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Kenvue Announces CEO Departure, Strategic Review

As Thibaut Mongon steps down, board member Kirk Perry is named interim CEO.
Kenvue logo is seen displayed on a smartphone screen
Kenvue owns a variety of well-known consumer health brands, including Neutrogena, Listerine, Johnson's, Band-Aid, and Aveeno. (Getty Images)

Kenvue Inc. said chief executive officer Thibaut Mongon will leave the company and that the maker of Neutrogena and Listerine brands is undertaking a strategic review.

Current board director Kirk Perry will take over as interim CEO, effective immediately.

Shares in Kenvue rose 2 percent in premarket trading in New York.

By Shelly Banjo

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Kenvue Beats Estimates on Healthcare Sales, Beauty Lags

While overall sales and revenue narrowly beat Wall Street expectations, sales in its skincare and beauty segment were softer.

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