UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
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| 2.000% Senior Notes Due 2026 |
AMGN26 |
The Nasdaq Stock Market LLC |
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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.
(b) and (c).
On August 1, 2023, the Board of Directors (the “Board”) of Amgen Inc. (the “Company”) appointed Matthew C. Busch, age 49, to serve as the Company’s Vice President, Finance and Chief Accounting Officer (“CAO”), effective August 14, 2023. Mr. Busch will be the Company’s principal accounting officer; he will not be an executive officer of the Company. Linda H. Louie, the Company’s current CAO, has served in this role since July 2020, and effective August 14, 2023, as part of the Company’s leadership development activities, Ms. Louie will move to the role of the Company’s Vice President, Finance, with responsibility for corporate financial planning and analysis, and will step down as the Company’s Chief Accounting Officer.
Mr. Busch has served as the Company’s Vice President, Finance since August 2021. From 2020 until August 2021, Mr. Busch served as Executive Director, Finance and, from 2017 until 2020, as Executive Director, Accounting. From 2004 until 2017, Mr. Busch progressed through various positions of increasing responsibility at the Company. He is a Certified Public Accountant and received his Masters of Accountancy degree and Bachelors of Science in Accounting from Brigham Young University.
In connection with the appointment of Mr. Busch as CAO, the Compensation and Management Development Committee of the Board approved Mr. Busch’s compensation in this role, including: (i) annual base salary of $450,000; (ii) an annual bonus target stated as a percentage of base salary of 40%; and (iii) an annual long-term incentive equity award value of $500,000, pursuant to the Company’s standard terms and conditions and subject to Mr. Busch’s continued employment with the Company. Mr. Busch does not have an employment agreement with the Company.
Additional Information
There are no family relationships between Mr. Busch and any other director or executive officer of the Company, or with any person selected to become an officer or a director of the Company.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AMGEN INC. | ||||||
| Date: August 3, 2023 | By: | /s/ Jonathan P. Graham | ||||
| Name: | Jonathan P. Graham | |||||
| Title: | Executive Vice President and General Counsel and Secretary | |||||