COVID Stimulus Watch Individual Entry

Recipient Company:
Philip Morris International Inc
Loan or Loan Guarantee Amount:
$2,245,887

Recipient Details

Ownership Structure: publicly traded (ticker symbol PM)

Award Details

Award Date: Nov 6, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Philip Morris International
Headquartered in: New York
Parent Sector: tobacco
Parent Industry: tobacco
Employees (prior to pandemic): 73,500

Accountability Issues Since 2010

Employment icon
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Contracting icon
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Environment icon
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ConsumerProt icon
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CEOpay icon
Ratio of CEO Pay to that of Median Worker: 1156 to 1
CEO Compensation: $22,125,060
Worker Median Pay: $19,134
Tax icon
Good Jobs First has no data in this category

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues