Michael Miles
| This article is a stub. You can help by expanding it. |
{{#badges: tobaccowiki}} Michael Miles Michael Miles was CEO for Philip Morris. (PMI's Introduction to Privilege Log and Glossary of Names, Estate of Burl Butler v. PMI, et al, April 19, 1996).
Biography
Michael Miles was Chairman and Chief Executive of Kraft General Foods/Kraft Inc. when Philip Morris acquired it in 1988.(Reuters 6/20/94, DJ 6/21/94) Miles became Chairman and CEO of Philip Morris Companies Inc. in August 1991.(Reuters 6/20/94, DJ 6/21/94) Miles took over as CEO after running the company's food business.(U.S. News 4/18/94) Miles' base salary and bonus in 1992 was $1.8 million, in 1993 it was $1.3 million.(WSJ 6/3/94)
A nonsmoker, Miles quit smoking years ago.(Brown & Williamson 6/13/94, U.S. News 4/18/94). Miles is methodical, the first nonsmoker to run Philip Morris. If the company is split, it is speculated that Miles would return to the food industry.(WSJ 6/3/94) Miles strongly supported spinning off tobacco operations.(Brown & Williamson 6/13/94) Miles resigned as Chairman and CEO of Philip Morris in June 1994. Geoffrey C. Bible was named president and CEO and R. William "Bill" Murray was named chairman (Reuters 6/20/94).
<tdo>resource_id=3530 resource_code=miles_michael search_term=Michael Miles</tdo>
