Sidney Taurel served as the CEO and Chairman of Eli Lilly & Co. from 1998 until 2008, culminating a 36-year career with the company. Notably, during a tough time for Eli Lilly in 2002, he famously chose to take a...
Sidney Taurel served as the CEO and Chairman of Eli Lilly & Co. from 1998 until 2008, culminating a 36-year career with the company. Notably, during a tough time for Eli Lilly in 2002, he famously chose to take a salary of $1 to show confidence in the company. His compensation reflected his commitment, peaking in 2006 with over $15 million when the company's performance surged. Under Taurel's leadership, Eli Lilly focused on long-term growth, launching significant products like Strattera and Cialis, and improving operational efficiency. He remained involved with the company until his retirement in 2008, ensuring a smooth transition of leadership. His educational background includes an MBA from Columbia University, and he has served on various boards, influencing both the pharmaceutical landscape and corporate governance practices.