-
North Korea Flag Spotted on Ukraine Battlefield—Everything We Know - 20 mins ago
-
10 best hotels in Rhodes 2024 - 22 mins ago
-
James Webb Space Telescope Uncovers Inside-Out Galaxy 700 Million Years After Big Bang - 23 mins ago
-
There is no reason for India to participate in Commonwealth Games - 25 mins ago
-
Couple wed after groom injured by best man at rugby stag do - 29 mins ago
-
Vladimir Putin hosts Brics summit to show West pressure not working - 30 mins ago
-
Teen Crime Is on the Rise. Our Bipartisan Bill Can Help | Opinion - 39 mins ago
-
Ray Parks, Kai Sotto suffer respective losses - 41 mins ago
-
Yacyretá dam crossing between Argentina and Paraguay to fully reopen next month — MercoPress - 43 mins ago
-
London detective creates orchestra for emergency workers - 44 mins ago
Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO
A view of Google Headquarters in Mountain View, California, United States on April 16, 2024.
Tayfun Coskun | Anadolu | Getty Images
Eli Lilly CFO Anat Ashkenazi will become Alphabet’s new chief financial officer effective July 31, Google’s parent company announced Tuesday, almost a year after Alphabet first announced current CFO Ruth Porat would move to a new role as president and chief investment officer.
Ashkenazi has had a 23-year career at Eli Lilly, which in a separate release confirmed her departure.
“We’re very pleased to have found such a strong CFO, with a track record of strategic focus on long-term investment to fuel innovation and growth,” Alphabet CEO Sundar Pichai said in a release.
Ashkenazi joined Eli Lilly in 2001 and had been CFO since 2021. She will continue to serve on the pharmaceutical company’s executive committee until her departure.
She previously served as a CFO for several of the company’s global business areas, helping to manage the revenue windfall from Eli Lilly’s weight loss and diabetes drugs.
Porat had nearly three-decade career as as an investment banker at Morgan Stanley, culminating as its CFO, before joining Google in 2015.
— CNBC’s Annika Kim Constantino contributed to this report.
This is breaking news. Please check back for updates.
Source link