Supplemental letter to the Employment Agreement with Stefano Volpetti, effective April 1, 2023
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EX-10.2 3 pm-ex102_063023xq2.htm EX-10.2 Document
Exhibit 10.2
PERSONAL AND CONFIDENTIAL
To: Mr. Stefano Volpetti Lausanne, March 31, 2023
Dear Stefano,
We are pleased to confirm that effective April 1, 2023, your base salary will be increased to
CHF 950’001.-- annually, CHF 73’077.-- monthly. This represents a 5.55% increase and the comparatio at your current grade 25 will be 104%.
CHF 950’001.-- annually, CHF 73’077.-- monthly. This represents a 5.55% increase and the comparatio at your current grade 25 will be 104%.
All other conditions relating to your employment with Philip Morris Products S.A. remain as stated in your employment contract and in any subsequent amendments.
Yours sincerely,
PHILIP MORRIS PRODUCTS S.A.
| /s/ CONSTANTIN ROMANOV | /s/ RALF ZYSK | ||||
Constantin Romanov Global Head of Total Rewards | Ralf Zysk Global Head of Labor Relations | ||||
Philip Morris Products S.A., Avenue de Rhodanie 50, 1007 Lausanne, Switzerland
T:+41 (58) 242 00 00, F: +41 (58) 242 01 01
