View of Google Headquarters in Mountain View, California, United States on April 16, 2024.
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Eli Lily CFO Anat Ashkenazi will be The alphabet new chief financial officer effective July 31, Google parent company announced Tuesday, almost a year after Alphabet first announced the current CFO Ruth Porat will move to a new role as president and chief investment officer.
Ashkenazi has a 23-year career at Eli Lilly, which in a separate release confirmed her departure.
“We are very pleased to have found a strong CFO, with a track record of strategic focus on long-term investments to drive innovation and growth,” Alphabet CEO Sundar Pichai said in a release.
Ashkenazi joined Eli Lilly in 2001 and will be its CFO from 2021. He will continue to serve on the pharmaceutical company’s executive committee until his departure.
He previously served as CFO for several of the company’s global business areas, helping to manage the fortunes of Eli Lilly’s weight loss and diabetes drugs.
Porat had a nearly three-decade career as an investment banker at Morgan Stanley, where he served as CFO, before joining Google in 2015.
– CNBC’s Annika Kim Constantino contributed to this report.
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