Kenvue CEO Steps Down Amid Strategic Review
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Kenvue Inc., the consumer health company spun off from Johnson & Johnson, announced the resignation of its CEO, Thibaut Mongon. Kirk Perry, former Procter & Gamble executive, will serve as interim CEO. This follows the recent replacement of the CFO and comes amid pressure from activist investors. Kenvue is undergoing a strategic review, potentially involving the sale of some brands to improve profitability, and expects to report Q2 earnings on August 7th.
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