secwatch.observer — SEC 8-K summary
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Issuer:     Bausch Health Companies Inc. (BHC)
CIK:        0000885590
Form:       8-K
Filed at:   2025-07-10T23:59:59+00:00
Accession:  0001193125-25-157612
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bausch Health appoints Steven Lee as SVP, Controller and Chief Accounting Officer
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- Effective July 14, 2025; Lee will oversee financial reporting and corporate controllership.
- Annual base salary of $450,000; target cash bonus 50% of salary; sign-on equity $175,000 in RSUs.
- Previously VP/CFO at BrandSafway and VP, Corporate Controller/CAO at Mohawk Industries.
- Sign-on bonus must be repaid if Lee resigns within first year; without-cause termination provides one-year salary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885590/000119312525157612/0001193125-25-157612-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885590/000119312525157612/d884372d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-157612

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer