Martin King
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Martin King, Tobacco Tactics, updated 10 February 2020, accessed 19 April 2024.
Martin King became Chief Financial Officer at Philip Morris International (PMI) in January 2018.12
Long Standing Career in the Tobacco Industry
King started working for Philip Morris USA in 1991, until 2003 when he joined PMI’s Portuguese subsidiary Tabaqueira SA as Managing Director.1
He has since held various leadership positions in the tobacco company, including:1
- President, Asia Region (2015)
- President Latin America and Canada Region (2014)
- Senior Vice President, Operations (2009)
- President Director PT HM Sampoerna Tbk, PMI’s subsidiary in Indonesia (2005)
Lobbying Indian Government over Foreign Investment Rules
In April 2016, the Indian government proposed to further limit foreign tobacco investment in India as a public health measure. This followed earlier restrictions taken by the government in 2010, which restricted foreign investments to technology collaboration and licensing agreements, and forming trading companies.3
Martin King wrote to India’s Trade Minister in October 2016, labelling the proposed changes as “discriminatory” and “protectionist”, and threatening that it would lead to a review of PMI’s investments in India, “including tobacco crop purchases”.3 King continued to allege that the tobacco company spent US$ 460million on tobacco leaf in the past five years, and US$200,000 on Corporate Social Responsibility activities in the country.
TobaccoTactics Resources
Relevant Link
Philip Morris International homepage
