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Icahn to Support All Bausch Health Nominees for Election at 2021 Annual Meeting
LAVAL, QB, Feb. 24, 2021 /PRNewswire/ Bausch Health Companies Inc. (NYSE/TSX: BHC) ( Bausch Health or the Company ) is pleased to announce that it will expand its Board of Directors (the Board ) to add two designees to the Board from Carl C. Icahn and affiliated entities (the Icahn Group ).
The Company has entered into a director nomination and appointment agreement (the Agreement ) with the Icahn Group, pursuant to which Brett Icahn and Steven Miller will be appointed to the Board as new independent directors, effective in mid-March 2021, with each to serve a term expiring at the Company s 2021 Annual Meeting. The Company has also agreed to include Messrs. B. Icahn and Miller on its slate of nominees for election at the Company s 2021 Annual Meeting, which will be held on April 27, 2021, and the Icahn Group, which beneficially owns approximately 7.83% of the Company s outstanding common stock, h