Bausch + Lomb announces Brett Icahn, Gary Hu resign from board

Bausch + Lomb (BLCO) announced that the Amended and Restated Director Appointment and Nomination Agreement, dated as of June 21, 2022, by and among the company and Carl Icahn and certain of his affiliates, terminated pursuant to its terms when the Icahn group’s net long position in the common shares of Bausch + Lomb’s parent company, Bausch Health Companies fell below the required threshold. In connection with the termination, Brett Icahn and Gary Hu have resigned from the Bausch + Lomb Board of Directors.