Butt Out Big Tobacco! Inside the Philip Morris International Annual Meeting of the Shareholders.
9
Butt Out Big Tobacco! Inside the Philip Morris International Annual Meeting of the Shareholders
-
Upload
mary-walsh -
Category
Documents
-
view
214 -
download
0
Transcript of Butt Out Big Tobacco! Inside the Philip Morris International Annual Meeting of the Shareholders.
Butt Out Big
Tobacco!
Inside the Philip Morris International
Annual Meeting of the Shareholders
"It is important to know as much as possible about teenage smoking patterns and attitudes. Today's teenager is tomorrow's potential regular customer...“
Philip Morris, 1981 Bates No. 1000390803
1847- A tobacco shop opened up in London
1881- The company goes public as Philip Morris & Co. & Grunebaum
1919- American stockholders begin ownership and PM begins producing cigarettes in Richmond, VA
1967- PM Incorporated splits into: PM Domestic, PM International, and PM Industrial
1989- PMI income exceeds $1 billion
2003- PM becomes Altria, Inc. to hide from their past
2008- PMI spins off from Altria to expand more aggressively in developing countries
PMI History
What is PMI doing?
LitigationOpposing the health warnings on cigarettes in Uruguay
Government PartnershipsSigned an agreement with the EU that provides PMI with customs
information
Front GroupsAlliance of Australian Retailers International Tobacco Growers Association
Corporate Social ResponsibilityUsing natural disasters to promote brands in Indonesia
AdvertisingTargeting youth through sponsoring concerts in Argentina
Quick Stats
2010Profits $11.2 Billion
Camilleri’s 2009 Salary $29.3 Million
Global Market Share27.6%
(excluding Chinaand the U.S.)
Amountof cigarettes produced in 2010
899.9Billion Units
Moneyspent in 2010 on corporate social responsibility:
$25Million$5 for every tobacco related death
Inside the meeting…
“While cigarettes are addictive, it’s not that hard to quit”
“I don’t agree with the theory that nicotine somehow suppresses hunger”
In regards to nicotine and addiction: “It’s the other compounds in cigarettes that create harm. Those are the ones that we are working to control”
In regards to public smoking bans: “20% of adults smoke in this country- someone has to stand up for them”
“You are there to represent the
thousands of people who are doing this work
across the country”
What are you doing to stop Big Tobacco?
Questions or
Comments?
