Eli Lilly and Company announced in a press release on Monday that it is appointing Lucas Montarce as its new executive vice president and chief financial officer, effective immediately.
"I am committed to building on our strong financial foundation and helping drive continued success as we expand our global footprint and deliver long-term value to our stakeholders," Montarce stated and added that he was "honored" to take up this new position at the pharmaceutical company. The incoming CFO joined Eli Lilly back in 2001, and his previous position at the company was as the president and general manager of Eli Lilly's Spain, Portugal, and Greece hubs.
The departure of the previous CFO, Anat Ashkenazi, was announced back in June. Ashkenazi left Eli Lilly to join Google and Alphabet as its new senior vice president and CFO.