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Kenvue Announces CEO Transition 

Current Kenvue Director, Kirk Perry, is named Interim CEO, effective immediately.

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By: Rachel Klemovitch

Assistant Editor

Kenvue Board of Directors appointed a new Interim CEO and is advancing an ongoing comprehensive review of strategic alternatives.

Larry Merlo, Kenvue’s Chair of the Board, said, 

“The actions announced today are to ensure we have the right talent, brand portfolio, and operational foundation to fully capitalize on those strengths, accelerate profitable growth, and best position the Company for future success. The Board’s strategic review is underway, and we are considering a broad range of potential alternatives, including ways to simplify the Company’s portfolio and how it operates.” 

Kenvue’s Board appointed Kirk Perry as Interim Chief Executive Officer, effective immediately.

Perry is a current Kenvue director and seasoned consumer products and brand strategist with over 30 years of global consumer-packaged goods, technology, and business transformation experience and a proven track record. 

Perry most recently served as President and Chief Executive Officer of Circana and continues to serve on the Circana board. He led the company through its rebrand and launch following the merger of Information Resources, Inc. (IRI) and The NPD Group, having previously served as Chief Executive Officer of IRI. 

Previously, Perry spent 23 years with Procter & Gamble, where he held several positions of increasing responsibility in general management and marketing roles.

Merlo added,

“At the same time, with the CEO transition and recent appointment of a new CFO, we are aligning leadership expertise to drive the Company forward. We are confident that the steps we are taking put Kenvue on the right path to deliver both near- and long-term value creation for shareholders.”

Thibaut Mongon has departed the company and stepped down from the Kenvue Board. Heidrick & Struggles is assisting in the search for Kenvue’s next Chief Executive Officer.

Advancing Strategic Review

The Board had also previously initiated a comprehensive review of strategic alternatives and has established a Strategic Review Committee to oversee the ongoing process.

The strategic review will consider a broad range of potential alternatives, including optimizing the company’s brand portfolio while improving execution and enhancing operating performance.

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