In 1919 George J. Whelan, along with fellow shareholders Reuben M. Ellis and Leonard B. McKitterick, acquired the American division of the company and created Philip Morris & Co. Ltd., Inc.
George J. Whelan bought the American division of the company in 1919 and created Philip Morris & Co. Ltd., Inc., along with fellow shareholders Reuben M. Ellis and Leonard B.
"[5] In 1933, the company and its advertising agency, Milton Biow, searched for a "living trademark" to represent their brand, and chose Johnny Roventini, a midget bellhop at the Hotel New Yorker.
In 1955, Philip Morris became an alternate sponsor with Procter & Gamble, eventually bowing out altogether by the end of that year.
[5] Although it had begun investing in the homebuilder by 1969, Philip Morris purchased Southern California's Mission Viejo Company in its entirety for $52 million during 1972.
[7] In the 1970s, in response to smokers' health concerns, Philip Morris introduced the "Light" cigarette — which was later found to be no safer than any others.
[9] In 2002, Miller Brewing and South African Breweries became SABMiller, the second-largest maker of beer in the world, though Philip Morris kept an interest in the merged company.
[13] Philip Morris USA brands include Marlboro, Virginia Slims, Benson & Hedges, Merit, Parliament, Alpine, Basic, Cambridge, Bucks, Dave's, Chesterfield, Collector's Choice, Commander, Lark, L&M, and Players.
In 1994, CEO William Campbell lied under oath to Congress about the addictive properties of nicotine, while knowing that cigarettes caused negative health effects to consumers.