Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 15, 2020, Jeffrey D. Capello ceased to be the Executive Vice President
and Chief Financial Officer of Biogen Inc. (the "Company") and ceased to be
employed by the Company effective September 15, 2020. In connection with Mr.
Capello's departure, he will receive the severance benefits required under the
Company's executive severance policy for Executive Vice Presidents. In addition,
in recognition of Mr. Capello's contributions to the Company, the Compensation
and Management Development Committee of the Board of Directors waived the
requirement that Mr. Capello be required to repay 35% of his original cash
sign-on bonus and approved a cash payment to him of $2.6 million.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
Cover Page Interactive Data File (embedded within the Inline XBRL
104 document)
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