Jacek Olczak

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Jacek Olczak was appointed Chief Executive Officer of Philip Morris International (PMI) in May 2021. 1 Olczak succeeded André Calantzopoulos, who became Executive Chairman of the PMI Board.

In announcing Olczak’s appointment, PMI stressed his experience in developing its newer nicotine and tobacco products into new markets and in particular IQOS.2

Olczak was previously Chief Operating Officer at PMI from January 20183 and beforethat Chief Financial Officer at PMI in 2012, succeeding Hermann Waldemer.4

In September 2017, the tobacco company announced that Olczak would take on the role as Chief Operating Officer, effective 1 January 2018.5

Long-Standing Career with Philip Morris

Olczak joined PMI in 1993 as Manager Finance and Administration, and has held several leadership positions, including:

  • Chief Financial Officer (2012)
  • President European Union Region (2009)
  • Managing Director for Germany and Austria (2006)
  • Managing Director Poland and Baltic States (2004)

Olczak lives in Switzerland and holds a master’s in economics from the University of Lodz, Poland.

TobaccoTactics Resources

Relevant Link

Philip Morris International homepage


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  1. PMI, Our Leadership Team, PMI web site, undated, accessed May 2021
  2. Sharewise, Philip Morris International Inc holds 2021 virtual annual meeting of shareholders, Sharewise website, 5 May 2021, accessed May 2021
  3. Philip Morris International, Who we are: Our leadership Team, PMI website, undated, accessed January 2020
  4. Associated Press, Philip Morris International CFO to retire, News OK, 7 May 2012, accessed October 2017
  5. Philip Morris International, Philip Morris International Inc. (PMI) Announces Senior Management Changes, Businesswire.com, 28 September 2017, accessed October 2017