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Top Baxter execs test positive for COVID-19

Chicago Tribune logo Chicago Tribune 3/23/2020 By Robert Channick, Chicago Tribune

The chief financial officer and a board member at Baxter International, the Deerfield-based medical products giant, have tested positive for COVID-19, the company said.

James Saccaro, who serves as executive vice president and CFO at Baxter, “continues to perform his responsibilities...from home” after testing positive for the virus, the company said in a Securities and Exchange Commission filing Monday.

Baxter has a potential replacement lined up to temporarily assume Saccaro’s duties if changes to his condition warrant a medical leave of absence, the company said in the filing.

An unnamed Baxter board member has also tested positive for COVID-19 and is “recovering well in the hospital,” the company said. Jos 1/4 u00e9 Almeida, the company’s chairman, president and CEO, tested negative for the new coronavirus.

Baxter, which generated $11.4 billion in sales last year, said in the filing that since the emergence of COVID-19, it has implemented a “detailed action plan” to protect employee workplace safety while maintaining the global supply of its products.

rchannick@chicagotribune.com

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