Frank D'Amelio, Executive Vice President, Business Operations and Chief Financial Officer of Pfizer Inc., arrives at Portcullis House to attend a parliamentary business and enterprise committee hearing on the future of AstraZeneca, in central London, May 13, 2014. REUTERS/Andrew Winningsaid on Wednesday Chief Financial Officer Frank D'Amelio, 63, would retire after nearly 15 years at the company.
The drugmaker has started an external search for the successor of D'Amelio, who also served as executive vice president of global supply. During his tenure, Pfizer slimmed down its business through sales to focus on its newer, patent-protected portfolio of profitable drugs such as cancer treatment Ibrance.
D'Amelio played crucial roles in the company's 2011 sale of its capsule-making unit to private equity firm KKR & Co
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