Becton Dickinson Announces Executive Severance Plan and Equity Compensation Plan Amendment

Becton Dickinson and Company (BDX) has adopted a new Executive Severance Plan and amended its 2004 Employee and Director Equity-Based Compensation Plan. The severance plan provides a lump sum cash payment, pro-rated target bonus, and outplacement services for eligible management employees upon termination without cause. The equity compensation plan amendment increases the number of shares available for awards by 3,935,000, enhancing the company's ability to attract and retain top talent.