8-KThe WireRed Alert
Executive Change
Filed Jun 12, 2023 · 3y ago · Accession 0001104659-23-070203
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗Common Shares, Without Par Value
ABT
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
June 9, 2023
Date of Report (Date of earliest event reported)
ABBOTT LABORATORIES
(Exact name of registrant as specified in
charter)
Illinois
1-2189
36-0698440
(State or other Jurisdiction
(Commission File Number)
(IRS Employer
of Incorporation)
Identification No.)
100 Abbott Park Road
Abbott Park , Illinois 60064-6400
(Address of principal executive offices)(Zip
Code)
Registrant’s telephone number, including
area code: ( 224 ) 667-6100
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of
the Act:
Title of Each Class
Trading
Symbol(s)
Name of Each Exchange
on Which
Registered
Common
Shares, Without Par Value
ABT
New
York Stock Exchange
Chicago
Stock Exchange, Inc.
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of
the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
I tem
5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
Effective September 1, 2023, Robert E. Funck, Jr. has been appointed
Executive Vice President, Finance; Philip P. Boudreau has been appointed Senior Vice President, Finance and Chief Financial Officer and
will continue to report to Mr. Funck in his new role; and John A. McCoy, Jr. has been appointed Vice President, Controller.
Mr. Boudreau has served as Abbott’s Vice President, Controller
since 2020, and served as Divisional Vice President, Controller, Medical Devices from 2017 to 2020 and as Divisional Vice President, Controller
and Commercial Support, Point of Care Diagnostics from 2012 to 2017. Mr. Boudreau also worked in various finance positions in Abbott’s
Diagnostics, Diabetes, and Nutrition businesses during his career. He joined Abbott in 1997 and became a corporate officer in 2020. Mr.
Boudreau’s base salary will be $600,000 and his target annual bonus opportunity will be 90% of his base salary. He will also enter
into an Agreement Regarding Change in Control in the form filed as Exhibit 10.1 to Abbott’s Current Report on Securities and
Exchange Commission Form 8-K dated November 30, 2012.
Mr.
McCoy, 53, has served as Abbott’s Vice President, Treasurer since 2021, and served as Divisional Vice President, Controller, Rapid
Diagnostics from 2018 to 2021 and as Divisional Vice President, Financial Shared Services from 2017 to 2018. He joined Abbott in 2017
and became a corporate officer in 2021. Prior to joining Abbott, Mr. McCoy served as Senior Vice President and Corporate Controller at
Baxalta Incorporated from 2015 to 2017. Mr. McCoy will receive compensation pursuant to certain plans provided by Abbott, including
a base salary, annual incentive, long-term incentive, and other benefits typically available to other similarly situated executive officers.
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ABBOTT LABORATORIES
Date: June 12, 2023
By:
/s/ Hubert L. Allen
Hubert L. Allen
Executive Vice President, General Counsel and Secretary
Filing details
- Company
- ABBOTT LABORATORIES
- Ticker
- ABT
- CIK
- 1800
- Form type
- 8-K
- Filing date
- Jun 12, 2023
- Report date
- Jun 9, 2023
- Document
- tm2318433d1_8k.htm
- Size
- 248 KB