The Johnson & Johnson spinoff that makes Tylenol and Benadryl, said Chief Executive Thibaut Mongon has departed and that the company is considering simplifying its portfolio amid a recent sales slump.

Kenvue took action after three U.S. hedge funds -- Starboard Value, Tom's Capital and Third Point – agitated for change at ...

Alongside the leadership change, Kenvue revealed that its Board had previously initiated a comprehensive review of strategic alternatives and established a Strategic Review Committee. The review will ...

Band-Aid and Tylenol maker Kenvue has fired its CEO Thibaut Mongon, the consumer health company said on Monday, laying what some investors expect will be the groundwork for an eventual sale of the ...

Kenvue, which was spun off from Johnson & Johnson in 2023, has been working to shore up profitability, especially in its struggling skin health and beauty unit which includes brands like Neutrogena ...

Kenvue, which makes powerhouse consumer health brands such as Listerine mouthwash and pain reliever Tylenol, saw its second-quarter sales slip 4%, the company also reported on Monday.

Mongon's departure represents the latest executive change in recent months. Kenvue in May named Amit Banati as the successor to former Chief Financial Officer Paul Ruh.

Shares rose 3.8% to $22.15 in premarket trading after the owner of the Band-Aid and Tylenol brands named Kirk Perry as interim CEO, effective immediately. Perry, a company director, takes over from ...

The consumer health company also disclosed its CEO’s departure, following its CFO replacement earlier this year, and appointed an interim chief executive. Preliminary second-quarter 2025 results show ...

Mongon’s departure follows the appointment of a new chief financial ... the company delivers its full quarterly earnings in early August. The post Kenvue stock rises on CEO exit as company launches ...

CEO Debra Crew has stepped down after two years in the job, the world's biggest spirits maker has said, with finance chief Nik Jhangiani taking over in the interim as the company strives to boost its ...