U.S. COMPANY FILING
Bausch & Lomb Corp — Form 8-K filed 2026-10-13
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On October 12, 2026, Bausch + Lomb announced that CEO Brent Saunders mutually agreed with the Board to depart, effective immediately, and to leave the Board. Chairman Thomas Appio was appointed interim CEO; he also serves as CEO of controlling shareholder BHC. Saunders will receive a $75.5 million lump-sum cash payment plus up to $50,000 in attorneys' fees, and all his outstanding equity awards were forfeited and cancelled. The company also disclosed it expects to raise full-year 2026 adjusted EBITDA (excluding Acquired IPR&D) guidance.
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