Taurel to step down from Lilly

Taurel to step down from Lilly

There are 219 comments on the The Indianapolis Star story from Dec 18, 2007, titled Taurel to step down from Lilly. In it, The Indianapolis Star reports that:

Sidney Taurel, Eli Lilly and Co.'s chief executive officer and chairman of the board, will retire as CEO on March 31, the Indianapolis drug maker announced this morning.

Join the discussion below, or Read more at The Indianapolis Star.

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Glen

United States

#1 Dec 18, 2007
Amen
Mr Slade

Indianapolis, IN

#2 Dec 18, 2007
Finally the stock will go up. Bye Bye Sid. Take the money and run!!!!!!
mark

United States

#3 Dec 18, 2007
I hope that the new guy will try to do something for the workers, and keep some production in Indianapolis.
Bob White

Carmel, IN

#4 Dec 18, 2007
John will be a terrific CEO. His work as head of the product teams and directing many new drugs through FDA submission and launch will serve him well.

Also, he was always very receptive to the people working for him and those that did all the daily 'grunt' work. I think Lilly employees will find him as a breath of fresh air.
Alan Shore

Indianapolis, IN

#5 Dec 18, 2007
And I'm sure this clown is taking a 'retirement package' that would support a small country for about 10 years when he goes.

Greedy jerks.
qalillyman

Indianapolis, IN

#7 Dec 18, 2007
GOOD BYE....YOU BEEN AROUND TOO LONG AND HAVE HURT THE CO. AND THE EMPLOYEES... NOW START SHOWING SOME APPRECIATION TO THE WORKERS, LETS GET THE STOCK PRICES UP WHERE THEY SHOULD BE.
Congratulations

Indianapolis, IN

#12 Dec 18, 2007
Well Sidney I wish you well on your retirement, but I have nothing to look forward to when I retire.
It will take a Miracle to be able to turn in the stock employees got in lieu of raises and in "celebration" of 125 yrs of Lilly. But that stock goes back to the company doesnt it and I bet you will benefit somehow?
How can you let multitudes of employees struggle to pay bills when all the board memebers are sitting pretty darn good and you get such a great retirement package?
You will answer to the MAN someday.
Lets see

AOL

#13 Dec 18, 2007
Lilly doesn't pay any attention to the waste going on. Their employees take personal advantage of the loose rules and not enough falls to the bottom line for the stock holders. What happened to the old days where the heads of companys pay check depends on the success of the compay. Now that made them pay attention
Mad as Hell

Spring Valley, CA

#16 Dec 18, 2007
As a stockholder in Lilly, I'm happy to see him go. Lilly's stock is worth HALF of what it was in 2000 right before Lilly lost the Prozac patent. Even in 2004, the stock was in the low $70s... quite a bit higher than it is today.
Alan

Orange Park, FL

#17 Dec 18, 2007
Congratulations to Sidney, he took the challenge of taking over a company that lost the majority of its patents, and had to rebuild. It has not been easy, but his guidance will show in the years to come to be the right decision in a very tough marketplace. He groomed John to take over, and he will have his challenges as well. As far as the employees are concerned, they need to wake up to reality, their industry has been a perfect storm for a while.
GhostofLillyPast

Indianapolis, IN

#19 Dec 18, 2007
John! Is taking over from Sidney! That is like Chaney taking over from GW! I might as well kiss the last of my benefits good bye! Hey does anyone know of a good job opportunity out there? Lilly is dead! The company is nose diving into the ground and the co-pilot has taken the stick...and the planes next stop is the crash site..........ahhhhhhhhhhhhh!
Thank You Sidney

Indianapolis, IN

#20 Dec 18, 2007
You have been an inspiration to us. Your leadership brought us through Year X, and made us strong for years Y and Z. It has been a pleasure to work for Lilly under your leadership. You will be missed.
Lilly

AOL

#21 Dec 18, 2007
There is no way that one man can run a cpmpany of that size and know what is going on. It's a joke to think Sidney can. Waste is just going to happen.
GhostofLillyPast

Indianapolis, IN

#23 Dec 18, 2007
Thank You Sidney wrote:
You have been an inspiration to us. Your leadership brought us through Year X, and made us strong for years Y and Z. It has been a pleasure to work for Lilly under your leadership. You will be missed.
I love the sarcasm that you expressed! It made me laugh, thank you.
lastrep

Indianapolis, IN

#24 Dec 18, 2007
Mad as Hell wrote:
As a stockholder in Lilly, I'm happy to see him go. Lilly's stock is worth HALF of what it was in 2000 right before Lilly lost the Prozac patent. Even in 2004, the stock was in the low $70s... quite a bit higher than it is today.
You got to know when to hold 'em and when to fold 'em. Merck pretty much followed the same track.
Jim Irsay

San Francisco, CA

#25 Dec 18, 2007
Hey, Sid, maybe to make your next billion you can just buy a professional sports team. It's so easy - just find a pathetic pushover mayor and make him pay for everything!!
Reality Check

Indianapolis, IN

#26 Dec 18, 2007
mark wrote:
I hope that the new guy will try to do something for the workers, and keep some production in Indianapolis.
He will......He will ask them to work 8 hours a day for 8 hours of pay.
Reality Check

Indianapolis, IN

#27 Dec 18, 2007
Alan Shore wrote:
And I'm sure this clown is taking a 'retirement package' that would support a small country for about 10 years when he goes.
Greedy jerks.
Why is he a clown? Why do people cry when someone puts their entire career into campany and leads it for 10 years then is rewarded with a decent package. Why does it make them "greedy"? Are race car drivers greedy? Movie stars? What about sports figures with $245 million dollar contracts? If sure there will be some whimpering reason why they are different. Get over your failures and quit whining about others successes.
iaintagonnasay

Indianapolis, IN

#28 Dec 18, 2007
Alan wrote:
Congratulations to Sidney, he took the challenge of taking over a company that lost the majority of its patents, and had to rebuild. It has not been easy, but his guidance will show in the years to come to be the right decision in a very tough marketplace. He groomed John to take over, and he will have his challenges as well. As far as the employees are concerned, they need to wake up to reality, their industry has been a perfect storm for a while.
Sidney, is that you?
American

South Vienna, OH

#29 Dec 18, 2007
This town will be awesome when Lilly gets bought and its operations moved out of state.

What will happen to all that real estate? Imagine the slum homes they can build there.

At least you'll have the Colts. Hahahahahaha. Indy is always on the edge of disaster.

But you have the Colts.

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