5 unchanged sentences
As of February 21, 2025, the following serve as Baxter’s executive officers:
−Removed: Almeida , age 61, is Chair, President and Chief Executive Officer, having served in that capacity since January 2016.
−Removed: He began serving as an executive officer of Baxter in October 2015.
−Removed: He served as Senior Advisor with The Carlyle Group from May 2015 until October 2015.
−Removed: Previously, he served as the Chairman, President and Chief Executive Officer of Covidien plc (Covidien), a global health care products company, from March 2012 to January 2015, prior to the acquisition of Covidien by Medtronic plc (Medtronic), and President and Chief Executive Officer of Covidien from July 2011 to March 2012.
−Removed: Almeida served in other executive roles with Covidien (formerly Tyco Healthcare (Tyco)) between April 2004 and June 2011.
−Removed: Almeida currently serves on the Board of Directors of Bank of America.
−Removed: He previously served as a member of the Board of Directors of Ortho-Clinical Diagnostics, Walgreens Boots Alliance, Inc., and the board of trustees of Partners in Health.
+Added: Brent Shafer , age 67, is Chair and Interim Chief Executive Officer.
+Added: He was appointed to his role on February 3, 2025, in connection with Mr.
+Added: José Almeida's separation from Baxter.
+Added: He is the former Chair and Chief Executive Officer of Cerner Corporation (Cerner), a leading provider of various health information technologies, ranging from medical devices to electronic health records to hardware, serving in this role from 2018 to 2021.
+Added: Prior to Cerner, Mr.
+Added: Shafer held a number of roles at Philips, including Chief Executive Officer of Philips North America, a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care.
+Added: Shafer was also the Chief Executive Officer of Philips Home Healthcare Solution business.
+Added: Before joining Philips, Mr.
+Added: Shafer was Vice President and General Manager of Hillrom’s Patient Care Environment Division and worked at GE Medical Systems where he served in key positions in sales, marketing, and general management.
+Added: Shafer has also held senior roles at Hewlett Packard’s Medical Products Group and Johnson & Johnson.
+Added: Shafer currently serves as a director of Tactile Systems Technology, Inc.
+Added: and Veracyte, Inc.
James Borzi , age 62, is Executive Vice President and Chief Supply Chain Officer.
He joined Baxter in August 2020 from GE Healthcare, where he served as Vice President, Chief Supply Chain Officer from 2019 to 2020.
−Removed: Prior to joining GE Healthcare, he served in various manufacturing operations leadership roles at Becton Dickinson (BD), including Executive Vice President of Global Operations and Chief Supply Chain Officer from 2013 to 2019.
+Added: Prior to joining GE Healthcare, he served in various manufacturing operations leadership roles at Becton Dickinson, including Executive Vice President of Global Operations and Chief Supply Chain Officer from 2013 to 2019.
Earlier in his career, he was Senior Vice President of Operations & Technology at Hydro Aluminum and Executive Vice President of Worldwide Operations at Lennox International.
2 unchanged sentences
Borzi is a senior advisor to the NAI Group, a Pritzker Private Capital company.
−Removed: Grade, age 53, is Executive Vice President and Chief Financial Officer.
−Removed: Grade joined Baxter in 2023 following a 25-year career with Sysco Corporation (Sysco), the world’s global foodservice leader.
+Added: Grade, age 54, is Executive Vice President, Chief Financial Officer and Interim Chief Accounting Officer.
+Added: Grade joined Baxter in 2023 as Executive Vice President, Chief Financial Officer.
+Added: Additionally, he was elected as our interim Chief Accounting Officer and Principal Accounting Officer (CAO) in September 2024 and will cease serving in that interim capacity as of February 21, 2025.
+Added: Grade joined Baxter following a 25-year career with Sysco Corporation (Sysco), the world’s global foodservice leader.
He most recently served as Sysco’s Executive Vice President, Corporate Development from 2020 to 2023.
