---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-155902"
form_type: "8-K"
ticker: "BAX"
cik: "0000010456"
company_name: "BAXTER INTERNATIONAL INC"
filed_at: "2025-07-07T23:59:59+00:00"
generated_at: "2026-05-18T09:14:32.878769+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-155902
- form_type: 8-K
- ticker: BAX
- cik: 0000010456
- company_name: BAXTER INTERNATIONAL INC
- filed_at: 2025-07-07T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10456/000119312525155902/0001193125-25-155902-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10456/000119312525155902/d833628d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-155902
- JSON: https://secwatch.observer/filing/0001193125-25-155902.json
- Plain text: https://secwatch.observer/filing/0001193125-25-155902.txt

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