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Louis Carey Camilleri | |
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| Born | Louis Carey Camilleri 13 January 1955 |
| Alma mater | University of Lausanne (B.B.A.) |
| Title | CEO of Ferrari N.V. Chairman of Philip Morris International |
| Spouse | Marjolyn Camilleri (div. 2004) |
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Louis Carey Camilleri (born 13 January 1955) [1] is the former CEO of Ferrari and chairman of Philip Morris International. [2] He resigned from both positions with immediate effect on 10 December 2020, citing personal reasons.
Camilleri was born in Egypt, to Maltese parents. [3]
He received a degree in economics and business administration from HEC Lausanne, the Faculty of Business & Economics of the University of Lausanne (Switzerland).[ citation needed ]
After working as a business analyst with W. R. Grace and Company, in Lausanne, 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. In November 1996, he was named senior vice president and chief financial officer of Philip Morris.
In April 2002, Camilleri became CEO of Philip Morris, now Altria Group. In early 2007, Camilleri became CEO of Philip Morris International when the tobacco company spun off from Altria Group. [3]
In July 2018, Camilleri was named CEO of Ferrari, replacing Sergio Marchionne. [4] [5] Since starting work with Ferrari, the brand's Formula One team adopted the Mission Winnow monicker. [6]
In 2008, Camilleri earned a total compensation of $32,028,923, which included a salary of $1,567,308, stock awards of $14,151,629, and non-equity incentive plan compensation of $9,450,000. His total compensation increased by 33.2% compared to the year before. [7]
Divorced since 2004, Camilleri is the father of three. He speaks fluent English, French, Italian, Arabic and Maltese as well as some German. [8]
The tobacco industry comprises those persons and companies who are engaged in the growth, preparation for sale, shipment, advertisement, and distribution of tobacco and tobacco-related products. It is a global industry; tobacco can grow in any warm, moist environment, which means it can be farmed on all continents except Antarctica.
Altria Group, Inc. is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes, and related products. It operates worldwide and is headquartered in Henrico County, Virginia, just outside the city of Richmond.
Scuderia Ferrari S.p.A. is the racing division of luxury Italian auto manufacturer Ferrari and the racing team that competes in Formula One racing. The team is also known by the nickname "The Prancing Horse", in reference to their logo. It is the oldest surviving and most successful Formula One team, having competed in every world championship since the 1950 Formula One season. The team was founded by Enzo Ferrari, initially to race cars produced by Alfa Romeo. By 1947 Ferrari had begun building its own cars. Among its important achievements outside Formula One are winning the World Sportscar Championship, 24 Hours of Le Mans, 24 Hours of Spa, 24 Hours of Daytona, 12 Hours of Sebring, Bathurst 12 Hour, races for Grand tourer cars and racing on road courses of the Targa Florio, the Mille Miglia and the Carrera Panamericana. The team is also known for its passionate support base, known as the tifosi. The Italian Grand Prix at Monza is regarded as the team's home race.
Marlboro is an American brand of cigarettes owned and manufactured by Philip Morris USA within the United States and by Philip Morris International outside the US except Canada where the brand is owned and manufactured by Imperial Tobacco Canada. Marlboro's largest cigarette manufacturing plant is located in Richmond, Virginia.
Swedish Match AB is a Swedish multinational tobacco company headquartered in Stockholm. The company manufactures snus, nicotine pouches, moist snuff, tobacco- and nicotine-free pouch products, chewing tobacco, chew bags, tobacco bits, cigars, matches, and lighters, with operations in Sweden, Denmark, the United States, the Dominican Republic, Brazil, the Netherlands, and the Philippines. The company's origins can be traced back to 1868, and Ivar Kreuger. Swedish Match has played an important part in Sweden's industrial development.
