{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-197382","form_type":"8-K","ticker":"BLCO","cik":"0001860742","company_name":"Bausch & Lomb Corp","filed_at":"2022-07-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.493822+00:00","generated_at":"2026-06-24T11:39:59.148757+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bausch + Lomb begins CEO search; Papa steps down as chair, reaffirms FY2022 guidance","bullets":["Joseph Papa steps down as Board chair; Thomas W. Ross Sr. appointed chair. Papa remains CEO until successor found.","Separation agreement provides Papa with 2x base salary + target bonus lump sum, health benefits, and prorated equity vesting.","Board reconstitutes committees: Sarah Kavanagh chairs Audit, Richard De Schutter chairs Talent/Comp, Ross chairs Nominating/Governance.","Company reaffirms full-year 2022 guidance (announced June 8, 2022) and spinoff from Bausch Health expected in 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-197382","json":"https://secwatch.observer/filing/0001193125-22-197382.json","markdown":"https://secwatch.observer/filing/0001193125-22-197382.md","text":"https://secwatch.observer/filing/0001193125-22-197382.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1860742/000119312522197382/0001193125-22-197382-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1860742/000119312522197382/d330026d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T11:39:59.148757+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":"53b85d4e66","claim":"Thomas W. Ross, Sr. was appointed as Chairperson of the Board at Bausch & Lomb Corp.","evidence_excerpt":"Chairperson: Thomas W. Ross, Sr.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1860742/000119312522197382/0001193125-22-197382-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairperson of the Board"}],"fact_type":"executive_change"},{"claim_id":"7d9c79bc9b","claim":"Joseph C. Papa departed as Chief Executive Officer at Bausch & Lomb Corp.","evidence_excerpt":"Joseph C. Papa will continue serving as Chief Executive Officer until his successor is appointed","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1860742/000119312522197382/0001193125-22-197382-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will step down"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}