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EX-99.1 - PRESS RELEASE - Bausch Health Companies Inc.ex99_1.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 

 
FORM 8-K
 


CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
 
Date of report (Date of earliest event reported): February 29, 2016 (February 28, 2016)
 

 
Valeant Pharmaceuticals International, Inc.
(Exact name of registrant as specified in its charter)
 

 
British Columbia, Canada
 
001-14956
 
98-0448205
(State or other jurisdiction of
incorporation or organization)
 
(Commission
File Number)
 
(I.R.S Employer
Identification No.)

2150 St. Elzéar Blvd. West,
Laval, Quebec
Canada H7L 4A8
(Address of principal executive offices) (Zip Code)

(Registrant’s telephone number, including area code):  (514) 744-6792
 

 
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 140.13e-4(c))
 

 
 

 

 
Item 5.02    
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 28, 2016, Valeant Pharmaceuticals International, Inc. (Valeant or the Company) issued a press release announcing that J. Michael Pearson returns as Valeant’s chief executive officer following his recovery from severe pneumonia and other complications, effective immediatelyHoward B. Schiller, Valeant’s interim chief executive officer, will transition out of his current duties, but will continue as a member of Valeant’s Board of Directors (the Board).  Valeant also announced that Robert A. Ingram has been appointed Chairman of the Board, as the Company has separated the roles of Chairman of the Board and Chief Executive Officer.

Item 7.01    
Regulation FD Disclosure.

Given the timing of Mr. Pearson’s return, the Company is rescheduling its previously announced call to discuss preliminary fourth quarter 2015 results, deliver a business review, and provide updated 2016 guidance.  In the interim, the Company is withdrawing its prior financial guidance.

Item 9.01    
Financial Statements and Exhibits.

(d)   Exhibits
 
Exhibit No.    
 
Description
99.1
 
Press Release of Valeant Pharmaceuticals International, Inc. dated February 28, 2016.


 
 

 

 
SIGNATURES
 
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.

 
VALEANT PHARMACEUTICALS INTERNATIONAL, INC.
 
     
 
/s/ Robert L. Rosiello
 
 
Name:  Robert L. Rosiello
 
 
Title:  Executive Vice President and Chief Financial Officer
 

 
Date: February 29, 2016
 
 
 
 

 

 
Exhibit Index

 
Exhibit No.    
 
Description
99.1
 
Press Release of Valeant Pharmaceuticals International, Inc. dated February 28, 2016.