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Moeller replaces Karen Walker, who will resign as of December 31, 2024.
November 22, 2024
By: Rachel Klemovitch
Assistant Editor
Eli Lilly and Company, a medicine company, has elected Jon Moeller as a new member of its board of directors, effective December 1, 2024. Moeller will serve on the Lilly Audit Committee and the Directors and Corporate Governance Committee and will stand for election by Lilly shareholders at the company’s annual meeting in May 2026. Moeller is the chairman of the board, president, and chief executive officer of Procter & Gamble (P&G). He has served as a part of P&G’s leadership team for more than two decades and has held key positions within finance, business, and strategy functions, serving as vice chairman, chief financial officer, and chief operating officer, with responsibility for the company’s developing markets and global operations. He also serves on the boards of the Business Roundtable, the Consumer Goods Forum, and Catalyst, a global non-profit accelerating progress for women through workplace inclusion. David A. Ricks, Lilly chair and CEO, commented, “I am honored to welcome Jon Moeller to our board of directors. As the CEO of an iconic American company with global reach, Jon brings deep expertise in driving strategic and operational excellence at scale. His long-standing success in leading a consumer-centric organization and providing expert counsel will offer valuable perspective to our board.” The company also announced that Karen Walker will resign as a member of Lilly’s board of directors effective December 31, 2024. In 2025, Walker will collaborate with Lilly on certain digital commercial activities. Walker has served on Lilly’s board since 2018, including as a member of the board’s Audit and Talent and Compensation Committees. She has brought her unique experience in brand-building and go-to-market strategy to the board during a period of significant growth for Lilly, serving as an active mentor to many of Lilly’s leaders and providing valuable insight on talent development. Ricks added, “Karen has been an instrumental part of Lilly’s board during her tenure, and on behalf of the entire board, I thank her for her guidance, mentorship and insights during this important period in Lilly’s history. We are grateful that she will continue to contribute to Lilly’s growth as we scale our digital and commercial capabilities.” The board and executive committee have valued her perspective as an operating partner with The Goldman Sachs Group and as the former chief marketing officer of both Intel Corporation and Cisco Systems. The board also has benefited from her understanding of technology strategy.
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