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Butt Out Big Tobacco! Inside the Philip Morris International Annual Meeting of the Shareholders.

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Presentation on theme: "Butt Out Big Tobacco! Inside the Philip Morris International Annual Meeting of the Shareholders."— Presentation transcript:

1 Butt Out Big Tobacco! Inside the Philip Morris International Annual Meeting of the Shareholders

2 "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

3  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

4 What is PMI doing?  Litigation  Opposing the health warnings on cigarettes in Uruguay  Government Partnerships  Signed an agreement with the EU that provides PMI with customs information  Front Groups  Alliance of Australian Retailers  International Tobacco Growers Association  Corporate Social Responsibility  Using natural disasters to promote brands in Indonesia  Advertising  Targeting youth through sponsoring concerts in Argentina

5 Quick Stats 2010 Profits $11.2 Billion Camilleri’s 2009 Salary $29.3 Million Global Market Share 27.6% (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

6 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”

7 “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?

8 Questions or Comments?

9 Contact Us Brittany Russell: barzp5@mail.missouri.edu barzp5@mail.missouri.edu Jenna Jordan: jnjxv8@mail.missouri.edu jnjxv8@mail.missouri.edu


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