---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-020605"
form_type: "8-K"
ticker: "BMY"
cik: "0000014272"
company_name: "BRISTOL MYERS SQUIBB CO"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:25:21.834883+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-23-020605
- form_type: 8-K
- ticker: BMY
- cik: 0000014272
- company_name: BRISTOL MYERS SQUIBB CO
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14272/000114036123020605/0001140361-23-020605-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14272/000114036123020605/brhc20052030_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-020605
- JSON: https://secwatch.observer/filing/0001140361-23-020605.json
- Plain text: https://secwatch.observer/filing/0001140361-23-020605.txt

## Key facts
- Executive change
  Christopher Boerner was appointed as Chief Operating Officer at BRISTOL MYERS SQUIBB CO.
  - Action: appointed
  - Role: Chief Operating Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/14272/000114036123020605/0001140361-23-020605-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/14272/000114036123020605/0001140361-23-020605-index.htm
- Executive change
  Christopher Boerner was appointed as Chief Executive Officer at BRISTOL MYERS SQUIBB CO.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/14272/000114036123020605/0001140361-23-020605-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.