Allergan CEO resigns from Edwards Lifesciences' board

Fri Oct 3, 2014 5:00pm EDT
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Oct 3 (Reuters) - Edwards Lifesciences Corp said David Pyott resigned from the medical device maker's board to devote more time to his role as chairman and CEO of Allergan Inc .

The resignation of Pyott, who joined Edwards' board in 2000, is effective immediately, the company said in a statement.

Allergan is fighting a $53.7-billion hostile bid from Canada's Valeant Pharmaceuticals International Inc and billionaire William Ackman's Pershing Square.

Edwards Lifesciences shares closed at $106.18 Friday on the New York Stock Exchange. (Reporting by Shailesh Kuber in Bangalore; Editing by Anil D'Silva)