Supplemental Letter to the Employment Agreement (as amended) with Andr Calantzopoulos
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Human Resources
- Employment Agreements
EX-10.25 6 pm-ex1025_123120xq4.htm EX-10.25 Document
Exhibit 10.25
PERSONAL AND CONFIDENTIAL
To: Mr. André Calantzopoulos
Lausanne, March 25, 2020
Dear André,
We are pleased to confirm that effective April 1, 2020, your base salary will be increased to CHF 1’570’010.- annually, CHF 120’770.-- monthly. This represents a 3.8% increase.
All other conditions relating to your employment with Philip Morris Products S.A., formerly Philip Morris International Management SA, remain as stated in your employment contract and in any subsequent amendments.
Yours sincerely,
PHILIP MORRIS PRODUCTS S.A.
/s/ DAMIEN HIROUX
| Damien Hiroux | ||
Head of People Sustainability, People & Culture Switzerland | ||
Philip Morris Products S.A., Avenue de Rhodanie 50, 1007 Lausanne, Switzerland
T:+41 (58) 242 00 00, F: +41 (58) 242 01 01
