Business Context and Reporting Period
This Form 8-K Current Report was filed by Henry Schein, Inc. on July 18, 2006. The filing addresses a corporate governance event under Item 8.01 (Other Events) regarding the appointment of a new Chairman to the Company's Medical Advisory Board.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a specific corporate appointment and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Dr. Louis W. Sullivan as Chairman of the Company's Medical Advisory Board. Dr. Sullivan is also a director of the Company. The filing notes that Dr. Margaret A. Hamburg and Norman S. Matthews, also directors, continue to serve on the board.
Compensation and Governance Details
- Chairman Retainer: Dr. Sullivan will receive a $5,000 annual retainer for serving as Chairman.
- Meeting Fees: Dr. Sullivan will receive a $2,000 fee for each meeting attended.
- Other Board Members: Dr. Hamburg and Mr. Matthews receive a $2,000 fee for each meeting attended.
Key Facts for Investor Verification
- Verify the effective date of Dr. Sullivan's appointment as Chairman of the Medical Advisory Board.
- Confirm the total annual compensation structure for Medical Advisory Board members as disclosed.
- Note that this filing contains no financial results or forward-looking guidance.