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Form 8-K · Current Report · Filed 2024-07-10

Eli Lilly Announces CFO Resignation and Interim Replacement

On June 5, 2024, Eli Lilly and Company announced the resignation of Anat Ashkenazi, its executive vice president and chief financial officer, effective July 15, 2024.

Filer
Eli Lilly and Company LLY · NYSE
Filed
Accession
0000059478-24-000164
CIK
0000059478
Signal
High impactHealthcare

Details

Gordon Brooks, currently the group vice president, controller, and corporate strategy, will assume the role of interim chief financial officer. Ms. Ashkenazi will remain with the company until the end of July 2024 to facilitate a smooth transition. Mr. Brooks, with 29 years of experience at Eli Lilly, has held various leadership roles in finance, including chief procurement officer.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CFO Resignation New CFO Appointed

Market reaction

Close before filing

$932.50

Next session

+0.2%

Since filing

+23.2%

Latest close

$1,148.84

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Precedent

Previous filings from LLY reporting the same item, with the next session's move:

About Eli Lilly and Company

Eli Lilly and Company is a renowned pharmaceutical corporation that engages in the discovery, development, manufacturing, and marketing of pharmaceutical products worldwide. The company's core purpose is to create high-quality medications that address significant medical needs in areas such as oncology, immunology, neuroscience, and endocrinology. Eli Lilly is particularly noted for its pioneering work in diabetes care with products like insulin and for its innovative approach to treating complex health conditions. With a history dating back to 1876, the Indianapolis-based company blends scientific innovation with a commitment to improve patient outcomes. Eli Lilly’s role in the financial markets is significant due to its contributions to healthcare advancements and its influence on global pharmaceutical trends. The company's robust pipeline and emphasis on research and development underscore its potential to impact healthcare solutions and deliver sustainable growth. Its products and services are marketed globally, underlying its importance in the biopharmaceutical industry.

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