Bausch + Lomb Corp Reports Director Changes and Compensation Updates

Ticker: BLCO · Form: 8-K · Filed: May 29, 2024 · CIK: 1860742

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

TL;DR

Bausch + Lomb board shakeup and exec pay changes filed today.

AI Summary

Bausch + Lomb Corporation announced on May 29, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory plans for key executives.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance, impacting investor confidence.

Risk Assessment

Risk Level: medium — Changes in directorship and executive compensation can indicate internal shifts that may affect future business operations and financial performance.

Key Players & Entities

FAQ

What specific items are being reported under the 8-K filing?

The filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as the submission of matters to a vote of security holders.

What is the exact name of the registrant?

The exact name of the registrant is Bausch + Lomb Corporation.

On what date was this report filed?

The report was filed on May 29, 2024.

What is the company's principal executive office address?

The address of the Principal Executive Offices is 520 Applewood Crescent, Vaughan, Ontario, Canada L4K 4B4.

What is the company's telephone number?

The registrant's telephone number, including area code, is (905) 695-7700.

Filing Stats: 955 words · 4 min read · ~3 pages · Grade level 12.4 · Accepted 2024-05-29 16:44:01

Filing Documents

Signatures

Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BAUSCH + LOMB CORPORATION By: /s/ A. Robert D. Bailey Name: A. Robert D. Bailey Title: Executive Vice President and Chief Legal Officer Date: May 29, 2024

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