---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-116114"
form_type: "8-K"
ticker: "BAX"
cik: "0000010456"
company_name: "BAXTER INTERNATIONAL INC"
filed_at: "2026-03-19T23:59:59+00:00"
generated_at: "2026-05-15T09:34:21.909387+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Baxter updates on CEO, interim CFO, board refresh, and capital allocation priorities

## Summary
- Andrew Hider appointed President & CEO in Aug 2025; Brent Shafer named Non-Executive Chair.
- Anita Zielinski named interim CFO effective March 2026 following Joel Grade's departure.
- Michael McDonnell appointed to the Board and Audit Committee in February 2026.
- Targeting net leverage of ~3.0x by end 2026; dividend maintained at $0.01 per share quarterly.
- FY 2025 revenue $11.2B; operational sales growth +3%; adjusted diluted EPS +20%.

## SEC filing metadata
- accession: 0001193125-26-116114
- form_type: 8-K
- ticker: BAX
- cik: 0000010456
- company_name: BAXTER INTERNATIONAL INC
- filed_at: 2026-03-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10456/000119312526116114/0001193125-26-116114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10456/000119312526116114/d267248d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-116114
- JSON: https://secwatch.observer/filing/0001193125-26-116114.json
- Plain text: https://secwatch.observer/filing/0001193125-26-116114.txt

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