Jennifer Li

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Jennifer Li has been on the Board of Directors of Philip Morris International (PMI) since 2010.[1]

According to her profile on PMI’s website, Li is the Chair of the company’s Audit Committee and a Member of the Finance and Nominating and Corporate Governance Committees.[1]

Background

In 2008, Li became the Chief Financial Officer at Baidu which is the largest Internet search engine in China and the third-largest independent search engine in the world. Li left Baidu in September 2017[2] but re-joined in April 2018 to serve as Chief Executive Officer and Managing Partner of Changcheng Investment Partners, Baidu’s newly initiated growth fund.[1]

From 1994 to 2008, Li held a number of senior finance positions at various General Motors companies in China, Singapore, the United States and Canada.[3]

Philip Morris Reimbursement

Li has received $350,000 per annum for her role on the PMI Board.[1]

TobaccoTactics Resources

Relevant Link

Philip Morris International website

Notes

  1. 1.0 1.1 1.2 1.3 Philip Morris International, Board of directors, undated, accessed September 2018
  2. Baidu CFO Jennifer Li leaves post abruptly, exechange.com, 21 September 2017, accessed September 2018
  3. Phillip Morris International, 2016 Schedule 14A, Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No), United States Securities and Exchange Commission, 24 March 2016, accessed September 2018