Edwards restructures executive alignment

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Edwards Lifesciences has restructured alignment into a business unit organizational structure, along with the planned departure in the middle of 2008 of corporate officers Anita B. Bessler, Stuart L. Foster and Alex Martin.

Bessler, who joined the company in 1988 and led the growth of Edwards' heart valve business into its current position as the global market leader, will continue in an advisory role with Edwards, according to the Irvine, Calif.-based company.

Foster, who joined the company in 1994 and served as the technology leader and oversaw the development and growth of the critical care and vascular businesses, will also continue in an advisory role with Edwards, the company said.

Martin, who joined Edwards in 2004, plans to pursue other opportunities upon his departure. He oversaw the development and expansion of its North American sales and marketing organization, Edwards' largest operating region.

As a result of the operational integration, Edwards said corporate officers Donald E. Bobo, Jr., Paul C. Redmond, Carlyn D. Solomon, and Larry L. Wood will assume management of additional U.S. sales, marketing and operational functions within their business units, and will report directly to Michael A. Mussallem, Edwards' chairman and CEO. In addition, corporate officer Corinne H. Lyle will undertake additional global responsibilities.