Jacek Olczak Biography and Net Worth

Mr. Olczak was appointed Chief Executive Officer of Philip Morris International (PMI) in May 2021. Prior to this appointment, he served as PMI’s Chief Operating Officer from January 2018, having formerly been Chief Financial Officer, beginning in August 2012. Mr. Olczak is committed to delivering PMI’s smoke-free future and expanding the company’s product portfolio beyond nicotine. He has been a key driver of the company’s commercial transformation, turning a primarily business-to-business company into an increasingly business-to-consumer company.

Throughout his nearly three-decade career with PMI, Mr. Olczak has established deep institutional and industry knowledge and awareness of PMI’s products, systems, and values—as well as a comprehensive understanding of the regulatory environment in which PMI operates. Mr. Olczak began his career with PMI in 1993. He started in finance and general management positions across Europe, including as Managing Director of PMI’s markets in Poland and Germany and as President of the European Union Region, before being appointed Chief Financial Officer in 2012.

Prior to joining PMI, Mr. Olczak worked for BDO Binder. Mr. Olczak holds a master’s degree in economics from the University of Lodz, Poland.