Lechleiter returns to Lilly
Eli Lilly and Co. has announced that John C. Lechleiter, Ph.D., has returned to his duties as chairman, president, and CEO. Dr. Lechleiter had been on medical leave since his scheduled surgery for a dilated aorta on May 13, 2013. His surgery and recovery were successful and he has been cleared by his personal physician and the company’s employee health services physician to return to full-time work.
“I am overwhelmed and humbled by the tremendous support and well-wishes I have received from my friends and fellow Lilly colleagues around the world,” Dr. Lechleiter says “I return to Lilly with renewed energy and enthusiasm, along with a new perspective on health and wellness and the critical importance of new medicines in advancing patient care. I want to thank and acknowledge Derica Rice for the important role he played during my absence, as well as Ellen Marram for her leadership of the Lilly board.”
Derica Rice will continue in his role as executive VP, global services and chief financial officer. Rice had assumed the additional role of acting CEO during Lechleiter’s medical leave. Ellen Marram will continue in her role as the board’s lead independent director after serving as acting chairperson of the board of directors during Dr. Lechleiter’s medical leave.
Dr. Lechleiter has served as president and CEO of Lilly since April 1, 2008. He became chairman of the board of directors on January 1, 2009. He first joined Lilly in 1979 as a senior organic chemist in process research and development.
Mr. Rice was promoted to executive VP, global services and chief financial officer, effective January 1, 2010. Before becoming Lilly’s CFO in 2006, Mr. Rice had been VP and controller since July 2003. He first joined the company in 1990 as an international treasury associate.
Ms. Marram is president of the Barnegat Group LLC, a company that provides business advisory services. She has been a member of the board of directors of Lilly since 2002 and was elected lead independent director effective April 2012.
Posted: August 2013