---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-180410"
form_type: "8-K"
ticker: "BHC"
cik: "0000885590"
company_name: "Bausch Health Companies Inc."
filed_at: "2022-06-24T23:59:59+00:00"
generated_at: "2026-06-24T23:28:17.505893+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Joseph C. Papa resigns from Bausch Health board; John Paulson appointed Chairperson

## Summary
- Joseph C. Papa resigned from the Board effective immediately; not due to any dispute with management.
- John A. Paulson appointed to the Board and as Chairperson, effective upon Papa's resignation.
- Paulson is President and Portfolio Manager of Paulson & Co., and previously served on Bausch Health's board from 2017 to 2022.
- With Paulson as an independent director, the Lead Independent Director position is eliminated; Ross continues on Board.
- All 12 director nominees were elected at the June 21, 2022 annual meeting, including Papa (before resignation).

## SEC filing metadata
- accession: 0001193125-22-180410
- form_type: 8-K
- ticker: BHC
- cik: 0000885590
- company_name: Bausch Health Companies Inc.
- filed_at: 2022-06-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885590/000119312522180410/0001193125-22-180410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885590/000119312522180410/d267589d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-180410
- JSON: https://secwatch.observer/filing/0001193125-22-180410.json
- Plain text: https://secwatch.observer/filing/0001193125-22-180410.txt

## Key facts
- Executive change
  John A. Paulson was appointed as Chairperson of the Board at Bausch Health Companies Inc..
  - Action: appointed
  - Role: Chairperson of the Board
  source text: Also on June 23, 2022, the Company announced the Board’s appointment of John A. Paulson to the Board to fill the resulting vacancy, effective upon Mr. Papa’s resignation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885590/000119312522180410/0001193125-22-180410-index.htm
- Executive change
  Joseph C. Papa resigned as Director at Bausch Health Companies Inc..
  - Action: resigned
  - Role: Director
  source text: On June 23, 2022, Bausch Health Companies Inc. (“Bausch Health” or the “Company”) announced that Joseph C. Papa resigned from the Company’s Board of Directors (the “Board”), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885590/000119312522180410/0001193125-22-180410-index.htm

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