Full Press Release Details
Bill Rader, (224) 948-5353
Clare Trachtman, (224) 948-3085
BAXTER APPOINTS CATHY R. SMITH TO ITS BOARD
Target CFO Complements Current Board Expertise
DEERFIELD, Ill., July 17, 2017 Baxter International Inc. (NYSE:BAX) today announced it has appointed Cathy R. Smith, executive
vice president (EVP) and chief financial officer (CFO), Target Corporation, to its Board of Directors, bringing the total number of directors serving the company at this time to 13. Ms. Smith now also serves on Baxter s Audit Committee.
We are pleased to welcome Cathy to Baxter s board, said Jos (Joe) E. Almeida, chairman and chief executive
officer. Her broad and deep financial knowledge and corporate leadership experience will enhance our current board membership, supporting our goal to deliver sustainable top-quartile results for our
shareholders and helping advance our mission to save and sustain lives.
Prior to joining Target in 2015, Ms. Smith served as
EVP and CFO at Express Scripts. She has also held EVP and CFO positions at Walmart International, GameStop and others. Ms. Smith received her bachelor s degree from the University of California, Santa Barbara, and her MBA from the
University of Southern California.
Baxter provides a broad portfolio of essential renal and hospital products, including home, acute and
in-center dialysis; sterile IV solutions; infusion systems and devices; parenteral nutrition; surgery products and anesthetics; and pharmacy automation, software and services. The company s global
footprint and the critical nature of its products and services play a key role in expanding access to healthcare in emerging and developed countries. Baxter s employees worldwide are building upon the company s rich heritage of medical
breakthroughs to advance the next generation of healthcare innovations that enable patient care.