Philip Morris International reported the appointment of Jennifer Motles to the position of Chief Sustainability Officer, effective November 1, 2020. Motles will succeed current CSO Huub Savelkouls, who will retire after almost three decades of distinguished service. Motles will report to the company's CFO, Emmanuel Babeau, as it is increasingly recognized by both companies and investors that fully integrating environmental, social, and governance (ESG) drivers into business strategy can significantly enhance both the sustainability agendas and financial performance.