World Finance Denton

World Finance Denton – UNITED STATES – Pfizer Inc. said Cowe Inc.’s Lowe’s CFO David Denton will replace company veteran Frank D’Amelio as chief financial officer of U.S. drugs, effective May 2.

Lowe’s announced Friday that Denton will be leaving the industry to pursue other opportunities at a publicly traded company.

World Finance Denton

From Lowe’s Companies, Inc. He comes from Pfizer, where he was CFO and Executive Vice President.

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Prior to joining Lowe’s in 2018, Mr. Denton was Executive Vice President and Chief Financial Officer of CVS Health, where he was responsible for all strategic planning and operations.

He was instrumental in transforming CVS from a retail pharmacy into the health care company it is today and oversaw Caremark’s acquisition of CVS.

Prior to becoming CFO of CVS, Mr. Denton held several management positions, including Vice President and Controller/Chief Financial Officer.

Denton also discussed the costs and expenses of the December 2017 acquisition of Aetna by CVS. The $70 billion deal was finalized in November 2018.

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Mr. Denton replaces Chief Financial Officer and Executive Vice President, Frank Damlio, who announced his plans to leave Pfizer after 15 years of service.

In November, Pfizer announced that D’Amelio had resigned and began an external search for a replacement. Mr. D’Amelio has agreed to remain in his position during the transition.

Mr. Denton brings more than 25 years of financial and operational experience, including more than 20 years in the healthcare industry.

As such, he brings to Pfizer a unique perspective on the role of payers, patient needs and the changing healthcare landscape.

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Mr. Denton will be a key partner to Pfizer’s CEO and management team, overseeing all aspects of the company’s financial management.

Mr. Denton will be a member of Pfizer’s senior management team, reporting to Albert Borella, Chairman and CEO.

He will be responsible for all financial functions of the company such as audit, treasury, tax, insurance, planning and analysis (OP&A), corporate control and financial and business analysis.

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He holds a Bachelor of Business Administration from Kansas State University, USA, and an MBA from Wake Forest University’s Babcock School of Management. He is a board member of Tapestry, Inc. is.

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