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Bausch and Lomb CEO Brent Saunders departs

Bausch and Lomb announced that CEO Brent Saunders is leaving the company by mutual agreement, causing its shares to drop over seven percent. Chairman Thomas Appio will step in as interim chief executive officer immediately.

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Bausch & Lomb eye care and contact lens related products are seen for sale in a pharmacy in Washington, U.S., May 6, 2022. REUTERS/Leah Millis

BAUSCH + LOMB CORP CEO Brent Saunders departed on Monday by mutual agreement, sending United States-listed shares down 7.1%. The sudden departure leaves Chairman Thomas Appio in place as interim chief.
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