Resmed Inc 8-K, filed May 11, 2022
Resmed Inc (RMD)
About this 8-K
Resmed Inc filed this 8-K on May 11, 2022, reporting on events of May 5, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Under Section 13 or 15(d)
of the Securities Exchange Act of 1934
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On May 5, 2022, we announced that Jim Hollingshead resigned as our president – sleep and respiratory care business, effective as of May 5, 2022, to pursue an opportunity with a new employer. In connection with his resignation, Robert (“Rob”) Douglas, our president and chief operating officer, has been appointed to serve as our interim president – sleep and respiratory care business. We intend to commence a search for a permanent president – sleep and respiratory care business. A copy of the press release is furnished as Exhibit 99.1 to this current report on Form 8-K.
Mr. Douglas was appointed ResMed Inc.’s president in March 2013 and chief operating officer in September 2011; together with ResMed’s chief executive officer, Michael (“Mick”) Farrell, he holds full operational responsibility for ResMed and its subsidiaries.
There are no family relationships between Mr. Douglas and any director or executive officer of ResMed that are required to be disclosed under Item 401(d) of Regulation S-K, and there are no transactions between ResMed and Mr. Douglas that would require disclosure under Item 404(a) of Regulation S-K. The information concerning Mr. Douglas required under Item 401 of Regulation S-K is contained in ResMed’s proxy statement dated October 6, 2021 and is incorporated here by reference.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
| 99.1 | Press release issued by ResMed Inc. on May 5, 2022. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL, document) | |
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SIGNATURES
We have authorized the person whose signature appears below to sign this report on our behalf, in accordance with the Securities Exchange Act of 1934.
| Date: May 11, 2022 | RESMED INC. | |||||
| (registrant) | ||||||
| By: | /s/ David Pendarvis | |||||
| Name: | David Pendarvis | |||||
| Its: | Chief administrative officer, global general | |||||
| counsel and secretary | ||||||
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Exhibit 99.1
| For media |
For investors | |||
| Jayme Rubenstein |
Amy Wakeham | |||
| +1 858-836-6798 |
+1 858.836.5000 | |||
| news@resmed.com |
investorrelations@resmed.com |
ResMed Announces Leadership Change
SAN DIEGO, May 5, 2022 – ResMed (NYSE: RMD, ASX: RMD) today announced that Jim Hollingshead, President, Sleep and Respiratory Care, has informed ResMed that he has accepted a new position and is leaving the company, effective immediately. Rob Douglas, President and Chief Operating Officer, has been appointed interim President, Sleep and Respiratory Care.
“I’d like to thank Jim for his 12 years of service and valuable contributions to ResMed,” said Mick Farrell, ResMed CEO. “Jim has played an important role in our business, first as head of our strategy and business development team, then as president of our Americas region, and most recently as president of our Sleep and Respiratory Care business. Jim formed part of the global business team that created the strategy to embed communications in our devices, supporting our transformation into a world-leading digital health company. Together with our CEO operations team, Jim has helped curate a team of strong leaders, leaving ResMed well positioned for ongoing growth, as we accelerate our business into 2025, and beyond. I wish Jim well in his new role as a ResMed alum, and I thank Rob for stepping in on an interim basis, as together we build upon our strong leadership bench-strength here at ResMed.”
About ResMed
At ResMed (NYSE: RMD, ASX: RMD) we pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Our digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, COPD, and other chronic diseases. Our comprehensive out-of-hospital software platforms support the professionals and caregivers who help people stay healthy in the home or care setting of their choice. By enabling better care, we improve quality of life, reduce the impact of chronic disease, and lower costs for consumers and healthcare systems in more than 140 countries. To learn more, visit ResMed.com and follow @ResMed.
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