Cigarette company boss plans organic farm in NorthlandCigarette maker Philip Morris's best known brand is Marlboro. Chief executive of tobacco company Philip Morris, Andre Calantzopoulos and his wife Malgorzata have been granted consent by the Overseas Investment Office (OIO) to buy two Northland properties. The CEO of Philip Morris has promised to protect native forest adjoining Puketi Forest in Northland. According to the publication Barron's Asia, in 2014 he owned 695,000 shares in Philip Morris. In an article in the same year, Forbes magazine described him as a "pack-a-day-man" who was spearheading an attempt to move Philip Morris into the lucrative e-cigarette market.

Source: Stuff August 01, 2017 03:15 UTC