Henry Schein Announces Board & Executive Changes

Ticker: HSIC · Form: 8-K · Filed: 2025-04-15T00:00:00.000Z

Sentiment: neutral

Topics: management-change, board-of-directors, executive-compensation

Related Tickers: HSIC

TL;DR

Schein's board is shuffling, new exec comp plans are in place.

AI Summary

Henry Schein, Inc. announced on April 10, 2025, changes related to its board of directors and executive compensation. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives.

Why It Matters

Changes in a company's board and executive compensation can signal shifts in strategy, governance, or future performance expectations.

Risk Assessment

Risk Level: medium — Changes in leadership and compensation structures can introduce uncertainty regarding future strategic direction and operational execution.

Key Numbers

Key Players & Entities

FAQ

What specific roles have been affected by the departure of officers or directors?

The filing indicates departures of certain officers and directors but does not specify the exact roles in this summary section.

Who are the newly elected directors?

The filing mentions the election of directors but does not list their names in the provided text.

What are the key changes in the compensatory arrangements for certain officers?

The filing states that there are updates to compensatory arrangements but does not detail the specifics of these changes.

What is the primary reason for these changes reported on April 10, 2025?

The filing does not explicitly state the primary reason for these changes, only that they are being reported.

Does this filing indicate any financial performance issues or successes?

This filing primarily concerns corporate governance and executive changes, not financial performance statements.

From the Filing

0001193125-25-080753.txt : 20250415 0001193125-25-080753.hdr.sgml : 20250415 20250415080217 ACCESSION NUMBER: 0001193125-25-080753 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250410 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250415 DATE AS OF CHANGE: 20250415 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HENRY SCHEIN INC CENTRAL INDEX KEY: 0001000228 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MEDICAL, DENTAL & HOSPITAL EQUIPMENT & SUPPLIES [5047] ORGANIZATION NAME: 07 Trade & Services EIN: 113136595 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27078 FILM NUMBER: 25837616 BUSINESS ADDRESS: STREET 1: 135 DURYEA RD CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 6318435500 MAIL ADDRESS: STREET 1: 135 DURYEA RD CITY: MELVILLE STATE: NY ZIP: 11747 FORMER COMPANY: FORMER CONFORMED NAME: SCHEIN HENRY INC DATE OF NAME CHANGE: 19950907 8-K 1 d835579d8k.htm 8-K 8-K HENRY SCHEIN INC false 0001000228 0001000228 2025-04-10 2025-04-10     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of the report (Date of earliest event reported): April 10, 2025     Henry Schein, Inc. (Exact name of registrant as specified in its charter)       Delaware   0-27078   11-3136595 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   135 Duryea Road , Melville , New York   11747 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (631)   843-5500 (Former name or former address, if changed since last report.)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240. 14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $.01 per share   HSIC   The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 10, 2025, the Compensation Committee of the Board of Directors (the “Compensation Committee”) of Henry Schein, Inc. (the “Company”) approved the adoption of the Henry Schein, Inc. Executive Severance Plan (the “Severance Plan”), to provide severance benefits to ce

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