Lilly COO promoted to CEO ahead of coming struggle
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Eli Lilly and Co  said on Tuesday chief executive Sidney Taurel will retire on March 31, turning the reins over to Chief Operating Officer John Lechleiter as the drugmaker prepares for tough times ahead.
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A takeover attempt follows management shakeups at the biopharmaceutical firm.
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Elevator and escalator manufacturer Kone Corp. said Monday that a Nokia executive was appointed as its new chief executive.
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Padcom Inc. has new chief executive officer. Scott A. Stone, the Bethlehem company&#39;s chief operating officer since last year, has been named CEO.
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Health insurer WellPoint Inc.   stands to become the largest company in the United States with  a woman at the helm, naming Executive Vice President Angela  Braly to be its next chief executive.
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NEW YORK, December 9  - Eli Lilly and Co (LLY.NYS) guided to earnings growth in 2005 today, driven by the accelerating sales of its newer drugs.
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Company names Christian Heidelberger CEO as it plans to ramp up sales and development
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At a time when the airlines are facing their most difficult challenges in recent history, they are running through one chief executive after another.
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Sidney Taurel will retire on March 31, Lilly said. John C. Lechleiter, the companyâs president and chief operating officer, will take over as chief executive on April 1.
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Business is booming at Siemens under the new chief executive. Yet the coming trials of some former executives have kept the company operating under a cloud.
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No company benefits more than WellPoint from the current health care mess. New chief executive Angela Braly is trying to put a kind face on this controversial business.
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A management reshuffle is announced just weeks before CEO's insider stock trading case begins in Taiwan.
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The new CEO may want to shed non-strategic parts of the business.
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The Walt Disney Co. said Tuesday it expects to announce a new chief executive by next June after a search that will include both inside and outside candidates to replace Michael Eisner, who is retiring in 2006.
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Starbucks Corp.  on Tuesday promoted the head of its international business to the new post of chief operating officer, part of a slew of management changes focused on the coffee shop chain's rapid global expansion.
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Mitchell Baker has stepped down as the CEO of Mozilla Corporation and said John Lilly, chief operating officer, will take over as CEO. Baker will stay on chairman.
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Drugstore.com has had a tough year, but it has a big believer: its new CEO.