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Elan names former Eli Lilly executive to board

Attention deficit drugmaker Elan Corp. PLC said Tuesday that Richard Pilnik, a former executive with Eli Lilly & Co., will join its board of directors.
/ Source: The Associated Press

Attention deficit drugmaker Elan Corp. PLC said Tuesday that Richard Pilnik, a former executive with Eli Lilly & Co., will join its board of directors.

Pilnik will be a non-executive director, the Dublin-based company said. Pilnik, 52, worked for Eli Lilly for 25 years and most recently served as chief marketing officer.

Shares of Elan slid 30 cents, or 4.1 percent, to $6.98 in afternoon trading.