back to list

Randall L. Tobias

Eli Lilly & Company

1993 - 1998

Healthcare

1990 b. 1942
male
EducationOneDegree
UndergraduateIndiana University
Personal
Born-Died1942
BirthplaceIndiana (IN)
RaceWhite
Era - 1990

The first outsider to run the company, Tobias is credited with orchestrating a major turnaround of Eli Lilly. Under his direction, Lilly introduced two successful drugs (Zyprexa for schizophrenia and Gemzar for cancer), solidified and expanded its blockbuster antidepressant drug, Prozac, and streamlined its overall operations. He managed costs and divested of non-core businesses, spinning off medical devices to form Guidant Corporation. Through his efforts, Lilly’s market capitalization grew from $14 billion to $70 billion.