BUZZ-Lilly rises after appointing insider Lucas Montarce as finance chief

Reuters09-09

** Shares of Eli Lilly rise 1.47% to $916 premarket

** Co appoints insider Lucas Montarce as chief financial officer

** Montarce, who joined Lilly in 2001, has held a range of finance leadership roles within the company, including head of finance for Lilly Research Laboratories

** The appointment comes after former CFO Anat Ashkenazi stepped down in June to join Google parent Alphabet

** Up to last close, stock up ~55% this year

(Reporting by Sriparna Roy in Bengaluru)

((Sriparna.Roy@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment