D'Amelio, who is currently chief administrative officer of French-American telecommunications equipment maker Alcatel-Lucent, will take over his Pfizer post in mid-September, the pharmaceuticals firm said in a release.
His appointment comes as the world's largest drugmaker, whose products include cholesterol fighter Lipitor and anti-impotence treatment Viagra, is relying heavily on cost-saving initiatives to offset declining revenue of its wide array of prescription medicines.
D'Amelio will succeed Alan Levin, whose resignation was announced in May along with the planned retirement by year's end of Pfizer research chief John LaMattina.
New York-based Pfizer said D'Amelio has almost 30 years experience at AT&T , Lucent Technologies and Alcatel-Lucent , and played a big role in the 2006 Alcatel-Lucent merger.
"Frank was a senior executive in global companies undergoing the kind of rapid and complex changes we have undertaken at Pfizer in response to our own rapidly changing markets," Pfizer Chief Executive Jeff Kindler said.