Departure and appointment · 13 October 2026
Bausch & Lomb Corp
BLCO · Listed
Key facts
- How the CEO left
- Resignation
- Planned or abrupt
- Abrupt
- Successor
- Interim CEO
- Outgoing CEO stays as
- Leaves the company
- Signs it was forced
- Yes
- Other news alongside
- Financial results
- Effective
- 12 October 2026
- Reason given
- mutual agreement
Read from the filing and press release by a language model (Google Gemini), told to use only that text. It can make mistakes; the quotes below are the source.
The announcement
On October 12, 2026, Bausch + Lomb Corporation (the “Company”) announced that Brent Saunders, Chief Executive Officer of the Company and a member of the Company’s board of directors (the “Board”), and the Board have mutually agreed that Mr. Saunders will depart from the Company, effective as of October 12, 2026 (the “Separation Date”).
Thomas J. Appio, who is currently Chairman of the Board, was appointed to serve as the interim Chief Executive Officer of the Company, effective as of October 12, 2026.
Other than the foregoing, there are no arrangements or understandings between Mr. Appio and any other person pursuant to which he was appointed as the interim Chief Executive Officer of the Company, and there are no family relationships between Mr. Appio and any director or executive officer of the Company.
Sentences matched by our CEO change rules, from the first filing. Read the 8-K on SEC EDGAR ↗
Share price reaction
The filing reached SEC EDGAR on 13 October 2026 at 10:09 New York time, during trading hours, so day 0 is that same day. Day 0 is marked by the vertical line.
| Window | BLCO | S&P 500 | Abnormal |
|---|---|---|---|
| Days 0 to +1 | −0.2% | −1.1% | +1.0% |
| Days 0 to +3 | +2.6% | −1.9% | +4.8% |
| 1 month (days 0 to +21)so far, 11 of 22 days | +9.6% | −1.1% | +10.7% |
| 3 months (days 0 to +63)so far, 11 of 64 days | +9.6% | −1.1% | +10.7% |
The abnormal return is the stock's return beyond what its usual relationship with the market (beta 1.06) predicts. A single stock's move can reflect other news on the same days, so it describes what happened rather than measuring the effect of the CEO change; averages across many events are on the Research design page as they are completed.
News coverage
No matching headlines found. Coverage is thinner for smaller companies.