Lilly appoints insider as finance chief amid rising investments to boost capacity

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Lilly appoints insider as finance chief amid rising investments to boost capacity
Anat AshkenaziChief Financial OfficerLucas Montarce
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U.S. drugmaker Eli Lilly on Monday said it has appointed insider Lucas Montarce as its new chief financial officer, effective immediately, months after...

- U.S. drugmaker Eli Lilly on Monday said it has appointed insider Lucas Montarce as its new chief financial officer , effective immediately, months after former CFO Anat Ashkenazi stepped down to join Google parent Alphabet.

Shares of the company were flat in afternoon trading. The Indianapolis-based drugmaker is already the world's most valuable healthcare company, primarily due to the high demand for its weight-loss treatments. "Lucas was very much groomed probably to be the next CFO," Wagner said, pointing to Montarce's experience being similar to Ashkenazi's within the company.

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