Emmanuel Babeau joins Philip Morris International (PMI) as Chief Financial Officer, replacing Martin King, the company reported.

Emmanuel Babeau will join PMI on 1 May 2020 from Schneider Electric, where he served most recently as Deputy CEO in charge of Finance and Legal Affairs. A native of France and graduate of ESCP Business School, he has spent nearly three decades leading fundamental change across industries.
“PMI is undergoing a period of intensive change as we transition away from cigarettes to our science-based smoke-free products – products that are much better alternatives than continued cigarette smoking,” said André Calantzopoulos. “We are thrilled that Emmanuel will be joining us to further accelerate the PMI transformation towards a smoke-free future. He has an enviable track record of challenging the status quo and growing businesses under the most complex circumstances.”
Emmanuel Babeau commented: “PMI is precisely the challenge I was looking for: a global leader in its industry with a commitment to fundamental change – and one that is prompted not only by business strategy but also by a desire to operate more sustainably and in the interest of public health. I am excited about working with André Calantzopoulos, Jacek Olczak, and the rest of the leadership team to achieve PMI’s business objectives.”