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FDA Commissioner Scott Gottlieb is resigning

Food and Drug Administration Commissioner Scott Gottlieb is leaving his post as the nation’s top health regulator after two years in the role.

Gottlieb, who’s waged a pitched battle against teen smoking in recent months, is resigning to spend more time with his family, people close to Gottlieb said Tuesday.

The physician has been commuting from his home in Westport, Connecticut, where he has a wife and three young daughters, the people said. He plans to stay on at the agency for another month; his successor hasn’t been named yet, they said.

Tobacco stocks immediately jumped on the news. Shares of Altria Group rose 1.2 percent while shares of British American Tobacco traded in the U.S. were up by almost 2 percent.

This story is developing. Please check back for updates.

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