BlackDoctor.org “Top Blacks In Healthcare” 2014: Derica W. Rice
Derica W. Rice joined Eli Lilly and Company in 1990 as an international treasury associate. He has held various assignments, including executive director and chief financial officer for European operations based in London, and general manager of Lilly United Kingdom and Republic of Ireland. He was promoted to executive vice president, global services and chief financial officer on January 1, 2010. Rice is also a member of the company’s executive committee.
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Being chief financial officer affords variety for Rice. “My role goes beyond compliance. I am responsible for ensuring the integrity of our financial information and leading Lilly in fulfilling promises we make to investors. That means I am modeling and demanding the highest standards of integrity and transparency throughout our organization.”
Rice’s other responsibilities involve having a strategic role in the company’s financial leadership, setting goals and objectives and understanding that Lilly’s financial strategy is irrevocably linked to their business strategy.