Eli Lilly and Company CFO Derica Rice Assumes Expanded Responsibilities, Promoted to Executive Vice President

INDIANAPOLIS, Dec. 18 /PRNewswire-FirstCall/ -- Eli Lilly and Company today announced that Derica Rice, senior vice president and chief financial officer for Lilly, has assumed expanded responsibilities and has been promoted to executive vice president, global services and chief financial officer, effective January 1.

“Derica has demonstrated strong leadership and outstanding results during his 19-year career at Lilly,” said Lilly Chairman, President and CEO John Lechleiter, Ph.D. “Derica, in his new role, will help ensure that these important functions, aligned with our global services design effort, continue to provide needed support to our business units and our key functions in the most efficient and effective way possible.”

Born in Decatur, Alabama, Rice received a bachelor’s degree in electrical engineering from Kettering University (formerly the GMI Engineering & Management Institute) in 1988 and a master’s degree in business administration in 1990 from Indiana University.

About Eli Lilly and Company

Lilly, a leading innovation-driven corporation is developing a growing portfolio of pharmaceutical products by applying the latest research from its own worldwide laboratories and from collaborations with eminent scientific organizations. Headquartered in Indianapolis, Ind., Lilly provides answers - through medicines and information ? for some of the world’s most urgent medical needs. Additional information about Lilly is available at www.lilly.com.

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Photo: http://www.newscom.com/cgi-bin/prnh/20031219/LLYLOGOEli Lilly and Company

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