacco users in
the world based on facts from the World Health Organization. According to the U.S. Public Health Service
around 45% of U.S. smokers try to quit each year with only 4% to 7% of them
able to do so.
The
company does admit that tobacco products are addictive and harmful. They like
to point out though that the company has been following regulations and that
they are a legitimate business and not operating underground.
Many
executives would perhaps want to work in a company with a better public image.
For Luis Camilleri though he hasn’t had any other job since joining the Philip
Morris. Camilleri can be described as an international citizen. He was born in
Alexandria, Egypt in 1955 but his family comes from Malta.
Since
age 9 Camilleri had attended
British boarding schools. He is fluent in English, French, Italian, and a bit
of German. In 1976, Camilleri obtained a
degree in Economics and Business Administration from Lausanne University in
Switzerland.
Camilleri’s
first job was as a business analyst with W.R. Grace & Company in Lausanne.
He then joined Philip Morris International Inc. in 1978 as a business
development analyst with Philip Morris Europe. Camilleri rose through the
corporate ranks being promoted to positions of higher responsibilities. He
played a big role in developing the emerging markets of Eastern Europe.
Camilleri
had been chairman of Kraft Foods from 2002 to 2007 and chairman and CEO of
Altria Group since 2002. He became
the chairman and CEO of Philip Morris International on March 2008 after the
company was spun off from Altria Group, Inc.
Given
the negative image of the tobacco industry in general Camilleri plays a
challenging role in helping to manage the perception of the industry. He has been up to the task and his company
has also been making handsome profits.
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