8-KFiling Date: Oct 7, 2026

Boston Scientific (BSX) 8-K: New COO, three segments (Oct 7, 2026)

Executive Change, Other Events, Financial Statements

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ACC: 0000885725-26-000064

Event Type

Executive ChangeOther EventsFinancial Statements
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Event Description

Item 5.02. Executive Change
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On October 7, 2026, Boston Scientific Corporation announced that Joe Fitzgerald, age 63, who joined the Company in 1990 and currently serves as Executive Vice President and Group President, Cardiovascular, will become Executive Vice President and Chief Operating Officer effective January 1, 2027; under his offer letter, effective that date, he will receive an annual base salary of $1,050,000, an annual bonus target of 110% of base salary, a 2027 annual equity award with a total grant date fair value of $7,000,000 vesting 25% per year, and continued eligibility for the Deferred Bonus Plan, Executive Retirement Plan (with a lump-sum retirement benefit of 2.5 months’ base salary per year of service, capped at 36 months), and Change in Control Agreement. On October 1, 2026, the Board appointed Emily Woodworth (Collins) as Senior Vice President, Global Finance Controller and Finance Transformation effective March 1, 2027, at which time she will cease serving as Chief Accounting Officer, and the filing states the transition is not due to any disagreement with the Company on financial statements, internal control over financial reporting, operations, policies, or practices. Also on October 1, 2026, the Board appointed Mark Bickel, age 49, as Senior Vice President, Global Accounting Controller and Chief Accounting Officer effective March 1, 2027; Bickel currently serves as Senior Vice President, Finance and Global Controller of the Cardiovascular business and previously served as Group Vice President, Finance and Global Cardiology Controller from 2022 to 2024 and Vice President, Finance and Global Controller, Rhythm Management from 2013 to 2021. The filing states there are no arrangements or understandings with any other person pursuant to which Fitzgerald or Bickel was selected as an officer, no family relationships between either and any director or other officer, and Bickel has no direct or indirect material interest in any transaction required to be disclosed under Item 404(a).

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Chief Operating Officer On October 7, 2026, Boston Scientific Corporation (the Company ) announced that Joe Fitzgerald, who currently serves as Executive Vice President and Group President, Cardiovascular, has been promoted to Executive Vice President and Chief Operating Officer of the Company, effective as of January 1, 2027. Mr. Fitzgerald, age 63, joined the Company in 1990, and has held a variety of management positions in the Company s Cardiovascular business. In his current position, which he has held since May 2022, Mr. Fitzgerald oversees development and commercialization of advanced heart therapies for health care professionals and patients globally. Prior to that, Mr. Fitzgerald served as Executive Vice President and President, Cardiology from January 2022 to April 2022, as Executive Vice President and President, Interventional Cardiology from July 2020 to January 2022, as Executive Vice President and President, Rhythm Management from 2014 to 2020, and as Senior Vice President and President, Cardiac Rhythm Management from 2011 to 2014, as well as various roles of increasing responsibility prior to that. Mr. Fitzgerald is a member of the Company s Global Council for Inclusion and is executive sponsor of the Company s Women s Network employee resource group. Mr. Fitzgerald received an MBA from Southern Illinois University with a concentration in marketing and finance and a BS in business from Indiana University. Under the terms of Mr. Fitzgerald s offer letter (the Offer Letter ), effective as of January 1, 2027, as Executive Vice President and Chief Operating Officer, Mr. Fitzgerald will be entitled to the following: An annual base salary of $1,050,000; Continued eligibility to participate in the Company s Annual Bonus Plan, with an incentive target percentage equal to 110% of his annual base salary; Continued eligibility to participate in the Company s Deferred Bonus Plan, as previously filed with the SEC, pursuant to which Mr. Fitzgerald is able to elect to defer up to 75% of the annual bonus awarded to him for each applicable year; An annual equity award for 2027 having a total grant date fair value of $7,000,000, to be made pursuant to the Company s 2011 Long Term Incentive Plan, as amended (the LTIP ), as previously filed with the SEC, and in the normal course for annual