Philip Morris USA is the American tobacco division of the American tobacco corporation Altria Group. It has been the leading cigarette manufacturer in the U.S. since the late 20th century. It was incorporated in New York City in 1902 as Philip Morris & Co. Ltd. In 1919 George J. Whelan, along with fellow shareholders Reuben M. Ellis and Leonard B. McKitterick, acquired the American division of the company and creates Philip Morris & Co. Ltd., Inc. In the 1950s it introduced innovations such as the flip-top box and filters for cigarettes. In 1972 it became the leading cigarette manufacturer in the United States in terms of sales, a position it continued to hold. Today its major brands include Marlboro, Virginia Slims, Benson & Hedges, Merit, Parliament, and others. In March 2008, Philip Morris International was split from Philip Morris USA.
Michael Edward "Mike" Szymanczyk is a former Chairman and CEO of Altria Group, serving in that position from 2008 to 2012. He previously served as Chairman and CEO of Philip Morris Companies Inc. between April 2002 and August 2002.
Philip Morris International Inc. (PMI) is an American multinational tobacco company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro. Philip Morris International is often referred to as one of the companies comprising Big Tobacco.
George Weissman was an American businessman and former chairman and CEO of Philip Morris.
Camilleri is a common surname in Malta and, to a lesser extent, in Italy. The surname is believed to have originated in the 12th century and derives from the Latin term "camelarius".
PMFTC, Inc. is the Philippine affiliate of Philip Morris International (PMI). Owned 50-50 by PMI and local conglomerate LT Group, PMFTC is the leading cigarette manufacturer in the Philippines, controlling over 90% of the local market, commercialising the brands Hope Luxury, Marlboro, and More, among others.
HEC Lausanne, also called the Faculty of Business and Economics of the University of Lausanne, is the affiliated business school of the University of Lausanne. Since 1911, HEC Lausanne has been developing teaching and research in the field of business and economics. HEC Lausanne offers Bachelor, Master, and PhD degrees, as well as executive education, including a part-time Executive MBA, short, open courses, and tailor-made programs for organizations.
Tobacco politics refers to the politics surrounding the use and distribution of tobacco.
Louis Francis Bantle was an American business executive who led UST Inc. and its U.S. Smokeless Tobacco Company subsidiary, overseeing a dramatic rise in the popularity of its Copenhagen and Skoal brands of dipping tobacco, as well as introducing versions of its tobacco products such as Skoal Bandits that became popular with young adult males in the United States taking 80% of the country's market for chewing tobacco.
André Calantzopoulos is a Greek businessman. He is executive chairman of tobacco giant Philip Morris International (PMI), having previously served as CEO. He worked as a design engineer in the automotive industry before joining PMI at 28 years old.
Mighty Corporation is a Filipino corporation and was the second largest cigarette manufacturer in the Philippines from 2010 to 2017. On September 8, 2017, Japan Tobacco acquired Mighty Corporation's cigarette business in the amount of ₱46.8 billion, paving the way for the full payment of ₱30 billion to the Philippine government as part of the agreement for Mighty Corporation to settle its unpaid tax liabilities.
A heated tobacco product (HTP) is a tobacco product that heats the tobacco at a lower temperature than conventional cigarettes. These products contain nicotine, which is a highly addictive chemical. The heat generates an aerosol or smoke to be inhaled from the tobacco, which contains nicotine and other chemicals. HTPs may also contain additives not found in tobacco, including flavoring chemicals. HTPs generally heat tobacco to temperatures under 600 °C (1100 °F), a lower temperature than conventional cigarettes.
Iqos is a line of heated tobacco and electronic cigarette products manufactured by Philip Morris International (PMI). It was first introduced in November 2014 in Japan and Italy. Most of the IQOS products are devices that heat tobacco without burning it.
Jacek Olczak is a Polish businessman and the chief executive officer (CEO) of Philip Morris International, the largest publicly traded tobacco company in the world. He is the first Pole to take the chair of a global company.
Veev is a brand of electronic cigarettes manufactured by Philip Morris International (PMI).
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