8-K
filed April 6, 2022, 7:59 PM ET
ticker EMBC
CIK 0001872789
other material
confidence high
sentiment neutral
materiality 0.85
Embecta completes spin-off from BD, lists on NASDAQ as EMBC with $1.65B in new debt
Embecta Corp.
- Spin-off effective April 1, 2022; shares distributed to BD stockholders; EMBC listed on Nasdaq.
- Embecta is the largest diabetes injection device producer, making ~8B devices/yr for ~30M patients across 100+ countries.
- Entered $500M revolver, $950M term loan B, and $200M 6.75% senior secured notes due 2030 to fund separation and operations.
- Appointed Devdatt Kurdikar as CEO, Jacob Elguicze as CFO, and other executive officers; board expanded to nine directors.
- Estimates insulin delivery market at $6-8B annually; manufacturing footprint of ~800K sq ft in US, Ireland, and China.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Ajay Kumar was appointed as Senior Vice President and Chief Human Resources Officer at Embecta Corp..
- Action
- appointed
- Role
- Senior Vice President and Chief Human Resources Officer
Exact text from the filing
Ajay Kumar Senior Vice President and Chief Human Resources Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Robert J. Hombach was appointed as Director at Embecta Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Each of Devdatt Kurdikar, David F. Melcher, David J. Albritton, Carrie L. Anderson, Robert J. Hombach, Milton M. Morris, Claire Pomeroy, Karen N. Prange and Christopher R. Reidy was appointed as a director of Embecta as of immediately prior to the Effective Time
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Brian Capone was appointed as Vice President, Chief Accounting Officer and Corporate Controller at Embecta Corp..
- Action
- appointed
- Role
- Vice President, Chief Accounting Officer and Corporate Controller
Exact text from the filing
Brian Capone Vice President, Chief Accounting Officer and Corporate Controller
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Milton M. Morris was appointed as Director at Embecta Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Each of Devdatt Kurdikar, David F. Melcher, David J. Albritton, Carrie L. Anderson, Robert J. Hombach, Milton M. Morris, Claire Pomeroy, Karen N. Prange and Christopher R. Reidy was appointed as a director of Embecta as of immediately prior to the Effective Time
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Devdatt Kurdikar was appointed as President and Chief Executive Officer at Embecta Corp..
- Action
- appointed
- Role
- President and Chief Executive Officer
Exact text from the filing
Devdatt Kurdikar President and Chief Executive Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
David F. Melcher was appointed as Director at Embecta Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Each of Devdatt Kurdikar, David F. Melcher, David J. Albritton, Carrie L. Anderson, Robert J. Hombach, Milton M. Morris, Claire Pomeroy, Karen N. Prange and Christopher R. Reidy was appointed as a director of Embecta as of immediately prior to the Effective Time
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Stephanie Kelly departed as Director at Embecta Corp..
- Action
- ceased to be director
- Role
- Director
Exact text from the filing
Gary DeFazio, Joseph LaSala and Stephanie Kelly, who had been serving as members of the Board as of immediately prior to the Effective Time, ceased to be directors of Embecta.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
David J. Albritton was appointed as Director at Embecta Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Each of Devdatt Kurdikar, David F. Melcher, David J. Albritton, Carrie L. Anderson, Robert J. Hombach, Milton M. Morris, Claire Pomeroy, Karen N. Prange and Christopher R. Reidy was appointed as a director of Embecta as of immediately prior to the Effective Time
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Christopher R. Reidy was appointed as Director at Embecta Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Each of Devdatt Kurdikar, David F. Melcher, David J. Albritton, Carrie L. Anderson, Robert J. Hombach, Milton M. Morris, Claire Pomeroy, Karen N. Prange and Christopher R. Reidy was appointed as a director of Embecta as of immediately prior to the Effective Time
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Joseph LaSala departed as Director at Embecta Corp..
- Action
- ceased to be director
- Role
- Director
Exact text from the filing
Gary DeFazio, Joseph LaSala and Stephanie Kelly, who had been serving as members of the Board as of immediately prior to the Effective Time, ceased to be directors of Embecta.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Karen N. Prange was appointed as Director at Embecta Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Each of Devdatt Kurdikar, David F. Melcher, David J. Albritton, Carrie L. Anderson, Robert J. Hombach, Milton M. Morris, Claire Pomeroy, Karen N. Prange and Christopher R. Reidy was appointed as a director of Embecta as of immediately prior to the Effective Time
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Claire Pomeroy was appointed as Director at Embecta Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Each of Devdatt Kurdikar, David F. Melcher, David J. Albritton, Carrie L. Anderson, Robert J. Hombach, Milton M. Morris, Claire Pomeroy, Karen N. Prange and Christopher R. Reidy was appointed as a director of Embecta as of immediately prior to the Effective Time
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Devdatt Kurdikar was appointed as Director at Embecta Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Each of Devdatt Kurdikar, David F. Melcher, David J. Albritton, Carrie L. Anderson, Robert J. Hombach, Milton M. Morris, Claire Pomeroy, Karen N. Prange and Christopher R. Reidy was appointed as a director of Embecta as of immediately prior to the Effective Time
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Gary DeFazio departed as Director at Embecta Corp..
- Action
- ceased to be director
- Role
- Director
Exact text from the filing
Gary DeFazio, Joseph LaSala and Stephanie Kelly, who had been serving as members of the Board as of immediately prior to the Effective Time, ceased to be directors of Embecta.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Shaun Curtis was appointed as Senior Vice President, Global Manufacturing and Supply Chain at Embecta Corp..
- Action
- appointed
- Role
- Senior Vice President, Global Manufacturing and Supply Chain
Exact text from the filing
Shaun Curtis Senior Vice President, Global Manufacturing and Supply Chain
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Carrie L. Anderson was appointed as Director at Embecta Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Each of Devdatt Kurdikar, David F. Melcher, David J. Albritton, Carrie L. Anderson, Robert J. Hombach, Milton M. Morris, Claire Pomeroy, Karen N. Prange and Christopher R. Reidy was appointed as a director of Embecta as of immediately prior to the Effective Time
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
David F. Melcher was appointed as Non-executive Chairman at Embecta Corp..
- Action
- appointed
- Role
- Non-executive Chairman
Exact text from the filing
David F. Melcher was appointed non-executive Chairman of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jeff Mann was appointed as Senior Vice President, General Counsel, Head of Corporate Development, and Corporate Secretary at Embecta Corp..
- Action
- appointed
- Role
- Senior Vice President, General Counsel, Head of Corporate Development, and Corporate Secretary
Exact text from the filing
Jeff Mann Senior Vice President, General Counsel, Head of Corporate Development, and Corporate Secretary
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jacob Elguicze was appointed as Senior Vice President and Chief Financial Officer at Embecta Corp..
- Action
- appointed
- Role
- Senior Vice President and Chief Financial Officer
Exact text from the filing
Jacob Elguicze Senior Vice President and Chief Financial Officer
View on SEC.gov
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.