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Bausch + Lomb and Bausch Health Announce Appointment of Thomas J. Appio as Interim Bausch + Lomb CEO, Expect to Raise Full-Year 2026 Guidance

The companies said preliminary third-quarter results point to higher full-year 2026 adjusted EBITDA guidance as Appio takes over from Brent Saunders.

  • On Monday, Bausch + Lomb Board of Directors Chairman Thomas J. Appio was appointed interim CEO, replacing Brent Saunders following a mutual agreement with the board.
  • Preliminary third-quarter results support an expected increase in 2026 adjusted EBITDA guidance for Bausch + Lomb and Bausch Health Companies Inc., based on strong business performance.
  • U.S.-Listed Bausch + Lomb shares fell more than 7% during Monday's trading, while Citi analysts said the change "seems sudden" but Appio's experience positions him well for transition.
  • Appio will continue serving as Bausch Health CEO while assuming interim leadership of Bausch + Lomb, having previously headed the company's international business from 2016 to 2022.
  • The companies remain in a blackout period and will provide additional financial details when reporting third-quarter results on October 28, with full guidance updates expected then.
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Bausch + Lomb CEO Saunders departs, Chairman Appio named interim chief ...

·London, United Kingdom
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biopharmadive.com broke the news on Monday, October 12, 2026.
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