secwatch.observer — SEC 8-K summary
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Issuer:     Bausch Health Companies Inc. (BHC)
CIK:        0000885590
Form:       8-K/A
Filed at:   2023-09-29T23:59:59+00:00
Accession:  0000950103-23-014295
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bausch Health discloses interim CFO John Barresi's compensation terms
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- Bi-weekly cash stipend of $5,000 added to base pay during interim CFO service.
- $100,000 cash retention award: $50,000 after Oct 1, 2023; $50,000 after Oct 1, 2024.
- Enhanced severance: 1.5x (base + target bonus) for Qualifying Termination, 2x if after change of control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885590/000095010323014295/0000950103-23-014295-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885590/000095010323014295/dp200715_8ka.htm
  HTML page:      https://secwatch.observer/filing/0000950103-23-014295

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer