Hologic, Inc. Appoints Wayde McMillan to Board of Directors

MARLBOROUGH, Mass. – April 4, 2025 – Hologic, Inc. (NASDAQ: HOLX) announced the appointment of Wayde McMillan, current Chief Financial Officer of Solventum Corporation, to its Board of Directors, effective April 4, 2025. This move increases the size of Hologic’s board from eight to nine members.

Mr. McMillan will also serve on the Audit and Finance Committee. As a non-employee director, he will receive standard director compensation as outlined in Hologic’s latest proxy statement. He is also expected to sign the company’s standard indemnification agreement for directors.

There are no prior arrangements or transactions involving Mr. McMillan that require disclosure under SEC rules. His appointment supports Hologic’s ongoing commitment to enhancing its financial and governance expertise at the board level.

Hologic, Inc. filed a Form 8-K on March 3, 2025, announcing the planned retirement of John Griffin, the company’s General Counsel, in 2025. Effective May 1, 2025, he will transition to the role of Special Advisor to the Chairman, President, and CEO to facilitate a smooth handover. Under a transition letter agreement, he will continue receiving his current base salary and an incentive bonus but will no longer be eligible for additional equity awards or deferred compensation matching contributions.

Following Griffin’s retirement, Anne Liddy, currently Vice President and Assistant General Counsel, will take over as General Counsel on May 1, 2025. The transition letter agreement is included as Exhibit 10.1 in the filing.

Hologic, Inc. filed a Form 8-K on February 28, 2025, reporting the results of its annual stockholder meeting held on February 26, 2025. A quorum of 93.38% was present.

Stockholders elected all eight director nominees to the board for a one-year term. They also provided advisory approval of the company's executive compensation, ratified the appointment of Ernst & Young LLP as the independent auditor for the fiscal year ending September 27, 2025, and approved a stockholder proposal to replace the supermajority voting provisions in the company's charter and bylaws with a simple majority standard.

The filing includes vote counts for each proposal, confirming strong support for the elected directors and corporate governance changes.