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Pfizer logoPfizer PFE

Pfizer said its board elected Mortimer J. Buckley as a director on October 10, 2024, effective immediately. The company said the election followed a broad search that began in May 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Pfizer said its board elected Mortimer J. Buckley as a director on October 10, 2024, effective immediately. The company said the election followed a broad search that began in May 2024.

  2. The company said Buckley was also elected to the Governance & Sustainability Committee and the Audit Committee of the board. Pfizer said the board will have 14 directors after his election, of whom 13 are independent.

  3. The company said Buckley was provided an indemnification agreement and will receive compensation under the company's standard arrangements for non-employee directors.

  4. The company said Buckley, age 55, served as Chairman and Chief Executive Officer of Vanguard from 2018 until his retirement in 2024. Pfizer said he joined Vanguard in 1991 and held several senior roles there, including Chief Investment Officer.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Mortimer J. Buckley Elected to Board

Pfizer said its board elected Mortimer J. Buckley as a director on October 10, 2024, effective immediately. The company said the election followed a broad search that began in May 2024.

Source · Based on the filing body and exhibits

Board Committee Assignments for Governance & Sustainability and Audit

The company said Buckley was also elected to the Governance & Sustainability Committee and the Audit Committee of the board. Pfizer said the board will have 14 directors after his election, of whom 13 are independent.

Source · Based on the filing body and exhibits

Standard Non-Employee Director Compensation and Indemnification

The company said Buckley was provided an indemnification agreement and will receive compensation under the company's standard arrangements for non-employee directors.

Source · Based on the filing body and exhibits

Buckley's Career at Vanguard

The company said Buckley, age 55, served as Chairman and Chief Executive Officer of Vanguard from 2018 until his retirement in 2024. Pfizer said he joined Vanguard in 1991 and held several senior roles there, including Chief Investment Officer.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.