secwatch.observer — SEC 8-K summary
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Issuer:     GE HealthCare Technologies Inc. (GEHC)
CIK:        0001932393
Form:       8-K
Filed at:   2023-03-24T23:59:59+00:00
Accession:  0001932393-23-000041
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GE HealthCare adopts new severance plan for CEO and leadership team; boosts change-in-control benefits.
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- CEO severance: 2.0x base + 2.0x bonus (non-CIC) or 2.99x each (CIC within 2 years); benefits for 24/36 months.
- Leadership team: 1.0x base + 1.0x bonus (non-CIC) or 2.0x each (CIC); benefits for 12/24 months.
- Effective April 1, 2023; replaces prior GE HealthCare US Executive Severance Plan.
- Severance contingent on signing release with non-compete, non-solicit, non-disparagement.
- Committee retains discretion to amend or terminate the plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1932393/000193239323000041/0001932393-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1932393/000193239323000041/gehc-20230323.htm
  HTML page:      https://secwatch.observer/filing/0001932393-23-000041

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