ABBOTT LABORATORIES (NYSE:ABT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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ABBOTT LABORATORIES (NYSE:ABT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

As previously reported, Abbott has Agreements Regarding Change in Control (“Agreements”) with its named executive officers, other than Miles D. White, Abbott’s Chairman of the Board and Chief Executive Officer, who is not party to an Agreement Regarding Change in Control.

The Agreements provide that if Abbott gives notification of extension before the Expiration Date (December 31, 2016), the Agreement’s term shall continue through the second anniversary of the Expiration Date.

On November 16, 2016, Abbott notified the named executive officers who are party to the Agreements that the term of the Agreements was extended through December 31, 2018.



About ABBOTT LABORATORIES (NYSE:ABT)

Abbott Laboratories (Abbott) is engaged in the discovery, development, manufacture and sale of a line of healthcare products. The Company operates in four business segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products and Vascular Products. The Established Pharmaceutical Products segment includes the international sales of a line of branded generic pharmaceutical products. The Nutrition Products segment includes the sales of a line of adult and pediatric nutritional products. The Diagnostic Products includes the sales of diagnostic systems and tests for blood banks, hospitals, commercial laboratories and alternate-care testing sites. The Vascular Products includes the sales of coronary, endovascular, structural heart, vessel closure and other medical device products.

ABBOTT LABORATORIES (NYSE:ABT) Recent Trading Information

ABBOTT LABORATORIES (NYSE:ABT) closed its last trading session up +0.14 at 39.95 with 8,890,514 shares trading hands.