Kenvue names current Kenvue director Kirk Perry as interim CEO

Kenvue names current Kenvue director Kirk Perry as interim CEO

Kenvue Inc. (NYSE: KVUE) has appointed Kirk Perry as interim CEO, effective immediately, following the departure of Thibaut Mongon. The move is part of a broader strategy to unlock shareholder value and accelerate profitable growth.

The appointment of Mr. Perry, a seasoned consumer products and brand strategist with over 30 years of experience, comes as Kenvue embarks on a comprehensive review of strategic alternatives. The Strategic Review Committee, advised by Centerview Partners and McKinsey & Company, will consider a range of potential alternatives, including optimizing the brand portfolio and improving operational performance.

Mr. Perry, who joined Kenvue's Board of Directors in December 2024, brings a deep understanding of the global consumer marketplace from both the manufacturer and technology perspectives. He previously served as President and CEO of Circana, a global provider of technology, data, and predictive analytics. Prior to Circana, Mr. Perry held various senior positions at Procter & Gamble and Google.

The appointment of Mr. Perry follows Kenvue's recent announcement of select preliminary second quarter 2025 financial results. The company reported a 4.0% net sales change and a 4.2% organic sales change compared to the previous quarter. Diluted earnings per share increased from $0.21 to $0.22, while adjusted diluted earnings per share rose from $0.28 to $0.29.

Kenvue's full second quarter 2025 financial results and revised full year 2025 outlook are expected to be released on August 7, 2025.

References:
[1] https://investors.kenvue.com/financial-news/news-details/2025/Kenvue-Announces-CEO-Transition-and-Actions-to-Unlock-Shareholder-Value/default.aspx