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David A. Ricks

Chair, President, and Chief Executive Officer at ELI LILLY &
Board
Since 2017
Age
57 years
Tenure
Has been with LLY for 28 years, starting in 1996 and progressing through roles in marketing, sales, international leadership, as President of Lilly USA, and as Senior Vice President & President of Lilly Bio-Medicines before being named Chair, President, and CEO in 2017.

Also at ELI LILLY &

AW
Alonzo Weems
Executive Vice President of Enterprise Risk Management and Chief Ethics and Compliance Officer
AH
Anat Hakim
Executive Vice President, General Counsel, and Secretary
AW
Anne White
Executive Vice President and President of Lilly Neuroscience

About

David A. Ricks serves as the Chair, President, and Chief Executive Officer of Eli Lilly and Company, bringing a wealth of experience from a 28-year career at the firm. At 57 years old as of 2024 , his leadership reflects decades of service and strategic guidance across various divisions of the company.

Throughout his distinguished career, he has held key roles including positions in marketing, sales, and international operations, progressing from significant leadership roles such as President of Lilly USA and Senior Vice President & President of Lilly Bio-Medicines to ultimately leading the company as CEO in 2017.

In addition to his executive roles at LLY, he contributes to the broader industry by serving on the board of directors for Adobe Inc. and participating in several industry organizations such as the Pharmaceutical Research and Manufacturers of America and the International Federation of Pharmaceutical Manufacturers & Associations.

$LLY Performance Under David A. Ricks

Past Roles

Organization Role Date Range Details [N/A]
Eli Lilly and Company Senior Vice President and President, Lilly Bio-Medicines 2012–2016 N/A
Eli Lilly and Company President, Lilly USA 2009–2012 N/A
Eli Lilly and Company President and General Manager, Lilly China 1996–2009 N/A
Eli Lilly and Company General Manager, Lilly Canada 1996–2009 N/A

External Roles

Organization Role Date Range Details [N/A]
Adobe Inc. Director N/A N/A

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Salary$1,621,154 Annually (2023)Fixed base salary
Nonqualified Savings Plan Contributions$77,469 Annually (2023)Employer contribution
401(k) Contributions$19,800 Annually (2023)Derived from total matching contributions of $97,269 minus Nonqualified Savings Plan Contributions
Personal Use of Corporate Aircraft$65,804 Annually (2023)Incremental cost for personal use
HSR Filing Fee Reimbursement$100,000 Annually (2023)Reimbursed fee processed as imputed income for tax withholding

Performance Compensation

Data from  FY 2023

Non-Equity Incentive Plan Compensation (Bonus Plan)

Metric [Weight] (%)Target/Threshold DetailActual Result/MultiplierPayout Amount (USD)
Revenue [25%]Not explicitly provided
EPS [50%]Target: 2.0% annual growth (cumulative goal not detailed)
Pipeline Progress [25%]Targets include: 2 new drug first approvals; 9 other approvals (among other metrics) Pipeline multiple: 1.86
Overall BonusPayout Multiple: 181% of target $4,401,433
Evaluation Period: Annual 2023; no vesting as award is cash-based

2023-2025 Performance Awards (EPS-Based)

Metric [Detail]ValueNotes
Grant DateFeb 10, 2023
Grant Date Fair Value (USD)$6,327,750 Determined at grant date
Performance MetricEPS GrowthAssessed via cumulative 2-year EPS performance
Threshold Shares7,983 0% payout if cumulative EPS ≤ $16.12
Target Shares15,966 100% payout if cumulative EPS = $18.21
Maximum Shares31,932 200% payout if cumulative EPS ≥ $21.57
Vesting ScheduleFebruary 2026 Contingent upon meeting employment requirements

2023-2025 Shareholder Value Awards (SVA)

Metric [Detail]ValueNotes
Grant DateFeb 10, 2023
Grant Date Fair Value (USD)$6,256,250
Weighted-Average Fair Value (USD)$349.63 Derived via Monte Carlo simulation
Performance MetricFinal Stock PriceBased on 3-year stock performance
Payout ThresholdFinal Price < $347.53 Results in 0% payout
Payout TargetFinal Price = $441.12 100% payout
Payout MaximumFinal Price > $584.73 200% payout
Target Shares19,512
Maximum Shares39,024 200% of target
Vesting ScheduleDecember 31, 2025 Subject to a one-year post-vesting holding requirement

2023-2025 Relative Value Awards (RVA)

