Louis C. Camilleri
Encyclopedia
Louis C. Camilleri is the Chairman and CEO
of Philip Morris International
.
, the Faculty of Business & Economics of the University of Lausanne
(Switzerland
).
, in Lausanne, Switzerland, Camilleri joined Philip Morris Europe in 1978 as a business development analyst. He held various positions of increasing authority involving the cigarette business in Europe and the Middle East. In December 1995, he was appointed president and chief executive officer of Kraft Foods International. He was named senior vice president and chief financial officer of Philip Morris in November 1996.
Camilleri became CEO of Philip Morris, now Altria Group
, in April 2002. Philip Morris USA is the largest tobacco company in the United States, with about half of the U.S. cigarette market. Philip Morris International
is a leading international tobacco company with seven of the top 20 global cigarette brands. Camilleri became its CEO when it was spun off from Altria Group in early 2006.
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of Philip Morris International
Philip Morris International
Philip Morris International is an international tobacco company, with products sold in over 160 countries. In 2007, it held a 15.6% share of the international cigarette market outside of the USA and reported revenues net of excise taxes of $22.8 billion and operating income of $8.9 billion.Until...
.
Education
Camilleri received a degree in economics and business administration from HEC LausanneHEC Lausanne
HEC Lausanne , also called the Faculty of Business and Economics of the University of Lausanne in English, is the affiliated business school of the University of Lausanne...
, the Faculty of Business & Economics of the University of Lausanne
University of Lausanne
The University of Lausanne in Lausanne, Switzerland was founded in 1537 as a school of theology, before being made a university in 1890. Today about 12,000 students and 2200 researchers study and work at the university...
(Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....
).
Philip Morris International
After working as a business analyst with W. R. Grace and CompanyW. R. Grace and Company
W. R. Grace and Company is a Columbia, Maryland, United States based chemical conglomerate.The company has two main divisions, Davison Chemicals and Performance Chemicals. The Davison unit makes chemical catalysts, refining catalysts, and silica-based products that let other companies make...
, in Lausanne, Switzerland, Camilleri joined Philip Morris Europe in 1978 as a business development analyst. He held various positions of increasing authority involving the cigarette business in Europe and the Middle East. In December 1995, he was appointed president and chief executive officer of Kraft Foods International. He was named senior vice president and chief financial officer of Philip Morris in November 1996.
Camilleri became CEO of Philip Morris, now Altria Group
Altria Group
Altria Group, Inc. is based in Henrico County, Virginia, and is the parent company of Philip Morris USA, John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., Philip Morris Capital Corporation, and Chateau Ste. Michelle Wine Estates. It is one of the world's largest tobacco corporations...
, in April 2002. Philip Morris USA is the largest tobacco company in the United States, with about half of the U.S. cigarette market. Philip Morris International
Philip Morris International
Philip Morris International is an international tobacco company, with products sold in over 160 countries. In 2007, it held a 15.6% share of the international cigarette market outside of the USA and reported revenues net of excise taxes of $22.8 billion and operating income of $8.9 billion.Until...
is a leading international tobacco company with seven of the top 20 global cigarette brands. Camilleri became its CEO when it was spun off from Altria Group in early 2006.
Compensation
In 2008, Camilleri earned a total compensation of $32,028,923, which included a salary of $1,567,308, stock awards of $14,151,6291, and non-equity incentive plan compensation of $9,450,000. His total compensation increased by 33.2% compared to the year before.Personal life
Divorced and the father of three children, Camilleri speaks fluent English, French and Italian, and some German. He comes from a Maltese family which lived in Cairo, Egypt.External links
- Resume: Louis C. Camilleri at BusinessWeekBusinessWeekBloomberg Businessweek, commonly and formerly known as BusinessWeek, is a weekly business magazine published by Bloomberg L.P. It is currently headquartered in New York City.- History :...
online - CEO Compensation at ForbesForbesForbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
.