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John C. Lechleiter

American businessman and chemist

John C. Lechleiter (born 1952) is an American businessman and chemist. He served as president, chief executive officer, and chairman of the board of directors of Eli Lilly and Company from April 2008 to December 2016.2

From Wikipedia’s article on John C. Lechleiter (this version), CC BY-SA 4.0.

Born Aug 17, 1952.1

Companies

Holdings

Stock this person has reported owning, from the forms officers and directors file with the SEC. See the biggest insider stakes.

Shares held

As of each latest filing. The line shows shares held over time.

Recent filings

Trade performance

Ranked 62 on our insider buyers board: 6 scored buys, a median of +1.4% against the S&P 500 a year later, and 50% beating it.

DateStockTradeValueReturn sinceVs S&P sinceVs S&P, 1 year
Mar 16, 2020FBuy$51.0K+148.1%−73.7%+84.2%
Mar 12, 2020FBuy$53.6K+132.3%−78.7%+91.1%
Feb 12, 2020FBuy$81.4K+50.8%−77.9%+23.2%
Oct 25, 2019FBuy$217.0K+42.5%−113.4%−20.4%
Jul 29, 2019FBuy$96.0K+29.5%−126.5%−33.5%
May 10, 2019FBuy$103.2K+19.7%−148.1%−52.2%

Returns are price-only (no dividends), measured from the trade date.

Early life and education

  • Date not recordedSt. Xavier High School3
  • Date not recordedHarvard University3
  • Date not recordedXavier University3

Lechleiter first participated in laboratory research in a summer research program at the University of Minnesota in 1974. Lechleiter received a Bachelor of Science in Chemistry from Xavier University in 1975. He went on to receive a master's degree and a PhD in organic chemistry from Harvard University in 1980 after studying on a National Science Foundation Fellowship. His thesis advisor was Dr. Paul A. Wender.

From Wikipedia’s article on John C. Lechleiter (this version), CC BY-SA 4.0.

Career

Occupation: entrepreneur.5

Eli Lilly and Company

Lechleiter joined Eli Lilly and Company in 1979 as senior organic chemist. From 1984 to 1986, he served as director of pharmaceutical product development at the Lilly Research Centre Limited in Windlesham, England.

In 1986, he returned to the U.S. as manager of research and development projects for Europe. He became Director of development projects management in 1988, Executive Director of pharmaceutical product development in 1991, Vice President of pharmaceutical product development in 1993, and Vice President of regulatory affairs in 1994. Lechleiter became Vice President for development and regulatory affairs in 1996, and Senior Vice President of pharmaceutical products in 1998. In 2001, he was appointed executive vice president for pharmaceutical products and corporate development. In a 2003 e-mail, he discussed the use of the anti-schizophrenia or bipolar disorder drug Zyprexa for "disruptive kids", an off-label use, for which drug manufacturers are not legally permitted to encourage, even if it was not approved by federal regulators because it could lead to diabetes. "The fact we are now talking to child psychs and peds and others about Strattera means that we must seize the opportunity to expand our work with Zyprexa in this same child-adolescent population." In 2004, he became Executive Vice President for pharmaceutical operations.

Lechleiter served as Lilly's president and chief operating officer beginning in October 2005. He also joined Lilly's board of directors at that time. Lechleiter was elected as Lilly’s president and chief executive officer (CEO), effective April 1, 2008. Effective January 1, 2009, Lechleiter was appointed as chairman of the company's board of directors, succeeding Sidney Taurel.

In 2012, he earned US$15.57 million, according to Forbes. He is credited with successfully guiding the company through a difficult period in which patent protection expired for four of its main products, Gemzar, Zyprexa, Cymbalta and Evista, and for establishing a promising pipeline of possible new drugs. In 2013, he said his advice to others was "...move quickly, but the most important thing is to be patient, resolute, and be guided by the data."

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Board and organizational memberships

Lechleiter is a member of the American Chemical Society, the Business Roundtable and The Business Council. He is Chairman of the Pharmaceutical Research and Manufacturers of America and President of the International Federation of Pharmaceutical Manufacturers & Associations. Lechleiter is on the Boards of Directors of Nike, Inc. (from 2009), the Central Indiana Corporate Partnership and the Great Lakes Chemical Corporation.

He has served on the Board of Trustees of his alma mater, Xavier University, for a three-year term beginning in September 2004, and on the board of the Life Sciences Foundation. He serves as a distinguished advisor to the Children's Museum of Indianapolis.

In 2014, he became chairman of United Way Worldwide, which Lilly has supported for many years through both corporate giving and volunteerism. Lilly employees are encouraged to participate in the Lilly Global Day of Service, an internationally observed day of charitable work in their communities. Lechleiter began the initiative in 2008, the year that he became CEO. Lechleiter has identified poor K-12 and STEM education as "this country's Achilles' heel", and the Lechleiter family has contributed towards K-12 education via the Catholic Education Foundation of Louisville.

From Wikipedia’s article on John C. Lechleiter (this version), CC BY-SA 4.0.

Personal life

  • CitizenshipUnited States6

Lechleiter and his wife Sarah live in Indianapolis, Indiana, and have three children and several grandchildren.

From Wikipedia’s article on John C. Lechleiter (this version), CC BY-SA 4.0.

In the news

1 recent article from 1 outlet we read name John C. Lechleiter. We match the full name, and check the article also names one of their companies or that they are well known.

Sources

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