SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Under Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact Name of Registrant as Specified in Charter)
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
(Address of Principal Executive Offices)
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On August 24, 2021, we determined that, effective August 25, Rajwant (“Raj”) Sodhi would cease serving as our president – Software-as-a-Service business and will cease full-time employment with us on September 1, 2021. The termination is without cause, and we are in discussions with Mr. Sodhi regarding a separation package.
Effective August 25, 2021, we promoted Bobby Ghoshal, age 53, to serve as our president – Software-as-a-Service business. Mr. Ghoshal has over 25 years of experience across medical and technology industries, with strong experience building and leading high-performing teams to accelerate the adoption of digital platforms across enterprises. He has served as ResMed’s Chief Technology Officer since April 2018. From June 2016 until April 2018, Mr. Ghoshal served as chief operating officer for Brightree, a ResMed-owned provider of cloud-based software-as-a-service for out-of-hospital care. From 2012 until 2016, he was ResMed’s vice president, information technology.
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SIGNATURES
We have authorized the person whose signature appears below to sign this report on our behalf, in accordance with the Securities Exchange Act of 1934.
| Date: August 27, 2021 | RESMED INC. | |||||
| (registrant) | ||||||
| By: | /s/ David Pendarvis | |||||
| Name: | David Pendarvis | |||||
| Its: | Chief administrative officer, global general | |||||
| counsel and secretary | ||||||
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Document and Entity Information |
Aug. 24, 2021 |
|---|---|
| Cover [Abstract] | |
| Entity Registrant Name | RESMED INC |
| Entity Address, Country | US |
| Entity Address, State or Province | CA |
| Amendment Flag | false |
| Entity Central Index Key | 0000943819 |
| Document Type | 8-K |
| Document Period End Date | Aug. 24, 2021 |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 001-15317 |
| Entity Tax Identification Number | 98-0152841 |
| Entity Address, Address Line One | 9001 Spectrum Center Blvd. |
| Entity Address, City or Town | San Diego |
| Entity Address, Postal Zip Code | 92123 |
| City Area Code | (858) |
| Local Phone Number | 836-5000 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common Stock, $0.004 par value |
| Trading Symbol | RMD |
| Security Exchange Name | NYSE |
| Entity Emerging Growth Company | false |