8-K
filed April 26, 2023, 7:59 PM ET
ticker BLCO
CIK 0001860742
other
confidence high
sentiment neutral
materiality 0.25
Bausch + Lomb shareholders approve 10M share increase for incentive plan
Bausch & Lomb Corp
- Shareholders approved amendment to 2022 Omnibus Incentive Plan, adding 10,000,000 common shares for issuance.
- All 10 director nominees elected with strong support; highest against vote was 4,014,230 for Thomas W. Ross, Sr.
- Advisory vote on executive compensation passed with 338,615,408 for vs 5,599,325 against.
- Shareholders selected annual frequency for future say-on-pay votes (341,717,168 for 1 year).
- PricewaterhouseCoopers LLP reappointed as independent auditor with 346,413,418 votes for.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Bausch & Lomb Corp shareholders approved Advisory Vote on Frequency of Future Advisory Votes on Named Executive Officer Compensation.
- Proposal
- say on pay frequency
- Outcome
- passed
Exact text from the filing
Proposal No. 3: Advisory Vote on Frequency of Future Advisory Votes on Named Executive Officer Compensation. The shareholders approved, on a non-binding advisory basis, the frequency of the shareholder vote to approve the compensation of the Company’s Named Executive Officers as described in the Proxy Statement as follows: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 341,717,168 1,808 2,501,898 4,707 2,315,925
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Bausch & Lomb Corp shareholders approved Election of Directors.
- Proposal
- director election
- Outcome
- passed
Exact text from the filing
Proposal No. 1: Election of Directors. The shareholders elected the following individuals to the Company’s Board of Directors, to serve until the close of the Company’s 2024 Annual Meeting of Shareholders, their successors are duly elected or appointed, or such director’s earlier resignation or removal: For Against Broker Non-Votes Nathalie Bernier 344,100,848 124,733 2,315,925 Richard U. De Schutter 344,094,979 130,602 2,315,925 Gary Hu 344,016,782 208,799 2,315,925 Brett Icahn 344,072,707 152,874 2,315,925 Sarah B. Kavanagh 343,989,666 235,915 2,315,925 John A. Paulson 344,095,439 130,142 2,315,925 Russel C. Robertson 344,098,056 127,525 2,315,925 Thomas W. Ross, Sr. 340,211,351 4,014,230 2,315,925 Brenton L. Saunders 342,408,245 1,817,336 2,315,925 Andrew C. von Eschenbach 343,985,915 239,666 2,315,925
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Bausch & Lomb Corp shareholders approved Appointment of the Independent Registered Public Accounting Firm.
- Proposal
- auditor ratification
- Outcome
- passed
Exact text from the filing
Proposal No. 5: Appointment of the Independent Registered Public Accounting Firm. The shareholders appointed PricewaterhouseCoopers LLP as the auditors for the Company to hold office until the close of the 2024 Annual Meeting of Shareholders and authorized the Company’s Board of Directors to fix the auditors’ remuneration. For Withheld 346,413,418 128,088
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Bausch & Lomb Corp shareholders approved Approval of an Amendment and Restatement of the Company’s 2022 Omnibus Incentive Plan to Increase the Number of Common Shares Authorized for Issuance Thereunder.
- Proposal
- equity plan
- Outcome
- passed
Exact text from the filing
Proposal No. 4: Approval of an Amendment and Restatement of the Company’s 2022 Omnibus Incentive Plan to Increase the Number of Common Shares Authorized for Issuance Thereunder. The shareholders approved an amendment and restatement of the Company’s 2022 Omnibus Incentive Plan. For Against Abstain Broker Non-Votes 334,690,271 9,528,109 7,201 2,315,925
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Bausch & Lomb Corp shareholders approved Advisory Vote on Executive Compensation.
- Proposal
- say on pay
- Outcome
- passed
Exact text from the filing
Proposal No. 2: Advisory Vote on Executive Compensation. The shareholders approved, on a non-binding advisory basis, the compensation of the Company’s Named Executive Officers as disclosed in the Compensation Discussion and Analysis section, executive compensation tables and accompanying narrative discussions contained in the Proxy Statement. For Against Abstain Broker Non-Votes 338,615,408 5,599,325 10,848 2,315,925
View on SEC.gov
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