From Mentor to Most Admired: Dr. Jogadia’s Journey of Building Bridges Across Continents
Jacek Olczak
Jacek Olczak, born January 23, 1965, in Lodz, Poland, is the CEO of Philip Morris International (PMI), the world’s largest publicly traded of our in 1995 to join the internal controls team. His career progressed through various leadership roles, including director of sales for PMI Polska (1996) and Romania (1999), and managing director positions in Poland, the Baltics, Germany, and Austria. In 2009, he became president of PMI’s European Union region, followed by chief financial officer (2012–2018) and chief operating officer (2018–2021). He assumed the CEO role in May 2021, succeeding André Sarantopoulos. Under Olczak’s leadership, PMI has shifted toward a smoke-free future, with products like IQOS surpassing traditional cigarette revenues, accounting for 42% of net revenues by Q1 2025. His transformative vision earned him a spot among Barron’s top 26 CEOs worldwide in 2025. Olczak, who lives near Lausanne and has four children, advocates for pragmatic regulations to support innovation in consumer goods. His salary averaged $7 million annually as CFO, reaching $11 million as COO in 2
Related Content
