Professional Overview

Jacek Olczak is a seasoned executive currently serving as the CEO of Philip Morris International, headquartered in Lausanne, Vaud, Switzerland. His expertise areas include strategic leadership, financial management, and operations oversight, with a primary industry focus on the tobacco and smoke-free products sector.

Experience Summary

Current Role

As the CEO of Philip Morris International, Jacek Olczak is responsible for guiding the company's strategic direction, overseeing global operations, and driving the organization's transformation towards a smoke-free future. His key responsibilities include setting corporate goals, managing stakeholder relations, and ensuring the company's commitment to sustainability and social responsibility. Under his leadership, the company has continued to navigate the evolving landscape of the tobacco industry, with a focus on innovative products and regulatory compliance.

Career Progression

Jacek Olczak's career with Philip Morris International spans several roles, including COO from 2018 to 2021 and CFO from 2012 to 2017. Prior to these positions, he served as the Managing Director of Philip Morris Germany GmbH from 2006 to 2009. Earlier in his career, he worked as a Manager at BDO Binder Hamlyn from 1991 to 1993. This progression showcases his growth from financial management to operational leadership and finally to the helm of the company, demonstrating his versatility and capacity for leadership.

Areas of Expertise

Jacek Olczak's areas of expertise include:

• Strategic Leadership: Proven ability to lead global organizations through periods of change and transformation.

• Financial Management: Skilled in financial planning, risk management, and corporate finance, with experience as a CFO.

• Operations Oversight: Experienced in managing global operations, including manufacturing, supply chain, and sales.

• Industry Knowledge: Deep understanding of the tobacco and smoke-free products industry, including regulatory compliance and market trends.

Professional Impact

As CEO, Jacek Olczak has been instrumental in Philip Morris International's strategic shift towards smoke-free products, overseeing significant investments in research and development, and guiding the company through complex regulatory environments. His leadership has contributed to the company's efforts to reduce the harm associated with tobacco products and to achieve a smoke-free future.

Conclusion

Jacek Olczak's professional trajectory is marked by consistent growth and a deepening understanding of the tobacco and smoke-free products industry. Currently, his focus is on leading Philip Morris International through its transformation, emphasizing innovation, sustainability, and social responsibility. His value proposition lies in his ability to navigate complex regulatory landscapes, drive strategic change, and commit to a future that prioritizes the reduction of harm and the well-being of consumers and communities.