Baxter appoints Andrew Hider as CEO, effective on or before Sept 3, 2025

BAXTER INTERNATIONAL INC

Appointment of Andrew Hider as President and CEO, effective on or before Sept 3, 2025.
Hider previously CEO of ATS Corporation; under his leadership ATS revenues nearly doubled over 5 years.
Compensation: base salary $1.35M, target bonus 150% of base, LTI target $14M, sign-on cash $1M and equity awards.
Brent Shafer will transition from Interim CEO to Non-Executive Chair of the Board effective on Effective Date.
Shafer will rejoin Audit and Nominating committees as independent director.

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