UPDATE 1-Lilly CEO Lechleiter to retire; David Ricks to succeed
July 27, 2016 at 08:00 AM EDT
July 27 (Reuters) - U.S. drugmaker Eli Lilly and Co said on Wednesday John Lechleiter, its chief executive of eight years, would retire by the end of the year and would be succeeded by senior vice president David Ricks on January 1.