Fortune Asks Cowen Partners About Eli Lilly’s new CFO
Eli Lilly’s new CFO is a 23-year company veteran—showing how pharma firms rely on a ‘deep bench of qualified talent’
The pharmaceutical industry, in general, can be complex with many challenges.
“Large pharmaceutical companies often prioritize promoting internal candidates for executive roles to ensure continuity and leverage institutional knowledge,” Shawn Cole, president and founding partner of Cowen Partners, a C-suite-focused executive search firm, told me.
“Their size allows them to build a deep bench of qualified talent.” Cole added, though, that pharma firms may also bolster their team with external hires from competitors to gain fresh perspectives.
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