8-K filed December 29, 2023, 6:59 PM ET ticker OPCH CIK 0001014739

leadership confidence high sentiment neutral materiality 0.40

Option Care Health appoints two new directors; Sahney resigns; Denness separation finalized

Option Care Health, Inc.

Barbara Bodem (former DENTSPLY SIRONA CFO) and Norman Wright (ex-UHG exec) join board effective Jan 2, 2024; Bodem on Audit & Nominating, Wright on Compensation & Nominating.
Nitin Sahney resigns from board effective Jan 1, 2024; no disagreement cited.
Former CCO Richard Denness to serve as special advisor through Mar 31, 2024; receives base salary, target bonus ($358,440), and continued equity vesting during transition.
Post-separation: 9 months base salary severance and COBRA reimbursement; subject to non-compete (12 months) and non-solicit (18 months) covenants.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Nitin Sahney

Director

OPCH · Option Care Health, Inc.

Effective: 2024-01-01
Filed: December 29, 2023, 6:59 PM ET

Nitin Sahney, a member of the Board, notified the Company of his resignation from the Board, effective as of the close of business on January 1, 2024

Appointed

Norman Wright

Director

OPCH · Option Care Health, Inc.

Effective: 2024-01-02
Filed: December 29, 2023, 6:59 PM ET

appointed Barbara Bodem and Norman Wright to the Board effective January 2, 2024.

Appointed

Barbara Bodem

Director

OPCH · Option Care Health, Inc.

Effective: 2024-01-02
Filed: December 29, 2023, 6:59 PM ET

appointed Barbara Bodem and Norman Wright to the Board effective January 2, 2024.

Departed

Richard Denness

Chief Commercial Officer

OPCH · Option Care Health, Inc.

Effective: 2023-12-07
Filed: December 29, 2023, 6:59 PM ET

Richard Denness had ceased to serve as the Company’s Chief Commercial Officer, effective December 7, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Nitin Sahney resigned as Director at Option Care Health, Inc..

Action: resigned
Role: Director

Exact text from the filing

Nitin Sahney, a member of the Board, notified the Company of his resignation from the Board, effective as of the close of business on January 1, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Norman Wright was appointed as Director at Option Care Health, Inc..

Action: appointed
Role: Director

Exact text from the filing

appointed Barbara Bodem and Norman Wright to the Board effective January 2, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Barbara Bodem was appointed as Director at Option Care Health, Inc..

Action: appointed
Role: Director

Exact text from the filing

appointed Barbara Bodem and Norman Wright to the Board effective January 2, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Richard Denness departed as Chief Commercial Officer at Option Care Health, Inc..

Action: ceased to serve
Role: Chief Commercial Officer

Exact text from the filing

Richard Denness had ceased to serve as the Company’s Chief Commercial Officer, effective December 7, 2023

View on SEC.gov

Option Care Health, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-130458

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.