Robert B. Polet, former chairman and CEO of Gucci Group, to join Philip Morris' board of directors
Michelle Rivera
NEW YORK
,
September 13, 2011
(Associated Press)
–
Robert B. Polet is joining the board of Philip Morris International Inc., the cigarette maker said Tuesday.
Polet, 56, served as chairman, CEO and president of Gucci Group NV from 2004 until March. Prior to that he worked at Unilever Group for 26 years in various roles including president of Unilever's worldwide ice cream and frozen foods unit.
With the addition of Polet, Philip Morris' board will have a total of 11 members.
Shares of the company, which sells Marlboro and other brands outside of the United States, fell 15 cents to $65.87 in afternoon trading Tuesday.
© 2024 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.