SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): April 22, 2014
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 22, 2014, Zoetis Inc. (the “Company”) announced that Richard A. Passov, its Chief Financial Officer, will be leaving the Company for reasons unrelated to the Company’s financial condition or financial reporting. The Company has entered into a Severance and Release Agreement with Mr. Passov, dated April 22, 2014, under the Company’s Executive Severance Plan. Mr. Passov will be leaving the Company at the end of April.
The Company has named Glenn David, senior vice president of Finance Operations, as acting Chief Financial Officer. Effective immediately, Mr. David will assume responsibility for the oversight of the Company’s financial management and global operations. Mr. David has served as senior vice president of Finance Operations since the Company’s initial public offering (IPO) in early 2013. Prior to the IPO, Mr. David served in various financial roles at Pfizer Inc., the Company’s former parent company, including vice president of Global Finance for Pfizer Animal Health, from 2011 to 2012 and vice president of Finance for Pfizer’s U.S. Primary Care franchise, from 2009 to 2011. Prior to joining Pfizer in 1999, Mr. David gained valuable financial experience at Bankers Trust, Paine Webber and Credit Suisse.
A copy of the press release announcing Mr. Passov’s departure and Mr. David’s appointment as the Company’s acting Chief Financial Officer is attached to this Report as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
99.1 Press Release issued April 22, 2014.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
/s/ Heidi C. Chen
Heidi C. Chen
Executive Vice President,
General Counsel and Corporate Secretary
Dated: April 22, 2014