Business Context and Reporting Period
This Form 8-K is filed by Becton, Dickinson and Company (BD) on October 9, 2025, with a report date of October 15, 2025. The filing primarily addresses the departure of the Chief Financial Officer and the appointment of an interim successor. Additionally, the Company announced preliminary unaudited revenue results for the fourth quarter and full fiscal year ended September 30, 2025, via a press release furnished as Exhibit 99.1.
Key Financial Metrics
The filing text references preliminary unaudited revenue for the fourth quarter and full fiscal year ended September 30, 2025, but does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity within the body of this report. These figures are contained in the attached press release (Exhibit 99.1). The filing notes that the press release includes non-GAAP financial measures.
Material Changes
- Executive Leadership Change: Christopher J. DelOrefice, Executive Vice President and Chief Financial Officer, will resign effective December 5, 2025, to pursue a new professional opportunity.
- Interim Appointment: Vitor Roque, Senior Vice President of Finance, Business Units and Corporate Financial Planning & Analysis, has been appointed as interim Chief Financial Officer effective upon Mr. DelOrefice's departure.
- Reason for Departure: The resignation is not the result of any disagreement with the Company regarding financial statements, internal controls, operations, or policies.
Guidance, Outlook, and Risks
The filing does not contain specific forward-looking guidance, outlook, or risk factors within the text provided. It references a press release for financial details and confirms that a search for a permanent Chief Financial Officer is underway. The filing includes standard disclaimers that the information furnished is not deemed "filed" for purposes of Section 18 of the Exchange Act and shall not be incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated October 15, 2025) for specific preliminary revenue figures for Q4 and full fiscal year 2025.
- Verify the timeline for the permanent CFO search and the transition plan between Mr. DelOrefice and Mr. Roque.
- Examine the non-GAAP reconciliation schedules in the press release to understand adjustments to reported financial measures.
- Monitor future filings for the appointment of a permanent Chief Financial Officer.