A view of Google Headquarters in Mountain View, California, United States on April 16, 2024.
Tayfun Coskun | Anadolu | Getty Images
Eli Lilly CFO Anat Ashkenazi will become Alphabet’s new chief financial officer effective July 31, Google’s parent company announced Tuesday, almost a year after Alphabet first announced current CFO Ruth Porat would move to a new role as president and chief investment officer.
Ashkenazi has had a 23-year career at Eli Lilly, which in a separate release confirmed her departure.
“We’re very pleased to have found such a strong CFO, with a track record of strategic focus on long-term investment to fuel innovation and growth,” Alphabet CEO Sundar Pichai said in a release.
Ashkenazi joined Eli Lilly in 2001 and had been CFO since 2021. She will continue to serve on the pharmaceutical company’s executive committee until her departure.
She previously served as a CFO for several of the company’s global business areas, helping to manage the revenue windfall from Eli Lilly’s weight loss and diabetes drugs.
Porat had nearly three-decade career as as an investment banker at Morgan Stanley, culminating as its CFO, before joining Google in 2015.
— CNBC’s Annika Kim Constantino contributed to this report.
This is breaking news. Please check back for updates.
