{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-050518","form_type":"8-K/A","ticker":"BMY","cik":"0000014272","company_name":"BRISTOL MYERS SQUIBB CO","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.037525+00:00","generated_at":"2026-06-09T04:28:55.311639+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bristol-Myers details CEO succession; Caforio to retire April 1, 2024, Boerner Chairman","bullets":["Giovanni Caforio steps down as CEO, becomes Executive Chairman Nov 1, 2023, then retires from Board April 1, 2024.","Christopher Boerner appointed CEO effective Nov 1, 2023; will also become Chairman on April 1, 2024.","Boerner's new package: $1.5M base salary, 150% target bonus, additional $1.6M LTI (60% PSUs, 40% MSUs).","Caforio's salary and bonus unchanged during transition; no further LTI awards after March 2024.","Board size set at 11 effective April 1, 2024, following Caforio's retirement."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-050518","json":"https://secwatch.observer/filing/0001140361-23-050518.json","markdown":"https://secwatch.observer/filing/0001140361-23-050518.md","text":"https://secwatch.observer/filing/0001140361-23-050518.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/14272/000114036123050518/0001140361-23-050518-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/14272/000114036123050518/ef20013739_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:28:55.311639+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6968d8cee1","claim":"Giovanni Caforio departed as Director at BRISTOL MYERS SQUIBB CO.","evidence_excerpt":"On October 25, 2023, Dr. Caforio advised the Board that he will not stand for re-election to the Board at the 2024 Annual Meeting of Shareholders, and will retire from the Board, effective April 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/14272/000114036123050518/0001140361-23-050518-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"a99a3c0d8f","claim":"Christopher Boerner was appointed as Chief Executive Officer at BRISTOL MYERS SQUIBB CO.","evidence_excerpt":"appointment of Christopher Boerner, Ph.D. as Chief Executive Officer by the Board, effective November 1, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/14272/000114036123050518/0001140361-23-050518-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"cbc6d2847f","claim":"Christopher Boerner was appointed as Chairman of the Board at BRISTOL MYERS SQUIBB CO.","evidence_excerpt":"the Board approved the appointment of Dr. Boerner as Chairman of the Board in addition to Chief Executive Officer, effective April 1, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/14272/000114036123050518/0001140361-23-050518-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"f12e92d170","claim":"Giovanni Caforio was appointed as Executive Chairman at BRISTOL MYERS SQUIBB CO.","evidence_excerpt":"retirement of Giovanni Caforio, M.D. as Chief Executive Officer and his election as Executive Chairman of the Board of Directors of the Company (the “Board”), effective November 1, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/14272/000114036123050518/0001140361-23-050518-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}