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The Day - Philip Morris, a tobacco icon trying to kick smoking, moving to Connecticut - News from southeastern Connecticut


Published June 22. 2021 8:19PM 
MARK PAZNIOKAS, The Connecticut Mirror
Philip Morris International, the Big Tobacco icon struggling to reinvent itself as a purveyor of e-cigarettes, is moving its headquarters to Connecticut from its home adjacent to Grand Central Terminal in New York.
The publicly traded company announced the move Tuesday before trading opened on the New York Stock Exchange, where its stock price inched above $100 on Monday. The news was highlighted at a panel discussion attended by Gov. Ned Lamont in Stamford.
Corporate relocations from another state normally are cause for unvarnished celebration, but Lamont is welcoming a company whose legacy products have made the brand a public health pariah, responsible for the largest source of preventable death in the world. ....

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