Kenvue CEO Thibaut Mongon Steps Down, Director Kirk Perry To Take On Interim CEO Role

Perry has previously worked with Circana, Google, and was with Procter and Gamble for 23 years.
Kenvue personal care products are displayed for sale on shelves at a Target store on October 14, 2024 in Austin, Texas.
Kenvue personal care products are displayed for sale on shelves at a Target store on October 14, 2024 in Austin, Texas. (Photo by Brandon Bell/Getty Images)
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Published Jul 14, 2025 | 7:56 AM GMT-04
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Kenvue (KVUE) said on Monday that CEO Thibaut Mongon has left the company and stepped down from its board, with Kirk Perry succeeding him as the interim chief executive officer, effective immediately.

The company, which makes Neutrogena and Listerine, was spun off from Johnson & Johnson (JNJ) in 2023 and has been facing mounting pressure from activist investors to improve its business, particularly in its skin and beauty business, which has not been performing well and is hindering its growth.

Kenvue shares rose over 3% in premarket trading. The retail sentiment on the stock improved to ‘neutral,’ compared to the ‘bearish’ territory a week ago, according to Stocktwits data.

The Tylenol maker said that Perry is a current Kenvue director, having joined in December 2024, and brings over 30 years of experience in global consumer-packaged goods, technology, and business transformation.

Perry most recently served as CEO of data firm Circana and previously held the position of President of Global Client and Agency Solutions at Google. He was with Procter & Gamble for 23 years before that, holding several positions, including Vice President of U.S. Operations and North America Marketing, as well as Vice President of the North America Baby Care segment.  

Kenvue added that its board is implementing a set of actions to enable the company to reach its full potential, including a CEO transition, and is advancing an ongoing comprehensive review of strategic alternatives.

The strategic review will consider a broad range of potential alternatives, including optimizing the brand portfolio, improving execution, and enhancing operating performance to accelerate profitable growth.

The company added that executive search firm Heidrick & Struggles was assisting it in the search for the next CEO.

Kenvue reported that its second-quarter organic sales declined 4.2% and adjusted profit per share was $0.28 to $0.29.

Wall Street is expecting a profit of $0.28, according to data compiled by FinChat.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

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