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Kenvue rises as CEO steps down amid board's strategic review

ReutersJul 14, 2025 11:21 AM

Shares of consumer healthcare co Kenvue KVUE.N rise 3% to $22 in premarket trading

Co appoints Kirk Perry as interim CEO effective immediately after departure of CEO Thibaut Mongon

Perry was with Procter & Gamble PG.N for 23 years where he held several general management and marketing roles

The Board’s strategic review is underway, and we are considering a broad range of potential alternatives, including ways to simplify the company’s portfolio and how it operates - KVUE

Co announces prelim Q2 adj. profit of 28 to 29 cents per share, in-line with estimates, as per data compiled by LSEG

Up to last close, KVUE down 0.05% YTD

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