David E.I. Pyott

David E.I. Pyott was the CEO of Allergan, a pharmaceutical company from 1998 to 2015, when Allergan was acquired by Actavis.[1] In 2014 he was one of the 25 highest paid CEOs in the United States.[2]

Career

Pyott worked for Sandoz Nutrition at various jobs from 1980 until 1990. From 1990 to 1992 Pyott served as the general manager of a Sandoz Nutrition in Barcelona, Spain. From 1992 until 1995 he was the President and Chief Executive Officer of Sandoz Nutrition Corporation. In 1995 Pyott left Sandoz and joined Novartis AG, where he was head of the Nutrition Division until December 1997.[3] On January 1st 1998 he joined Allergan, which at that time was a small eye care business.[3] As of 2014, Pyott was one of the longest tenured pharmaceutical CEOs.[4] Under his leadership Allergan grew from a small eye care business to an international pharmaceutical and medical device company that earns over $5 billion a year.[5]

In 1998 Pyott joined the board of Allergan. He has been a member of the board of Avery Dennison since 1999 and chairman since 2001. He served on the board of Edwards Lifesciences Corporation from 2000 to 2014 and was a board member of Pacific Life from 2005 until 2007.[3] In July 2012 Pyott was named as the chairman-elect of the California Healthcare Institute, where he was expected to take over leadership by the end of 2012.[6]

Personal life

Pyott was born in 1953 in London, England. His parents were from Scotland; and, as a child, he lived in India, where his father worked in the sugar industry.[7]

He received a Master of Arts Degree from the University of Edinburgh in 1975 and a Diploma in International and European Law from the Europa Institute at the University of Amsterdam. He received a Master of Business Administration from the London Business School and an MS from the University College London in 1980.[3]

He is married with four children.

References

  1. ↑ Caleb Melby and Cynthia Koons for Bloomberg News. March 31, 2015 Ex-Allergan CEO Pyott Trades Stock for $534 Million Cash in Sale
  2. ↑ "America's 25 Highest Paid CEOs". Forbes. Retrieved 29 October 2014.
  3. 1 2 3 4 "David E. I. Pyott". Bloomberg. Retrieved 8 June 2015.
  4. ↑ Hirsch, Abigail (2014-02-14). "Fireside Chat with Allergan CEO, David Pyott". BIOtechNOW. Retrieved 29 October 2014. Day two of the 16th Annual BIO CEO & Investor Conference kicked off with a Fireside Chat featuring one of the longest tenured pharma CEOs, David E.I. Pyott, Chairman of the Board & Chief Executive Officer, Allergan.
  5. ↑ "A Conversation with Allergan CEO David Pyott". California Healthcare Institute. Retrieved 29 October 2014.
  6. ↑ Yu, Jane (July 19, 2012). "Pyott Named Next Chair of California Healthcare". Orange County Business Journal. Retrieved 29 October 2014.
  7. ↑ Nash, Emily (10/03/2000). "Allergan's David Pyott His Coaching And Sharpened Focus Helped Revive Drugmaker". Investor's Business Daily. Retrieved 29 October 2014. Check date values in: |date= (help)
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