INDIANAPOLIS, Aug. 10, 2016 /PRNewswire/ -- Eli Lilly and
Company (NYSE: LLY) today announced Joshua Smiley will be
appointed to senior vice president, Finance, and treasurer
effective October 1. Smiley will
replace Thomas Grein, who will
retire in September after a 41-year career at Lilly.
Smiley currently serves as senior vice president, Finance, and
controller and chief financial officer for Lilly Research
Laboratories (LRL). He will report to Derica Rice, executive vice president, Global
Services, and chief financial officer.
Succeeding Smiley will be Anat Ashkenazi, vice president,
Finance, and chief financial officer for Lilly Manufacturing,
Global Quality and Lilly Diabetes.
Grein has been "a steadfast pillar of leadership in our
financial organization," said Rice, explaining that he helped
navigate the company in periods of both financial prosperity and
uncertainty, including a recent challenging period of patent
expirations to a new era of growth.
"With Tom's guidance, we maintained a strong balance sheet and
cash flow that enabled us to make acquisitions and sustain our
dividend commitment to Lilly shareholders, even when times were
tough," Rice said.
Having worked with Grein and others to craft and execute aspects
of Lilly's financial strategy, Smiley is extremely well prepared
for his new role, Rice said. "Josh's knowledge and skill
helped to place Lilly in a position of strength," he said. "Josh is
a strong analytical and strategic thinker who excels at distilling
complex business matters into clear thoughts and actions."
Smiley has been with Lilly 21 years, serving in a variety of
financial, marketing and Six Sigma roles. He has been in his
current role since 2011 and before that was vice president,
Finance, and chief financial officer for LRL and Lilly Oncology.
Smiley is also a member of the board of trustees at Butler University where he serves as treasurer, as
well as a member of the board and executive committee for the
Indiana Chamber of Commerce.
Ashkenazi joined Lilly 15 years ago. Her career has focused on
finance, corporate strategy, business development and Six Sigma.
Before assuming her current role she was senior director, Finance,
and chief financial officer for Lilly Oncology.
Rice praised Ashkenazi for her strategic thinking, "Anat has a
very effective ability to apply strategy into practical solutions.
Her exposure to many parts of our organization – including R&D,
manufacturing and commercial – combined with her learning agility,
energy and commitment, position Anat well for her new role," he
said.
About Eli Lilly and Company
Lilly is a global healthcare leader that unites caring with
discovery to make life better for people around the world. We were
founded more than a century ago by a man committed to creating
high-quality medicines that meet real needs, and today we remain
true to that mission in all our work. Across the globe, Lilly
employees work to discover and bring life-changing medicines to
those who need them, improve the understanding and management of
disease, and give back to communities through philanthropy and
volunteerism. To learn more about Lilly, please visit us at
www.lilly.com and http://newsroom.lilly.com/social-channels.
C-LLY
Refer to:
Lauren Zierke;
lauren_zierke@lilly.com; 317-277-6524
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SOURCE Eli Lilly and Company