NewsTalk

Welcome to the archives for NewsTalk, an IBJ blog published from November 2007 through December 2010.

Is Lechleiter the fall guy?

April 17, 2008
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CALPERS, the big pension fund, doesnâ??t want Eli Lilly and Co.â??s new CEO, John Lechleiter, to be voted onto the board at Lillyâ??s annual meeting on Monday.

Lechleiter was a high-level player within Lilly in recent years while the companyâ??s stock performed at mediocre levels, CALPERS says.

Is Lechleiter the problem?

Or is he being blamed for any problems that his predecessor, Sidney Taurel, might have created, or even for the overall sluggishness in the pharmaceutical industry?

What do you think?
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