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AI brief of an SEC Form 8-K · Baxter International (BAX)

Baxter names John Rogers CFO effective Oct. 1, 2026; interim CFO Hider to serve

Neutral Impact 4 of 5 leadership Written later

Baxter International appointed John Rogers, formerly CFO of Smith+Nephew, as executive vice president and chief financial officer, effective October 1, 2026. Anita Zielinski, interim CFO and chief accounting officer, departs September 15, 2026, and CEO Andrew Hider will serve as interim CFO until Rogers starts. The company also reiterated its full-year 2026 outlook from its July 30, 2026 earnings announcement.

Key points

  • Rogers base salary is $925,000, with a target annual bonus of 100% of base salary and a $4,000,000 target annual equity grant value starting with the 2027 grant.
  • Rogers receives a $2,827,629 sign-on bonus, subject to repayment if he leaves within 12 months of his start date, or 50% if he leaves within 12 to 24 months.
  • Andrew Hider serves as interim CFO from September 15, 2026 until October 1, 2026, with no additional compensation for that role.
  • Bernie Heine was named interim chief accounting officer and controller effective September 15, 2026, with a $15,000 monthly payment and a $250,000 grant-date value equity award.

The filing

CompanyBaxter International (BAX)
Form8-K, current report
Filed with the SECAug 19, 2026, 8:07 AM ET
Accession number0001193125-26-356188

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 19, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.