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14.07.25 - 12:51
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Kenvue Announces CEO Transition and Actions to Unlock Shareholder Value (Business Wire)
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Appoints Current Kenvue Director and Proven CPG and Technology Company Leader, Kirk Perry, as Interim CEO, Effective Immediately
Announces Ongoing Review of Strategic Alternatives
Reports Select Preliminary Second Quarter 2025 Financial Results
SUMMIT, N.J.--(BUSINESS WIRE)--Kenvue Inc. (NYSE: KVUE) today announced that its Board of Directors is implementing a set of actions to enable the Company to unlock shareholder value and reach its full potential. The Board has made a Chief Executive Officer transition and is advancing an ongoing comprehensive review of strategic alternatives.
“Kenvue has world-class brands in attractive categories and a strong global platform. 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,” said Larry Merlo, Kenvue's Chair of the Board. “The Board's strategic review is underway, and we are cons...
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