Bausch Health's Joe Papa resigns from board, John Paulson named chairperson [MarketWatch]
Bausch + Lomb Corporation (BLCO)
Company Research
Source: MarketWatch
The specialty pharmaceutical company named John Paulson as its chairperson of the board. The company said Papa's resignation from the board "was not due to any dispute or disagreement" with management or with the company's operations or policies. Papa had stepped down from his role of chief executive officer in May , and was succeeded by Thomas Appio. Papa was slated to be chairperson and CEO of Bausch + Lomb following the initial public offering of the Bausch + Lomb eye health business. Paulson is the president of investment management company Paulson & Co. Bausch Health's stock, which was still inactive in premarket trading, has tumbled 73.7% year to date, while the S&P 500 SPX, has dropped 20.4%. Read Next About the Author Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.
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BLCO
News
- Bausch + Lomb Co. (NYSE: BLCO) had its price target lowered by analysts at Royal Bank of Canada from $20.00 to $18.00. They now have an "outperform" rating on the stock.MarketBeat
- Nicox Provides First Quarter 2024 Update and Full Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Bausch + Lomb Reports More Than 84 Million Units of Contact Lenses, Lens Care and Eye Care Materials Collected Through Innovative Recycling Programs [Yahoo! Finance]Yahoo! Finance
- Bausch + Lomb Reports More Than 84 Million Units of Contact Lenses, Lens Care and Eye Care Materials Collected Through Innovative Recycling ProgramsBusiness Wire
- Bausch + Lomb Will Release First-Quarter 2024 Financial Results on May 1 [Yahoo! Finance]Yahoo! Finance
BLCO
Earnings
- 2/21/24 - Beat
BLCO
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- BLCO's page on the SEC website