Alphabet names Lilly veteran Anat Ashkenazi as finance chief

(Reuters) -Alphabet named Anat Ashkenazi as its chief financial officer, putting the two-decade veteran of Eli Lilly (NYSE:) in charge of finances of the Google parent in the artificial intelligence era.

Ashkenazi will become CFO and senior vice president of Google and Alphabet (NASDAQ:), effective July 31.

Alphabet said in July 2023 that Ruth Porat was starting a new role as president and chief investment officer.

Porat will continue as CFO until Ashkenazi starts, including through the company’s second-quarter earnings.

Lilly said earlier on Wednesday that Ashkenazi was stepping down as CFO of the U.S. drugmaker.