Regulatory filings have revealed that Philip Morris International (NYSE:PM)’s CEO earned $21.6 million in 2010.

Philip Morris International (NYSE:PM) CEO Pay Down

Cigarette-maker Philip Morris International (NYSE:PM) paid its CEO, Louis Camilleri, $21.6 million in 2010, a lower figure than the $29 million he earned in 2009.

Camilleri got a salary of $1.7 million, a bonus of $7.8 million and stock awards worth $10.6 million.

According to a proxy statement filed with the SEC, the drop of 25% was mostly due to a change in pension value and stock awards. Last year Philip Morris International (NYSE:PM) saw its net income rise 14.5 percent to $7.26 billion and its net revenue excluding excise taxes grew 8.7 percent to $27.2 billion.

Philip Morris International (NYSE:PM) shares were at 64.93 at the end of the last day’s trading. There’s been a 10.9% change in the stock price over the past 3 months.

Philip Morris International (NYSE:PM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.55
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.41
Zack’s Rank: 2 out of 9 in the industry