Bausch + Lomb (NYSE: BLCO) appoints Eduardo Alfonso and Steven Collis to board
Rhea-AI Filing Summary
Bausch + Lomb Corporation announced that it has appointed Eduardo C. Alfonso, MD, and Steven H. Collis to its board of directors, effective January 1, 2026. They are filling vacancies created by the departures of Brett Icahn and Gary Hu from the board in August 2025.
The board determined that both new directors are independent under New York Stock Exchange and Toronto Stock Exchange rules and the company’s corporate governance guidelines. They have not yet been appointed to any board committees, will receive compensation under the standard Non-Employee Directors Compensation Policy, and have entered into the company’s standard director indemnification agreements. The company states there are no special arrangements or related-party transactions involving either new director that require disclosure.
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FAQ
What board changes did Bausch + Lomb (BLCO) disclose on December 17, 2025?
Bausch + Lomb Corporation announced the appointment of Eduardo C. Alfonso, MD, and Steven H. Collis to its board of directors, effective January 1, 2026, to fill vacancies created by the departures of Brett Icahn and Gary Hu in August 2025.
Are the new Bausch + Lomb (BLCO) directors considered independent?
The board determined that both Dr. Alfonso and Mr. Collis are independent in accordance with applicable New York Stock Exchange and Toronto Stock Exchange rules and the company’s corporate governance guidelines.
Will the new Bausch + Lomb (BLCO) directors serve on any board committees?
As of this announcement, Dr. Alfonso and Mr. Collis have not been appointed to serve on any committees of the board of directors.
How will Bausch + Lomb (BLCO) compensate its new non-employee directors?
Dr. Alfonso and Mr. Collis will receive compensation under the company’s Non-Employee Directors Compensation Policy, as in effect from time to time, and each has entered into the company’s standard form of director indemnification agreement.
Are there any special arrangements related to the selection of the new Bausch + Lomb (BLCO) directors?
The company states there are no arrangements or understandings between either Dr. Alfonso or Mr. Collis and any other person pursuant to which they were selected as directors.
Do the new Bausch + Lomb (BLCO) directors have any related-party transactions with the company?
The company reports that there are no transactions in which it is a party and in which either Dr. Alfonso or Mr. Collis has a material interest that would require disclosure under Item 404(a) of Regulation S-K.
Did Bausch + Lomb (BLCO) issue a press release about the new director appointments?
Yes. A press release dated December 17, 2025 announcing the appointments of Dr. Alfonso and Mr. Collis is included as Exhibit 99.1.