Bristol-Myers Squibb CEO Giovanni Caforio to retire Nov 1; Christopher Boerner named CEO successor

BRISTOL MYERS SQUIBB CO

Giovanni Caforio to retire as CEO effective Nov 1, 2023; will become Executive Chairman for transition period.
Christopher Boerner appointed COO effective April 26, 2023, and CEO effective Nov 1, 2023; also to join Board.
Adam Lenkowsky appointed EVP Chief Commercialization Officer, effective immediately.
Boerner's base salary increased to $1.3M; annual target cash incentive raised to $1.56M.

item 5.02 item 9.01

Executive movements

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

Appointed

Christopher Boerner

Chief Operating Officer

BMY · BRISTOL MYERS SQUIBB CO

Effective: 2023-04-26
Filed: April 26, 2023, 7:59 PM ET

the Board appointed Christopher Boerner, Ph.D., to serve as the Company’s Chief Operating Officer, effective April 26, 2023, and as the Chief Executive Officer, effective November 1, 2023.

Role change

Giovanni Caforio

Chairman of the Board and Chief Executive Officer

BMY · BRISTOL MYERS SQUIBB CO

Effective: 2023-11-01
Successor: Christopher Boerner
Filed: April 26, 2023, 7:59 PM ET

Giovanni Caforio, M.D., the Company’s Chairman of the Board of Directors (“Board”) and Chief Executive Officer, has decided to retire as Chief Executive Officer (“CEO”) effective November 1, 2023.

Appointed

Christopher Boerner

Chief Executive Officer

BMY · BRISTOL MYERS SQUIBB CO

Effective: 2023-11-01
Filed: April 26, 2023, 7:59 PM ET

the Board appointed Christopher Boerner, Ph.D., to serve as the Company’s Chief Operating Officer, effective April 26, 2023, and as the Chief Executive Officer, effective November 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher Boerner was appointed as Chief Operating Officer at BRISTOL MYERS SQUIBB CO.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

the Board appointed Christopher Boerner, Ph.D., to serve as the Company’s Chief Operating Officer, effective April 26, 2023, and as the Chief Executive Officer, effective November 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Giovanni Caforio retired as Chairman of the Board and Chief Executive Officer at BRISTOL MYERS SQUIBB CO.

Action: retired
Role: Chairman of the Board and Chief Executive Officer

Exact text from the filing

Giovanni Caforio, M.D., the Company’s Chairman of the Board of Directors (“Board”) and Chief Executive Officer, has decided to retire as Chief Executive Officer (“CEO”) effective November 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher Boerner was appointed as Chief Executive Officer at BRISTOL MYERS SQUIBB CO.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

the Board appointed Christopher Boerner, Ph.D., to serve as the Company’s Chief Operating Officer, effective April 26, 2023, and as the Chief Executive Officer, effective November 1, 2023.

View on SEC.gov

BRISTOL MYERS SQUIBB CO filing history →

Source: SEC EDGAR

accession 0001140361-23-020605

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