{"schema_version":"secwatch.filing_event.v1","accession":"0001860742-22-000030","form_type":"8-K","ticker":"BLCO","cik":"0001860742","company_name":"Bausch & Lomb Corp","filed_at":"2022-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.815991+00:00","generated_at":"2026-06-21T00:18:06.569021+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bausch + Lomb CEO Joseph Papa to remain until March–June 2023; severance amended","bullets":["CEO Joseph C. Papa to serve through at least March 4, 2023, and no later than June 30, 2023, under amended separation agreement.","Board continues search for a new CEO; Papa’s departure date tied to successor appointment or Board discretion.","Papa receives $1.2M prorated target bonus (50% of target) on termination, replacing performance-based bonus.","Accelerated vesting of 315,592 RSUs (shares remain restricted until distribution, change of control, or 2-year anniversary) and 1,248,496 stock options."],"urls":{"canonical":"https://secwatch.observer/filing/0001860742-22-000030","json":"https://secwatch.observer/filing/0001860742-22-000030.json","markdown":"https://secwatch.observer/filing/0001860742-22-000030.md","text":"https://secwatch.observer/filing/0001860742-22-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1860742/000186074222000030/0001860742-22-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1860742/000186074222000030/blco-20221222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T00:18:06.569021+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"204923029d","claim":"Joseph C. Papa departed as Chief Executive Officer at Bausch & Lomb Corp.","evidence_excerpt":"Mr. Papa agreed to continue serving as Chief Executive Officer until at least March 4, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1860742/000186074222000030/0001860742-22-000030-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"agreed to continue serving"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}