New president for Philip Morris Fortune Tobacco

The Philippines’ Philip Morris Fortune Tobacco Corp. (PMFTC) has named a new president to take over from Paul Riley, according to an ABS-CBN News story.

The company said that Roman Militsyn would take over as the new president on August 16.

Militsyn has been managing director of Philip Morris’ affiliate in Argentina since 2011. He started working for Philip Morris in 1994.

Riley, who will transfer to Philip Morris International, Japan, this month, will be assisting Militsyn during the transition period.