Philip Morris (Pakistan) Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ali Takesh

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	4yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO

Ali Takesh

less than a year

Tenure

Mr. Ali Takesh is Chief Executive Officer of Philip Morris (Pakistan) Limited from August 1, 2024 and serves as its Managing Director since September 2024.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ali Takesh	CEO & MD	less than a year	no data	no data
Muhammad Zeeshan	CFO & Executive Director	5.8yrs	no data	0% PKR 0
Muneeza Kazi	Head of Legal & Assistant General Counsel of West Asia II	no data	no data	no data
Andleeb Ahmed	Head of Communications	no data	no data	no data
Muhammad Mansuri	Head of Marketing	no data	no data	no data
Jay Ramos	Director of People & Culture	no data	no data	no data
Irshad Khan	Head of Leaf	no data	no data	no data
Salman Ali Khan	Head of Operations Customer Service	no data	no data	no data
Soban Farooq	Head of Strategy & Program Delivery	no data	no data	no data
Sana Hashmi	Company Secretary	4yrs	no data	no data

4.0yrs

Average Tenure

Experienced Management: PMPK's management team is considered experienced (4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Muhammad Zeeshan	CFO & Executive Director	5.8yrs	no data	0% PKR 0
Sarfaraz Rehman	Independent Chairman of the Board	1.1yrs	no data	0% PKR 0
Junaid Iqbal	Independent Director	2.6yrs	no data	0% PKR 0
Pattaraporn Auttaphon	Non-Executive Director	5.4yrs	no data	0% PKR 0
Peter Stefan Calon	Director	less than a year	no data	no data
Mirza Baig	Independent Director	4.1yrs	no data	0% PKR 0

3.3yrs

Average Tenure

Experienced Board: PMPK's board of directors are considered experienced (3.3 years average tenure).

Philip Morris (Pakistan) Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Philip Morris (Pakistan) Limited Appoints Sarfaraz Ahmed Rehman as Chairman of the Board

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

New major risk - Earnings quality

Third quarter 2024 earnings released: PK₨1.84 loss per share (vs PK₨4.66 profit in 3Q 2023)

Investor sentiment improves as stock rises 21%

New minor risk - Market cap size

New major risk - Earnings quality

Second quarter 2024 earnings released: EPS: PK₨1.56 (vs PK₨0.13 loss in 2Q 2023)

Investor sentiment deteriorates as stock falls 17%

First quarter 2024 earnings released: EPS: PK₨7.11 (vs PK₨6.16 in 1Q 2023)

Less than half of directors are independent

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: PK₨6.17 (vs PK₨30.33 in FY 2022)

New major risk - Share price stability

Less than half of directors are independent

Philip Morris (Pakistan) Limited Appoints Sarfaraz Ahmed Rehman as Chairman of the Board

Third quarter 2023 earnings released: EPS: PK₨4.66 (vs PK₨13.68 in 3Q 2022)

Investor sentiment improves as stock rises 24%

Investor sentiment improves as stock rises 20%

Second quarter 2023 earnings released: PK₨0.13 loss per share (vs PK₨6.23 profit in 2Q 2022)

Investor sentiment improves as stock rises 19%

First quarter 2023 earnings released: EPS: PK₨6.16 (vs PK₨18.67 in 1Q 2022)

Investor sentiment deteriorates as stock falls 21%

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: PK₨13.68 (vs PK₨5.70 in 3Q 2021)

Upcoming dividend of PK₨1.00 per share

Less than half of directors are independent

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: PK₨6.23 (vs PK₨16.26 in 2Q 2021)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Philip Morris (Pakistan) Limited, Annual General Meeting, Apr 18, 2022

Now 24% undervalued after recent price drop

Now 21% undervalued after recent price drop

Third quarter 2021 earnings released: EPS PK₨5.70 (vs PK₨9.35 in 3Q 2020)

Less than half of directors are independent

Second quarter 2021 earnings released: EPS PK₨16.26 (vs PK₨14.47 in 2Q 2020)

First quarter 2021 earnings released: EPS PK₨11.67 (vs PK₨5.87 in 1Q 2020)

Full year 2020 earnings released: EPS PK₨16.76 (vs PK₨32.15 loss in FY 2019)

New 90-day low: PK₨1,400

Upcoming Dividend of PK₨10.00 Per Share

New 90-day low: PK₨1,410

Philip Morris Pakistan Limited Announces Change of Company Secretary

New 90-day low: PK₨1,440

New 90-day low: PK₨1,520

First half earnings released

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure