Bio Box: Eli Lilly CEO John Lechleiter
Stock quotes in this article:
LLY
The Associated Press
Name: John C. Lechleiter (LEK'-leye-ter) Occupation: chairman, president and CEO of Eli Lilly and Co. Age: 56 Home: Indianapolis Family: Wife Sarah; three grown children, Dan, Andrew and Elizabeth Education: Bachelor of science degree in chemistry from Xavier University, master's and doctorate from Harvard University Work history: Replaced Sidney Taurel as CEO on April 1, 2008 Served as president, chief operating officer from 2005 to 2008 Started at Lilly in 1979 as a senior organic chemist trying to improve the company's method for making a herbicide. 2008 compensation total value: $10.6 million. Includes $1.3 million salary, $2.7 million performance bonus and options valued at $6.5 million on grant date Quote: "The approach this industry has taken historically to discovering and developing drugs is broken." Just for fun: Lechleiter walks more than a mile to work every day from his downtown Indianapolis condo. It gives him a chance to think about the day and then decompress on the way home. He also golfs. "I'm not a very good golfer, but I love to play golf because at its worst, its a great excuse to take a nice four-hour walk."- Loading Comments...
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