Lilly Makes Leadership Changes

Posted: Updated:

Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced several changes in executive leadership. They include a new chief financial officer and a new president for Lilly Research Labs. All of the changes will go into effect in 2018.

Lilly has promoted Josh Smiley to senior vice president and CFO, effective January 1. Smiley succeeds Derica Rice, who announced in June he would retire at the end of the year. Smiley will also join the company's executive committee.

Dan Skovronsky has been promoted to senior vice president for science and technology and president of Lilly Research Labs, effective June 1. He succeeds Jan Lundberg, who will retire in May after eight years with Lilly.

The company has also promoted Myles O'Neill to senior vice president and president of manufacturing operations, effective January 1. He succeeds Maria Crowe, who is retiring in December after 35 years with Lilly, during which she served in several roles throughout the world.

Finally, Aarti Shah, the current senior vice president and chief information officer for Lilly, will join the company's executive committee beginning January 1. Lilly says it is critical to have the company's IT chief report director to the chief executive officer "given the role digital technology and analytics will play in the future of healthcare."

"Joining our executive team are individuals who have the experience, expertise and leadership skills to build on our momentum of innovation driven volume growth," said CEO David Ricks. "Importantly, this team will help us maintain focus as we work to bring forward new medicines in diabetes, cancer, immunology, neurodegeneration and pain and change the path of serious disease."

Ricks also thanked Rice, Crowe and Lundberg for their service to the company, saying "they've been a key part of our success over the last decade and today."

  • Perspectives

    • 5 Spring Cleaning Tips For Your Social Media

      We're finally there. Spring. And that I find... exciting! So, when thinking about spring, then spring cleaning, consider your social media clean up as well. When I read this week that an average brand has over 250 digital experiences now to manage online, if you have any type of digital footprint, you may not be far behind. Here are some tips to clean out and dust off that social media stuff.



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • 16 Tech estimates the first phase of development will create more than 2,600 jobs over 10 years.

      16 Tech Takes Big Steps Forward

      Indianapolis' 60-acre innovation community has announced two major boosts. The 16 Tech Community Corp. has landed a $38 million grant from Lilly Endowment Inc. to fund its initial development phase.The organization has also announced its first development agreement. The deal calls for Indianapolis-based Browning to construct three new buildings and renovate a facility as part of a $120 million investment. 16 Tech Community Corp. says the three-year grant sets the stage for...

    • Holcomb Names Workforce Council Chair

      Governor Eric Holcomb has made some leadership changes within his administration. The governor has selected Danny Lopez, who currently serves as his deputy chief of staff, as chairman of the new Governor's Workforce Council.

    • IoT Lab Opens With Eyes on Future

      The founder of the Indiana IoT Lab says the innovation and collaboration space is focused on an industry that will "future-proof" Hoosier businesses. John Wechsler says companies that are dialing into the Internet of Things are playing in a sector that is forecast to grow to $2.2 trillion. The facility Wednesday night hosted more than 700 at a grand opening event. Wechsler said some of the state's trademark industries will be "radically affected" by...

    • (photo courtesy Tow Yard Brewing Co.)

      Tow Yard Brewing Looking For Buyer

      Tow Yard Brewing Co. in Indianapolis is looking for a new owner. The company, which filed for Chapter 11 bankruptcy protection in January, plans to auction off all of its equipment at a court-ordered auction next month, unless a buyer comes forward to acquire the brewery. 

    • Toyota Supplier Planning Growth in Princeton

      Princeton-based Vuteq USA Inc. has announced plans to build a new facility in Gibson County. The Gibson County Economic Development Corp. has confirmed to Inside INdiana Business the company, which makes components for Toyota vehicles, will invest $27 million to construct a new support center and plant, which would employ 400 people by 2022. Vuteq currently has a plant located just north of Toyota Motor Manufacturing Indiana in Princeton.