Kenvue CEO Departs as Board Launches Strategic Overhaul

Kenvue Inc., the world’s largest pure-play consumer health company, has announced a major leadership transition with CEO Thibaut Mongon stepping down, effective immediately. The Board has appointed Kirk Perry, a seasoned consumer goods and tech strategist, as Interim CEO while initiating a comprehensive strategic review to unlock shareholder value.

 

Leadership transition:

Strategic review underway:

Preliminary financial snapshot:

This leadership shake-up and strategic pivot signal Kenvue’s intent to recalibrate its growth trajectory amid margin pressures and evolving consumer dynamics. Investors will be watching closely for updates on portfolio changes and long-term vision.

 

Sources: Yahoo Finance, Investing.com, Business Wire.