Workflow
BD CFO Chris DelOrefice leaving for new job

Leadership Changes - BD's CFO Chris DelOrefice will leave the company on December 5 to join Ulta Beauty as CFO, with a search for a permanent successor underway [1][2] - Vitor Roque, senior vice president of finance, will serve as interim CFO until a permanent replacement is found, having held various finance leadership roles at BD for two decades [3][4] Financial Performance - BD reported preliminary fiscal fourth-quarter revenue of approximately $5.9 billion, reflecting an 8.3% year-over-year increase, while the preliminary revenue for fiscal year 2025 is about $21.8 billion, up 8.2% [5] - Analysts from Stifel described the fourth-quarter results as "disappointing" and below consensus expectations, attributing the impact of a "dynamic macro environment" particularly in vaccines and academic and government research [5][6] Strategic Developments - BD is planning to separate its biosciences and diagnostics business from the rest of the company, with a deal valued at approximately $17.5 billion involving Waters [6] - The company will discuss its fiscal fourth-quarter and full-year earnings on a scheduled earnings call on November 6 [7]