equity awards granted to executive officers pursuant to the Company s long term incentive program, expected in February 2027. The equity award will be in the form of non-qualified stock options and restricted stock units ( RSUs ), including performance-based RSUs, in each case subject to the provisions of the LTIP and applicable award agreements and vesting 25% per year; thereafter, long term incentive compensation grants for Mr. Fitzgerald will be evaluated annually in the normal course by the Executive Compensation and Human Resources Committee of the Company s Board of Directors, consistent with the Company s long term incentive program for its executive officers; Continued eligibility to participate in the Company s Executive Retirement Plan, as previously filed with the SEC, under which Mr. Fitzgerald would be eligible to receive certain benefits if he retires (as defined in the Executive Retirement Plan) from the Company, including a lump sum payment equal to 2.5 months base salary for each year of service, subject to a maximum benefit of 36 months; and Payments and benefits provided for under the Company s standard form of Change in Control Agreement for its executive officers, as previously filed with the SEC, in the event of, following a Change in Control, Mr. Fitzgerald s termination by the Company without cause or his resignation for good reason, all subject to and in accordance with the agreement. The Company has previously entered into an Indemnification Agreement with Mr. Fitzgerald on the Company s standard form for its executive officers, as previously filed with the SEC. A form of Mr. Fitzgerald s Offer Letter is included in this filing as Exhibit 10.1 and is incorporated herein by reference. The foregoing summary does not purport to be complete and is subject to and qualified in its entirety by reference to the full text of the Offer Letter. There are no arrangements or understandings between Mr. Fitzgerald and any other person pursuant to which Mr. Fitzgerald was selected as an officer, and there are no family relationships between Mr. Fitzgerald and any director or other officer of the Company. Certain transactions since the beginning of the Company s last fiscal year in which the Company is a participant and in which Mr. Fitzgerald has an interest that are required to be reported under Item 404(a) of Regulation S-K are described in the section titled Related Party Transactions in the Company s definitive Proxy Statement filed with the Securities and Exchange Commission on March 18, 2026. Chief Accounting Officer On October 1, 2026, the Company s Board of Directors appointed Emily Woodworth (Collins) as Senior Vice President, Global Finance Controller and Finance Transformation, effective as of March 1, 2027. Ms. Woodworth will continue serving in her current position as Senior Vice President, Global Controller and Chief Accounting Officer, which she has held since January 2024, until March 1, 2027, at which time Ms. Woodworth will no longer serve as the Company s Chief Accounting Officer. Ms. Woodworth s transition from the Chief Accounting Officer position is not due to any disagreement with the Company on any matter relating to the Company s financial statements, internal control over financial reporting, operations, policies, or practices. Also on October 1, 2026, the Company s Board of Directors appointed Mark Bickel, age 49, as Senior Vice President, Global Accounting Controller and Chief Accounting Officer, effective as of March 1, 2027. Mr. Bickel currently serves as Senior Vice President, Finance and Global Controller of the Company s Cardiovascular business, a position he has held since January 2025. Prior to serving in his current role, Mr. Bickel served in various roles of increasing responsibility, including as Group Vice President, Finance and Global Cardiology Controller from 2022 to 2024, and before that as Vice President, Finance and Global Controller, Rhythm Management from 2013 to 2021. Mr. Bickel received an MBA from Indiana University with a concentration in finance, a BS in physical therapy from Indiana University, and is an active Certified Public Accountant (CPA). Mr. Bickel is expected to receive a base salary and participate in the Company s annual bonus plan and incentive stock awards program, as well as continue to be eligible to participate in other employee benefit programs, commensurate with the Company s officers. There are no arrangements or understandings between Mr. Bickel and any other person pursuant to which Mr. Bickel was selected as an officer, and there are no family relationships between Mr. Bickel and any director or other officer of the Company. Mr. Bickel does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
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Event Description

