Philip Morris Services S.A. Salary Increase Letter to Stacey Kennedy (Effective April 1, 2024)

Contract Categories: Human Resources › Compensation Agreements
Summary

Philip Morris Services S.A. confirms in this letter to Stacey Kennedy that her annual base salary will increase to CHF 810,000, effective April 1, 2024. This represents an 8% raise, with all other employment terms remaining unchanged. The letter is signed by company representatives and serves as an official amendment to her compensation terms.

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EX-10.13 5 pm-ex1013_033123xq1.htm EX-10.13 Document
Exhibit 10.13


PERSONAL AND CONFIDENTIAL




To: Stacey Kennedy                    Lausanne, March 21, 2024




Dear Stacey,

We are pleased to confirm that effective April 1, 2024, your base salary will be increased to
CHF 810'000.- annually, CHF 67'500.-- monthly. This represents a 8.0% increase and the comparatio at your current grade 24 will be 100%.

All other conditions relating to your employment with Philip Morris Services S.A., remain as stated in your employment contract and in any subsequent amendments.



Yours sincerely,


PHILIP MORRIS SERVICES S.A.

/s/ CONSTANTIN ROMANOV
/s/ RALF ZYSK


Constantin Romanov
Ralf Zysk
Vice President Total Rewards
Vice President Labor Relations
Philip Morris Services S.A., Avenue de Cour 107, 1001 Lausanne, Switzerland
T:+41 (58) 242 00 00, F: +41 (58) 242 01 01