Philip Morris International, Inc. announced that consistent with a previously disclosed leadership succession plan, Louis C. Camilleri, Chairman and Chief Executive Officer of the company, relinquished his role as Chief Executive Officer immediately after the Annual Meeting of Shareholders on May 8, 2013. Mr. Camilleri will remain as chairman of the board and as an employee of the company. Mr. Andr Calantzopoulos succeeded Mr. Camilleri as Chief Executive Officer and was elected to the board of directors at the Annual Meeting.

Philip Morris International, Inc. reaffirmed earnings guidance for the year 2013. The company reported diluted earnings per share forecast to be in a range of $5.55 to $5.65, versus $5.17 in 2012, as previously announced on April 18, 2013. Excluding an unfavorable currency impact, at then prevailing exchange rates, of approximately $0.19 for the full-year 2013, reported diluted earnings per share are projected to increase by approximately 10-12% versus adjusted diluted earnings per share of $5.22 in 2012, calculated as reported diluted EPS of $5.17, plus a $0.02 per share charge related to discrete tax items and a $0.03 per share charge related to asset impairment and exit costs.

Philip Morris International, Inc. Presents at Goldman Sachs Consumer Products Symposium, May-14-2013 09:05 AM. Venue: New York, New York, United States. Speakers: Jacek Olczak, Chief Financial Officer.