{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-039729","form_type":"8-K","ticker":"BLCO","cik":"0001860742","company_name":"Bausch & Lomb Corp","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.225424+00:00","generated_at":"2026-06-19T12:05:35.250536+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bausch + Lomb appoints Brent Saunders as CEO and Chair, effective March 6, 2023","bullets":["Brent Saunders appointed CEO and Chair, effective March 6, 2023; Joseph Papa steps down.","Saunders previously served as CEO of Bausch + Lomb from 2010-2013; over 25 years healthcare leadership.","Employment agreement: $1.6M base salary, $6.5M cash sign-on bonus, equity grants of 750k PSUs, 1.32M options, 375k RSUs.","Saunders will join Feb 16 in advisory capacity; Thomas Ross becomes Lead Independent Director."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-039729","json":"https://secwatch.observer/filing/0001193125-23-039729.json","markdown":"https://secwatch.observer/filing/0001193125-23-039729.md","text":"https://secwatch.observer/filing/0001193125-23-039729.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1860742/000119312523039729/0001193125-23-039729-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1860742/000119312523039729/d451228d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T12:05:35.250536+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":"1c0afc3c8a","claim":"Brent Saunders was appointed as Chief Executive Officer and Chair at Bausch & Lomb Corp.","evidence_excerpt":"On February 15, 2023, Bausch + Lomb Corporation (the “Company”) announced the appointment of Brent Saunders as Chief Executive Officer of the Company, effective March 6, 2023 (the “Transition Date”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1860742/000119312523039729/0001193125-23-039729-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer and Chair"}],"fact_type":"executive_change"},{"claim_id":"d0f8d81b8f","claim":"Joseph C. Papa departed as Chief Executive Officer at Bausch & Lomb Corp.","evidence_excerpt":"Joseph C. Papa will step down from his roles as Chief Executive Officer and member of the board of directors of the Company (the “Board”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1860742/000119312523039729/0001193125-23-039729-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"fc6e3d55b2","claim":"Thomas W. Ross, Sr. changed role as Lead Independent Director at Bausch & Lomb Corp.","evidence_excerpt":"Effective upon Mr. Saunders’ appointment as Chair of the Board on the Transition Date, Thomas W. Ross, Sr. will become the Lead Independent Director of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1860742/000119312523039729/0001193125-23-039729-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"become the Lead Independent Director"},{"label":"Role","value":"Lead Independent Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}