David E.I. Pyott

David E.I. Pyott is the CEO of Allergan, a pharmaceutical company, and one of the 25 highest paid CEOs in the United States.[1] Pyott is one of the longest tenured pharmaceutical CEOs, joining Allergan in 1998.[2]

Early life

David Pyott was born in 1953[3] in London, England. His parents were from Scotland, and as a child he lived in India, where his father worked in the sugar industry.[4]

Education

Mr. Pyott received a Master of Business Administration from the London Business School and an MS from the University College London in 1980.[3] 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.[5]

Business career

Mr. Pyott worked for Sandoz Nutrition at various jobs from 1980 until 1990. From 1990 to 1992 Pyott served as the general manager of 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.[6] On January 1st 1998 he joined Allergan, which at that time was a small eye care business.[5]

Career with Allergan

Since January 1998 when Pyott joined Allergan the company has grown from a small eye care business to an international pharmaceutical and medical device company that earns over $5 billion a year.[5][7]

Affiliations

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,[6] 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.[8]

Recognition

Pyott is the recipient of the honor of Commander of the Most Excellent Order of the British Empire (CBE) which was bestowed on him by the Queen of England in 2006. In 2009 he was ranked number 50 in the Harvard Business Review as one of “The 100 Best CEOs in the World.” In 2013 he was on the same list, but ranked number 26. In 2005 and 2007 Pyott was recognized by Institutional Investor magazine as the “Number 1 CEO in Specialty Pharmaceuticals.” The same magazine named him the “Best CEO in Healthcare-Pharmaceuticals” in 2012 and 2013. For his services to Brazilian ophthalmology Pyott received an honorary degree, the UCI Medal and the Moacyr Gold Medal in 2010. The US Marine Corps bestowed on Pyott the Semper Fidelis Award for Community Philanthropy in 2013.[5]

Personal life

Pyott is married with four children.[3]

References

  1. ↑ "America's 25 Highest Paid CEOs". Forbes. Retrieved 29 October 2014.
  2. ↑ 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.
  3. ↑ 3.0 3.1 3.2 3.3 "David E. I. Pyott". NNDB. Retrieved 29 October 2014.
  4. ↑ 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)
  5. ↑ 5.0 5.1 5.2 5.3 "David E.I. Pyott Chairman of the Board and Chief Executive Officer". Allergan. Retrieved 29 October 2014.
  6. ↑ 6.0 6.1 "Allergan inc: David E. I. Pyott". Business Week. Retrieved 29 October 2014.
  7. ↑ "A Conversation with Allergan CEO David Pyott". California Healthcare Institute. Retrieved 29 October 2014.
  8. ↑ Yu, Jane (July 19, 2012). "Pyott Named Next Chair of California Healthcare". Orange County Business Journal. Retrieved 29 October 2014.