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Alonzo Weems to Retire as Executive Vice President of Enterprise Risk Management and Chief Ethics and Compliance Officer Eli Lilly and Company (NYSE: LLY) today announced that Alonzo Weems, executive vice president of enterprise risk management and chief ethics and...

Key Takeaway: Eli Lilly and Company announced the retirement of Alonzo Weems, the executive vice president of enterprise risk management and chief ethics and compliance officer, effective December 31, 2024. Weems has served the company for 27 years and has played a vital role in the organization's strategic guidance and ethical standards. His leadership helped Lilly achieve significant business performance while emphasizing the importance of integrity. The company will seek a successor to fill his role during his remaining time with the company.

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POSITIVE FACTORS

  • Alonzo Weems contributed to strong business performance at Lilly.
  • He has been recognized for enhancing the company's ethical practices.
  • Lilly has been named one of the World's Most Ethical Companies.
  • Weems' expansive career showcases his commitment and leadership.

Full Press Release Details

INDIANAPOLIS , May 15, 2024 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY ) today announced that Alonzo Weems, executive vice president of enterprise risk management and chief ethics and compliance officer, and a member of Lilly's Executive Committee, will retire after 27 years of service with the company, effective Dec. 31, 2024. Weems will continue to serve in his role while the company conducts an internal and external search for a chief ethics and compliance officer.
"Throughout his distinguished career, Alonzo has been a steadfast advocate for our company, providing strategic guidance to our global product development teams and major geographies worldwide," said David A. Ricks, Lilly's chair and CEO. "His collaborative approach with leaders has helped us achieve strong business performance while ensuring we uphold our values. As our chief ethics and compliance officer, Alonzo has championed the enhancement of our digital and data analytics capabilities and fortified our ethics program. His commitment to winning with integrity will leave a lasting legacy, and we thank him for his many years of service."
Weems began his Lilly career in 1997 as an attorney in the global medical and regulatory affairs legal group. Throughout his career, he has held important leadership roles, including general counsel for Lilly Canada , general counsel for Lilly USA and the Biomedicines and Diabetes business units, and vice president and deputy general counsel for the corporate legal functions prior to assuming his current role. Ethisphere recognized Lilly as one of the World's Most Ethical Companies for the eighth year in a row in 2024, underscoring Weems' pivotal role in championing sustained excellence in ethical practices across the organization.
Lilly Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995), including those related to leadership changes and Lilly's strategy, and reflects Lilly's current beliefs and expectations. There can be no assurance that the leadership changes will achieve Lilly's objectives or that Lilly will execute its strategy as planned. For further discussion of risks and uncertainties relevant to Lilly's business, please see Lilly's most recent Forms 10-K and 10-Q filed with the U.S . Securities and Exchange Commission. Lilly undertakes no duty to update forward-looking statements.
Refer to: Jordan Bishop; [email protected] ; 317-473-5712 (Media)
Joe Fletcher; [email protected] ; 317-296-2884 (Investors)
SOURCE Eli Lilly and Company

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Frequently Asked Questions

Who announced their retirement from Eli Lilly?

Alonzo Weems, executive vice president, will retire effective Dec. 31, 2024.

How long did Alonzo Weems serve at Eli Lilly?

Alonzo Weems served Eli Lilly for 27 years.

What role will Alonzo Weems continue to hold until retirement?

Weems will continue as chief ethics and compliance officer until his retirement.

How has Ethisphere recognized Eli Lilly in 2024?

Eli Lilly was named one of the World's Most Ethical Companies for the eighth year.

What are the forward-looking statements about?

They relate to leadership changes and Lilly's business strategy expectations.

Last updated: May 15, 2024