AI English summary of an SEC filing — figures as filed

The company said its Board of Directors appointed Sam Eldessouky as a director on October 4, 2024, increasing the full Board from 11 to 12 members.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Oct 4, 2024Period of report Oct 4, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

The company said its Board of Directors appointed Sam Eldessouky as a director on October 4, 2024, increasing the full Board from 11 to 12 members.
The company said Mr. Eldessouky was appointed to serve on the Audit Committee and the Joint Committee on Cybersecurity and will receive compensation for his services as a non-employee director, consistent with the compensation generally provided to other non-employee directors.
The company said there are no arrangements or understandings with any other person under which Mr. Eldessouky was selected as a director, and no transactions reportable under Item 404(a) of Regulation S-K. Mr. Eldessouky will enter into standard indemnification agreements with the company and TE Connectivity Corporation.
In its press release, the company said Mr. Eldessouky has served as executive vice president and chief financial officer of Bausch + Lomb Corporation since January 2022, and that he spent more than 12 years at Tyco International plc.

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.

Sam Eldessouky Appointed to Board, Expanding It from 11 to 12 Members

The company said its Board of Directors appointed Sam Eldessouky as a director on October 4, 2024, increasing the full Board from 11 to 12 members.

Source · Based on the filing body and exhibits

Audit Committee and Cybersecurity Joint Committee Assignment, Compensation

The company said Mr. Eldessouky was appointed to serve on the Audit Committee and the Joint Committee on Cybersecurity and will receive compensation for his services as a non-employee director, consistent with the compensation generally provided to other non-employee directors.

Source · Based on the filing body and exhibits

No Arrangements Tied to Appointment; Standard Indemnification Agreements to Be Signed

The company said there are no arrangements or understandings with any other person under which Mr. Eldessouky was selected as a director, and no transactions reportable under Item 404(a) of Regulation S-K. Mr. Eldessouky will enter into standard indemnification agreements with the company and TE Connectivity Corporation.

Source · Based on the filing body and exhibits

Eldessouky's Background: Bausch + Lomb CFO

In its press release, the company said Mr. Eldessouky has served as executive vice president and chief financial officer of Bausch + Lomb Corporation since January 2022, and that he spent more than 12 years at Tyco International plc.

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.

View the original filing on SEC EDGAR ↗

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