| Business Summary | | Philip
Morris
Companies
Inc.
is
a
holding
company
whose
principal
wholly
owned
subsidiaries,
Philip
Morris
Incorporated,
Philip
Morris
International
Inc.,
Kraft
Foods
Inc.
and
Miller
Brewing
Company,
are
engaged
in
the
manufacture
and
sale
of
various
consumer
products.
A
wholly
owned
subsidiary
of
the
Company,
Philip
Morris
Capital
Corporation,
engages
in
various
leasing
and
investment
activities.
The
company's
significant
industry
segments
are
domestic
tobacco,
international
tobacco,
North
American
food,
international
food,
beer
and
financial
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Philip
Morris
is
a
holding
company
whose
principal
subsidiaries
are
engaged
in
the
manufacture
and
sale
of
various
consumer
products,
including
cigarettes,
packaged
and
processed
foods,
and
beverages.
For
the
six
months
ended
6/30/01,
revenues
rose
11%
to
$45.55
billion.
Net
income
before
accounting
change
fell
3%
to
$4.07
billion.
Revenues
reflect
increased
domestic
tobacco
prices.
Earnings
were
offset
by
higher
marketing
and
litigation-related
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Geoffrey Bible, 63 Chairman,
CEO | $13.7M | $3.7M | William Webb, 61 Vice
Chairman, COO | 7.6M | 334K | Louis Camilleri, 46 CFO,
Sr. VP | 6.8M | -- | Roger Deromedi, 47 Director
and Co-CEO of Kraft Foods Inc.; and Pres and Chief Exec. Offic | -- | -- | Betsy Holden, 45 Director
and Co-CEO of Kraft Foods Inc.; and Pres and Chief Exec. Offic | -- | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|