Kenvue CEO Thibaut Mongon steps down; Kirk Perry named interim CEO; preliminary Q2 sales down 4%

Kenvue Inc.

Thibaut Mongon ceased as CEO and stepped down from board effective July 14, 2025; Kirk Perry appointed interim CEO.
Board establishes Strategic Review Committee to explore brand portfolio optimization and operational improvements; advised by Centerview and McKinsey.
Preliminary Q2 2025 net sales down 4.0% YoY; organic sales down 4.2%.
Preliminary diluted EPS $0.21-$0.22; adjusted diluted EPS $0.28-$0.29; full results and revised FY2025 outlook Aug 7.

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