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Travis Parman Joins Philip Morris International as Vice President, Chief Communications Officer, U.S.
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
Philip Morris International Inc. (PMI) (NYSE: PM) has appointed Travis Parman as Vice President, Chief Communications Officer, U.S., to lead the company's communications as it progresses toward its goal of delivering a smoke-free future. PMI is a leading international tobacco company investing in smoke-free products and aiming to completely end the sale of cigarettes. As of September 30, 2023, PMI's smoke-free products were available for sale in 82 markets, and approximately 19.7 million adults had already switched to IQOS and stopped smoking. Smoke-free products accounted for approximately 36.2% of PMI’s total third-quarter 2023 net revenues.
Positive
Travis Parman appointed as Vice President, Chief Communications Officer, U.S.
PMI investing in smoke-free products and aiming to completely end the sale of cigarettes
Approximately 19.7 million adults had already switched to IQOS and stopped smoking
Smoke-free products accounted for approximately 36.2% of PMI’s total third-quarter 2023 net revenues
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STAMFORD, Conn.--(BUSINESS WIRE)--
Philip Morris International Inc. (PMI) (NYSE: PM) announced today that it has appointed Travis Parman Vice President, Chief Communications Officer, U.S. Parman will lead communications for PMI’s U.S. business as the company progresses toward its goal of delivering a smoke-free future for adults who currently smoke and would otherwise not quit.
“We are thrilled that Travis is joining us in our bold ambition to deliver a smoke-free future in the United States. We’re on a mission to replace cigarettes—the most harmful form of nicotine consumption—as soon as possible with science-based smoke-free alternatives that are a better choice than continued cigarette use,” said Stacey Kennedy, President, Americas Region and CEO of PMI’s U.S. Business. “With his passion for positive change and deep communications experience in the U.S. and internationally, Travis will be a valuable addition to our leadership team.”
Parman joins PMI from AppHarvest, a tech-driven, sustainable food company based in Kentucky, where he served as chief communications officer since 2020. He previously held multiple roles with the Renault-Nissan-Mitsubishi Alliance in Paris, Nashville, and Yokohama, Japan—most recently as VP, International Communications and Global Engagement. Prior to his work with the alliance, he held public relations and communications leadership roles at General Motors, Ally Financial and PulteGroup. Parman holds a master’s degree in communications management from the Newhouse School of Public Communications at Syracuse University and a bachelor’s degree in communications from the University of Tennessee.
“Joining PMI at such a pivotal moment in the company’s journey toward a smoke-free future provides the perfect opportunity to drive meaningful change, which has been a hallmark throughout my career as a communicator,” said Travis Parman.
Parman already has begun his new role and is relocating to PMI’s new global corporate headquarters in Stamford, Conn.
Philip Morris International: Delivering a Smoke-Free Future
Philip Morris International (PMI) is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector. The company’s current product portfolio primarily consists of cigarettes and smoke-free products. Since 2008, PMI has invested more than USD 10.5 billion to develop, scientifically substantiate and commercialize innovative smoke-free products for adults who would otherwise continue to smoke, with the goal of completely ending the sale of cigarettes. This includes the building of world-class scientific assessment capabilities, notably in the areas of pre-clinical systems toxicology, clinical and behavioral research, as well as post-market studies. In November 2022, PMI acquired Swedish Match – a leader in oral nicotine delivery – creating a global smoke-free champion led by the companies’ IQOS and ZYN brands. The U.S. Food and Drug Administration has authorized versions of PMI’s IQOS Platform 1 devices and consumables and Swedish Match’s General snus as Modified Risk Tobacco Products. As of September 30, 2023, PMI's smoke-free products were available for sale in 82 markets, and PMI estimates that approximately 19.7 million adults around the world had already switched to IQOS and stopped smoking. Smoke-free products accounted for approximately 36.2% of PMI’s total third-quarter 2023 net revenues. With a strong foundation and significant expertise in life sciences, PMI announced in February 2021 its ambition to expand into wellness and healthcare areas and, through its Vectura Fertin Pharma business, aims to enhance life through the delivery of seamless health experiences. For more information, please visit www.pmi.com and www.pmiscience.com.
