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Pfizer taps David Denton from Lowe's as CFO

Published 04/11/2022, 07:24 AM
Updated 04/11/2022, 08:10 AM
© Reuters. FILE PHOTO: Pfizer logo seen outside their building in Manhattan, New York City, New York, U.S., March 2, 2021. REUTERS/Carlo Allegri/File Photo
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(Reuters) - Pfizer Inc (NYSE:PFE) said on Monday that Lowe's (NYSE:LOW) Cos Inc Chief Financial Officer David Denton would succeed company veteran Frank D'Amelio as the U.S. drugmaker's finance chief.

Denton, who has also held leadership positions at CVS Health (NYSE:CVS), will join Pfizer on May 2, the company said.

He will also be a member of Pfizer's Executive Leadership Team and report to Chief Executive Officer Albert Bourla.

© Reuters. FILE PHOTO: Pfizer logo seen outside their building in Manhattan, New York City, New York, U.S., March 2, 2021. REUTERS/Carlo Allegri/File Photo

Pfizer announced the retirement of D'Amelio in November and started an external search for his replacement. (https://reut.rs/38LtezX)

Home improvement chain Lowe's said on Friday that Denton would step down to pursue another opportunity at a publicly traded company outside the industry.

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