8-KLeadership Changes

BRISTOL MYERS SQUIBB CO 8-K Report, Executive Changes (Jan 25, 2018)

Filed January 25, 2018For Securities:BMYCELG-RIBMYMP

Summary

Bristol-Myers Squibb Company (BMY) announced a key executive transition in its finance department through an 8-K filing. Effective February 15, 2018, Karen Murphy Santiago will assume the role of Senior Vice President and Controller. This appointment comes as the current Senior Vice President and Controller, Joseph Caldarella, is set to retire on March 30, 2018. The company highlighted Ms. Santiago's extensive experience within BMY since 2003, including significant finance leadership roles in Global Manufacturing and Supply, and Commercial operations, as well as her recent work on Finance Transformation and Enabling Functions. Her qualifications include an MBA in Finance and a BS in Accounting, along with CPA certification.

Key Highlights

  • 1Appointment of Karen Murphy Santiago as Senior Vice President and Controller, effective February 15, 2018.
  • 2Retirement of current Senior Vice President and Controller, Joseph Caldarella, effective March 30, 2018.
  • 3Ms. Santiago has been with Bristol-Myers Squibb since 2003, indicating internal promotion and continuity.
  • 4Ms. Santiago has held various progressive finance leadership roles, including in Global Manufacturing and Supply, and Commercial operations.
  • 5Ms. Santiago's most recent role involved leadership in Enabling Functions and Finance Transformation.
  • 6Ms. Santiago possesses strong financial credentials, including an MBA, BS in Accounting, and CPA certification.
  • 7No disclosures required under Item 404(a) of Regulation S-K related to Ms. Santiago's appointment.

Frequently Asked Questions

Karen Murphy Santiago will be appointed Senior Vice President and Controller, effective February 15, 2018.

The current Senior Vice President and Controller, Joseph Caldarella, will be retiring from the company on March 30, 2018.

Ms. Santiago has been with Bristol-Myers Squibb since 2003 and has held multiple roles of increasing responsibility within the finance department, including leadership positions in Global Manufacturing and Supply, US and Puerto Rico Commercial operations, and Finance Transformation.

The filing states that Ms. Santiago is not party to any arrangements regarding her selection, there are no family relationships with current directors or officers, and she is not involved in any transactions requiring disclosure under Item 404(a) of Regulation S-K.