Eli Lilly executive to fill CEO post
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From Times Wire Services
John Lechleiter will become Eli Lilly & Co.’s chief executive, replacing Sidney Taurel, as the company faces the loss of $6.8 billion in sales to generic competition within six years.
Lechleiter, 54, chief operating officer since October 2005, will become president and CEO on April 1. Taurel, 58, who has led Indianapolis-based Lilly since July 1998, will remain chairman until the end of 2008.
