Frank A. D'Amelio has been named senior vice president and chief financial officer of
Pfizer, effective in mid-September. Mr. D'Amelio is a senior executive with almost three decades of operating and financial experience at AT&T, Lucent Technologies and Alcatel-Lucent, including serving as chief operating officer and chief financial officer at Lucent.
Mr. D'Amelio is currently senior executive vice president, integration and chief administrative officer at Alcatel-Lucent. He will join Pfizer's executive leadership team and report to Jeff Kindler, Pfizer's chairman and chief executive officer. He will have responsibility for all aspects of the company's finances, including treasury, tax, the controller's division and investor development. He succeeds Alan Levin, who announced plans to retire from Pfizer in May.
"We are very pleased that an executive with Frank's skills, integrity, global experience and proven leadership is joining our management team," said Mr. Kindler. "Through almost three decades . . . Frank was a senior executive in global companies undergoing the kind of rapid and complex changes we have undertaken at Pfizer in response to our own rapidly changing markets.
Mr. D'Amelio began his career in 1979 at AT&T Bell Labs, where he held various financial, accounting and general management positions. He also served as vice president and chief financial officer of Lucent's Network Systems Business and in 1996, he helped establish the financial structure of the new Lucent company. Prior to being named executive vice president, administration and chief financial officer of Lucent in May 2001, Mr. D'Amelio was group president of Lucent's Switching Solutions Group, where he led the manufacturing, R&D, marketing and product management of Lucent's switching, access and applications software businesses.
In early 2006 Mr. D'Amelio was appointed Lucent's chief operating officer, responsible for leading the operations of the business including sales, the product groups, the services business, the supply chain, IT operations and labor relations. After Lucent merged with Alcatel later in 2006, Mr. D'Amelio was appointed senior executive vice president, integration and chief administrative officer.
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