Pfizer Finds New CFO
Pfizer
(PFE) - Get Pfizer Inc. Report
said Wednesday that it has hired Frank D'Amelio as its new chief financial officer, effective in mid-September.
D'Amelio replaces Alan Levin, who
announced his resignation in May.
Since 1979, D'Amelio has worked in the telecommunications field. Most recently, he was senior executive vice president and chief administrative officer at
Alcatel-Lucent
(ALU)
.
He was chief financial officer at Lucent for five years and was briefly chief operating officer before Lucent merged with Alcatel. He started in 1979 at AT&T Bell Labs.
Pfizer is
one of several major drugmakers, including
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Merck
(MRK) - Get Merck & Co., Inc. (MRK) Report
,
Wyeth
(WYE)
and
Amgen
(AMGN) - Get Amgen Inc. Report
, that have announced new CFOs in recent months.
AstraZeneca
(AZN) - Get Astrazeneca PLC Sponsored ADR Report
is
searching for a new CFO to replace Jon Symonds, who left in July.
