UPDATE 2-Pfizer CFO Dave Denton to step down, leave company in August

CVS Health Corporation
Lowe's Companies, Inc.
Pfizer Inc.

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- Pfizer PFE.N said on Thursday that finance chief Dave Denton will step down and leave the U.S. drugmaker on August 15 to take a role in the consumer goods industry.

The company named Cecile Guegan, senior vice president of finance for its global biopharmaceutical business, as interim CFO, effective August 16.

Denton joined Pfizer as its finance head in 2022, having previously held positions at healthcare conglomerate CVS CVS.N and retail chain Lowe's Companies LOW.N.

Pfizer's top boss Albert Bourla said in a statement that Denton had helped guide the company through major transactions, including the buyouts of cancer therapy specialist Seagen, migraine drugmaker Biohaven and obesity drug developer Metsera.

Shares of the company were down 1.6% in premarket trading.

Pfizer said it will conduct an internal and external search for a permanent successor. Denton and Guegan will work together on the transition, the company said.