Metric [Detail]ValueNotes
Grant DateFeb 10, 2023
Grant Date Fair Value (USD)$6,256,250
Performance MetricRelative TSR vs. peer groupAssesses total shareholder return relative to peers
Payout Threshold≤ -24.0 pp difference Yields 0% payout
Payout TargetAt Peer Median TSR Yields 100% payout
Payout Maximum≥ +30.0 pp difference Yields 200% payout
Target Shares15,721
Maximum Shares31,442 200% of target
Vesting ScheduleDecember 31, 2025 Contingent on continued employment

Interviews

Eli Lilly CEO David Ricks on Q1 results, weight loss drug competition and status of weight-loss pill thumbnail

Eli Lilly CEO David Ricks on Q1 results, weight loss drug competition and status of weight-loss pill

CNBC Television
7:08 min
May 1, 2025
Eli Lilly CEO David Ricks: Projecting 32% total growth for company in 2025 thumbnail

Eli Lilly CEO David Ricks: Projecting 32% total growth for company in 2025

CNBC Television
6:33 min
Jan 14, 2025
The David Rubenstein Show: Eli Lilly CEO Dave Ricks thumbnail

The David Rubenstein Show: Eli Lilly CEO Dave Ricks

David Rubenstein
24:07 min
Jan 9, 2025
David A  Ricks, Chair and Chief Executive Officer of Eli Lilly and Company thumbnail

David A Ricks, Chair and Chief Executive Officer of Eli Lilly and Company

Eli Lilly CEO Dave Ricks on revolutionizing healthcare and medicine thumbnail

Eli Lilly CEO Dave Ricks on revolutionizing healthcare and medicine

Goldman Sachs
30:33 min
May 23, 2024
Eli Lilly CEO David Ricks on 3-year obesity drug study: This is a profound result thumbnail

Eli Lilly CEO David Ricks on 3-year obesity drug study: This is a profound result

CNBC Television
5:33 min
Aug 20, 2024
Eli Lilly CEO on $27 billion investment in U.S. manufacturing expansion thumbnail

Eli Lilly CEO on $27 billion investment in U.S. manufacturing expansion

CNBC Television
5:24 min
Feb 26, 2025
Eli Lilly CEO on Fighting Cancer and Obesity, Drug Pricing thumbnail

Eli Lilly CEO on Fighting Cancer and Obesity, Drug Pricing

Bloomberg Television
9:25 min
Jan 13, 2025
Eli Lilly CEO David Ricks on Q3 results: The underlying growth story is fantastic thumbnail

Eli Lilly CEO David Ricks on Q3 results: The underlying growth story is fantastic

CNBC Television
7:14 min
Oct 30, 2024
Seeing More Acceptance Of Mounjaro Across Markets: Eli Lilly&#39;s Global CEO David Ricks | CNBC TV19 thumbnail

Seeing More Acceptance Of Mounjaro Across Markets: Eli Lilly's Global CEO David Ricks | CNBC TV19

CNBC-TV18
12:19 min
Mar 31, 2025
A Breakthrough in Health: How GLP-1s Are Redefining Pharma with David Ricks and Fatima Cody Stanford thumbnail

A Breakthrough in Health: How GLP-1s Are Redefining Pharma with David Ricks and Fatima Cody Stanford

New York Times Events
20:18 min
Dec 4, 2024
Eli Lilly CEO David Ricks on GLP-1 and obesity drugs thumbnail

Eli Lilly CEO David Ricks on GLP-1 and obesity drugs

CNBC Television
4:14 min
Jan 9, 2024
Eli Lilly CEO David Ricks on $.5.3 billion weight loss drug investment thumbnail

Eli Lilly CEO David Ricks on $.5.3 billion weight loss drug investment

CNBC Television
7:36 min
May 25, 2024
Eli Lilly CEO David Ricks on Q2 results: Seeing unbelievable demand for Zepbound and Mounjaro thumbnail

Eli Lilly CEO David Ricks on Q2 results: Seeing unbelievable demand for Zepbound and Mounjaro

CNBC Television
6:05 min
Aug 8, 2024
Vast utility for weight loss drugs will more than pay for themselves, says Eli Lilly CEO David Ricks thumbnail

Vast utility for weight loss drugs will more than pay for themselves, says Eli Lilly CEO David Ricks

CNBC Television
4:05 min
Jun 13, 2023
Eli Lilly CEO on Fighting Obesity, Developing New Drugs thumbnail

Eli Lilly CEO on Fighting Obesity, Developing New Drugs

Bloomberg Television
7:46 min
Mar 12, 2024