Item 8.01. Other Events
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On October 7, 2026, Boston Scientific Corporation disclosed under Item 8.01 Other Events a press release announcing that Joseph M. Fitzgerald, currently executive vice president and group president, Cardiovascular, was appointed executive vice president and chief operating officer effective January 1, 2027, overseeing global operations, business units and regions. Effective the same date, the company will establish three reportable segments—Interventional Therapies, Rhythm Solutions and MedSurg—led respectively by Lance Bates, Nick Spadea-Anello and Stephen Morse, each reporting to Fitzgerald; Interventional Therapies will include the Penumbra business following the anticipated close of the acquisition. Boston Scientific stated the new operating structure is designed to increase efficiency, enable faster decision-making and support strategic allocation of investments amid continued growth. The press release disclosed no specific financial, operational, or stock-price impact from the appointment or reorganization.

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Item 8.01 Other Events. A copy of the Company s press release dated October 7, 2026, announcing the events described under
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EX-99.1ex991-octoberbscpressrelea.htm6,937 charsexpand_more
EX-99.1 3 ex991-octoberbscpressrelea.htm EX-99.1 DocumentExhibit 99.1Boston Scientific appoints Joseph M. Fitzgerald Executive Vice President and Chief Operating OfficerNew operating structure designed to increase efficiency and support continued growthMARLBOROUGH, Mass., Oct. 7, 2026 Boston Scientific Corporation (NYSE BSX) today announced the appointment of Joseph M. Fitzgerald to executive vice president and chief operating officer (COO), effective Jan. 1, 2027. In this role, Fitzgerald will oversee the company s global operations, business units and regions.In connection with Fitzgerald s appointment, Boston Scientific will establish three reportable segments* Interventional Therapies, Rhythm Solutions and MedSurg also effective Jan. 1. As the company continues to grow and expand its portfolio, the structure is designed to enable faster decision making and support strategic allocation of investments across the company s portfolio. Joe s deep knowledge of our business and markets, strategic leadership and strong track record of execution make him well suited for this role, said Mike Mahoney, chairman and chief executive officer, Boston Scientific. These changes reflect the scale and breadth of our business today and the opportunities ahead. The new operating model will create greater capacity to focus on our long-term growth priorities while enabling our businesses to move faster and remain close to our customers and their patients. Lance Bates, executive vice president and president, Interventional Therapies, will lead the global Interventional Therapies segment, which will include the Penumbra business following the anticipated close of the acquisition. Nick Spadea-Anello, executive vice president and president, Atrial Fibrillation Solutions, will lead the global Rhythm Solutions segment. Stephen Morse, senior vice president and president, Asia Pacific, will serve as executive vice president and president, MedSurg and Asia Pacific. Each will report to Fitzgerald.Fitzgerald currently serves as executive vice president and group president, Cardiovascular, Boston Scientific. Under his leadership, the company has strengthened its portfolio through organic innovation, strategic investments and commercial execution, introducing new technologies that have advanced care for patients around the world. *Interventional Therapies will include the Interventional Cardiology, Vascular Therapies and Interventional Oncology Embolization businesses Rhythm Solutions will include Electrophysiology, WATCHMAN and Cardiac Rhythm Management Diagnostics and MedSurg will include Endoscopy, Urology and Neuromodulation.About Boston ScientificBoston Scientific transforms lives through innovative medical technologies that improve the health of patients around the world. As a global medical technology leader for more than 45 years, we advance science for life by providing a broad range of high-performance solutions that address unmet patient needs and reduce the cost of healthcare. Our portfolio of devices and therapies helps physicians diagnose and treat complex cardiovascular, respiratory, digestive, oncological, neurological and urological diseases and conditions. Learn more at www.bostonscientific.com and follow us on LinkedIn.Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may be identified by words like anticipate, expect, project, believe, plan, estimate, may, intend and similar words. These forward-looking statements are based on our beliefs, assumptions and estimates using information available to us at the time and are not intended to be guarantees of future events or performance. These forward-looking statements include, among other things, statements regarding our management transition and organizational plans, business plans and product performance, and financial performance. If our underlying assumptions turn out to be incorrect, or if certain risks or uncertainties materialize, actual results could vary materially from the expectations and projections expressed or implied by our forward-looking statements. These factors, in some cases, have affected and in the future (together with other factors) could affect our ability to implement our business strategy and may cause actual results to differ materially from those contemplated by the statements expressed in this press release. As a result, readers are cautioned not to place undue reliance on any of our forward-looking statements.Risks and uncertainties that may cause such differences include, among other things economic conditions, including the impact of foreign currency fluctuations future U.S. and global political, competitive, reimbursement and regulatory conditions, including changing trade and tariff policies geopolitical conflicts and tensions manufacturing, distribution and supply chain disruptions and cost increases disruptions caused by cybersecurity events disruptions caused by public health emergencies or extreme weather or other climate change-related events labor shortages and increases in labor costs variations in outcomes of ongoing and future clinical trials and market studies new product introductions expected procedural volumes the closing and integration of acquisitions demographic trends intellectual property litigation financial market conditions the execution and effect of our business strategy, including our cost-savings and growth initiatives and future business decisions made by us and our competitors. New risks and uncertainties may arise from time to time and are difficult to predict accurately and many of them are beyond our control. For a further list and description of these and other important risks and uncertainties that may affect our future operations, see Part I, Item 1A - Risk Factors in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, which we may update in Part II, Item 1A - Risk Factors in Quarterly Reports on Form 10-Q we have filed or will file hereafter. We disclaim any intention or obligation to publicly update or revise any forward-looking statements to reflect any change in our expectations or in events, conditions, or circumstances on which those expectations may be based, or that may affect the likelihood that actual results will differ from those contained in the forward-looking statements, except as required by law. This cautionary statement is applicable to all forward-looking statements contained in this press release. CONTACT Media Chanel Hastings Investors Lauren Tengler 508-382-0288 (office) 508-683-4479 (office) Media Relations Investor Relations Boston Scientific Corporation Boston Scientific Corporation chanel.hastings bsci.com BSXInvestorRelations bsci.com
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Event Description

Item 9.01. Financial Statements
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Item 9.01(d) lists Exhibit 10.1, a Form of Offer Letter dated October 1, 2026, between Mr. Fitzgerald and Boston Scientific Corporation; Exhibit 99.1, a press release issued by Boston Scientific Corporation dated October 7, 2026; and Exhibit 104, the Cover Page Interactive Data File embedded within the Inline XBRL document. The report is signed by Boston Scientific Corporation on October 7, 2026, by /s/ Susan Thompson, Vice President, Chief Corporate Counsel and Assistant Secretary.

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Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Form of Offer Letter dated October 1, 2026 between M r. Fitzgerald and Boston Scientific Corporation. 99.1 Press Release issued by Boston Scientific Corporation, dated October 7, 2026. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 7, 2026 BOSTON SCIENTIFIC CORPORATION By: /s/ Susan Thompson Susan Thompson Vice President, Chief Corporate Counsel and Assistant Secretary
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Deep Analysis

**Boston Scientific promotes 36-year veteran Joe Fitzgerald to COO and reorganizes into three reportable segments effective Jan. 1, 2027, with a $1.05M salary and $7M equity grant.

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