Monday, August 27, 2007

Pfizer's new CFO and his "rhythm of numbers"

Pfizer Inc. named Frank D'Amelio, an executive at French communications company Alcatel-Lucent, to be the pharmaceutical giant's next chief financial officer, starting next month.

Mr. D'Amelio, 49 years old, is known among Wall Street analysts for his ability to dig into the details of a company's financial position. One of his favorite phrases is "the rhythm of the numbers," according to a note from Lehman Brothers pharmaceuticals analyst Anthony Butler.
Mr. D'Amelio was also a key figure in restructurings that reduced Lucent's staff to 30,000 from 136,000, Mr. Butler noted.

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