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He currently serves as a member of Northwestern University-Kellogg School of Business Financial Network Advisory Board and the Dean’s External Advisory Board of the University of Wisconsin School of Business.
−Removed: Heather Knight, age 52, is Executive Vice President and Group President, Medical Products & Therapies.
−Removed: She was appointed to her role leading Medical Products & Therapies in 2023 after serving as President, Acute Therapies, Clinical Nutrition, Medication Delivery, Latin America and Canada since 2021.
−Removed: She previously served as General Manager, U.S.
−Removed: Hospital Products from 2019 to 2021.
−Removed: Knight joined Baxter in 2019 from Medtronic plc (Medtronic), where she served as Vice President/General Manager of the global gynecologic health, colorectal health and hernia businesses from 2016 to 2019.
−Removed: She has nearly 30 years of experience across the pharmaceutical and medical device industries in roles of increasing responsibility.
−Removed: Prior to joining Medtronic, she held key commercial leadership positions at Kendal Healthcare, Tyco Healthcare, and Covidien.
−Removed: Knight is a member of the Board of Chanell Medsystems, a medical device company dedicated to empowering every woman to take control of her health journey and live her best life, and Technovation, a global technology education nonprofit that inspires girls to be leaders and problem solvers in their lives and their community.
−Removed: She previously served as a member of the Board of Titan Medical Inc.
+Added: Heather Knight, age 53, is Executive Vice President, Chief Operating Officer and Interim Group President, Medical Products & Therapies.
+Added: She was appointed to her role on February 3, 2025.
+Added: Knight has led our Medical Products & Therapies segment since 2023.
+Added: From 2021 through 2023, she served as president of our former Americas region and our Acute Therapies, Clinical Nutrition, and Medication Delivery business units.
+Added: She joined Baxter in 2019 as general manager, U.S.
+Added: Hospital Products.
+Added: Throughout her 30-year career in the healthcare industry, Ms.
+Added: Knight has held numerous roles of increasing leadership in general management, global upstream and commercial capacities at companies including Medtronic plc (Medtronic), Covidien plc, Tyco International plc and Kendall Healthcare
+Added: Products Company.
+Added: Prior to joining Baxter, she most recently served as vice president and general manager in Medtronic's Surgical Innovations business.
+Added: Knight earned her bachelor's degree in Biological Sciences from the University of Buffalo and completed the Executive Sales and Management program from the University of Chicago Booth School of Management.
+Added: Knight currently serves as a director of Waters Corporation.
Mason , Ph.D., age 69, is Executive Vice President and Chief Human Resources Officer having served in that capacity since 2006.
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Alok Sonig , age 52, is Executive Vice President and Group President, Pharmaceuticals.
−Removed: He was appointed to his new role in 2023 after serving as President since 2022.
+Added: He was appointed to his role in 2023 after serving as President since 2022.
Sonig joined Baxter in 2022 from Lupin, Inc.
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Sonig is currently a member of the Advisory Boards for the American University, Kogod School of Business, and Sentry Sciences, Inc., and is a member of the Board of the Southern Asian Pharmaceutical Council.
−Removed: Christopher A.
−Removed: Toth , age 44, is Executive Vice President and Group President, Kidney Care.
−Removed: Toth assumed his responsibilities at Baxter in June 2023 and has been selected as the Chief Executive Officer of the independent company to emerge from the proposed separation of our Kidney Care business into an independent company.
−Removed: Before joining Baxter, he served as Chief Executive Officer of Varian, a Siemens Healthineers Company from 2021 to 2023.
−Removed: Prior to this, he held numerous executive leadership roles across a two-decade career with Varian, including as President and Chief Operating Officer from 2019 to 2021, President of Varian Oncology Systems from 2018 to 2019;
−Removed: and President of Global Commercial and Field Operations.
−Removed: Toth was previously a member of the U.S.
−Removed: India Strategic Partnership Forum Board and President Biden’s Advisory Council on Doing Business in Africa.
All executive officers hold office until the next annual election of officers or until their respective successors are elected and qualified.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.