Bristol-Myers Squibb names Bancroft CFO

NEW YORK Bristol-Myers Squibb has elected Charles Bancroft as CFO, a position he began Thursday, the drug maker announced Friday.

Bancroft had been serving as Bristol’s acting CFO since Jan. 1 and will report to president and COO Lamberto Andreotti.

“[Bancroft’s] tenure with Bristol-Myers Squibb has been marked by strong leadership and depth of experience in finance, earning him trust and respect from his peers across all functions and within the entire finance organization,” Andreotti said in a statement.

Bancroft began working for Bristol in 1984 and has held various finance-related positions since then.

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