Alphabet Taps Eli Lilly Executive as New CFO Replacing Porat

  • Porat stays on as president, chief investment officer
  • Anat Ashkenazi takes over amid expensive push into AI
Alphabet Names Eli Lilly Executive Ashkenazi as CFO
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Alphabet Inc. named Eli Lilly & Co. executive Anat Ashkenazi as its new chief financial officer, replacing Ruth Porat who announced last year she planned to step down.

Ashkenazi, 51, has served as CFO and executive vice president at the drug maker, where she worked for more than 23 years, Alphabet said in a filingBloomberg Terminal Wednesday morning. Her new position is effective July 31.