Philip Morris Hires Ex-U.S. Steel General Counsel as Legal Chief
“Philip Morris International Inc. announced Thursday its hire of Suzanne Rich Folsom to head its legal, ethics, and compliance functions as of July 1,” reports Daniel Acker in Bloomberg Law’s Business & Practice.
“Folsom, a former general counsel at U.S. Steel Corp., will succeed Marc Firestone, who Philip Morris said will retire from the global tobacco giant later this year. Firestone joined Philip Morris in 2012, having previously served as general counsel at Kraft Foods Inc., now called Mondelez International Inc.
“Philip Morris said in a statement that Folsom is a ‘results-oriented business leader with decades of broad international experience and a track record of successfully driving transformation within public and private corporations during periods of heightened regulatory and public scrutiny.'”
