Teva's Arie Belldegrun resigns

27 January 2017
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On January 26, 2017, Dr Arie Belldegrun resigned as a member of the board of directors of Teva Pharmaceutical Industries (NYSE: TEVA), according to a company regulatory filing.

In his resignation, Dr Belldegrun stated his need to focus on his responsibilities as chairman, president, chief executive and founder of Kite Pharma (Nasdaq: KITE), as the company enters a critical juncture in its growth with important milestones anticipated in 2017.

Dr Belldegrun joined Teva’s board of directors in 2013 and would have stood for election at the 2019 annual meeting. The company thanks Dr Belldegrun for his years of dedicated service and wishes him well in his other endeavors, said Teva.

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