Kenvue has announced changes to its Board of Directors. The company has appointed Kathleen M. Pawlus and Kirk L. Perry as new independent directors, effective August 15, 2024, and December 1, 2024, respectively.

 

Following the sale of Johnson & Johnson’s remaining stake in the company, current J&J executives, Peter M. Fasolo, and Joseph J. Wolk will resign from the board, effective December 2024. 

 

Larry Merlo, Chair, Kenvue Board of Directors, said, 

 

“Entering our second year as an independent public company, our Board succession process will ensure our Board of Directors further strengthens our diverse mix of backgrounds and skills, as well as independent director oversight, as our leadership executes our revenue and margin growth plan and we maintain our commitment to and focus on driving shareholder value. We are pleased that Kathleen and Kirk will join our Board. Kathleen and Kirk are highly experienced global leaders with strong track records in finance, consumer brands, and technology. Kathleen brings deep expertise across finance and accounting as well as strategy and operations, and Kirk brings a deep background in consumer packaged goods, brand management, strategy, operations, and technology. We are confident they will be valuable additions to our Board and look forward to gaining from their additional insights.”

 

Pawlus brings over 40 years of audit, finance, strategy, mergers and acquisitions, quality, information technology, and administration experience to Kenvue. She previously served as a partner at Ernst and Young, and as Chief Financial Officer and Chief Operating Officer of its Global Assurance group. Upon joining the Board, Pawlus will serve as a member of the Audit Committee.

 

Pawlus said, 

 

“I am thrilled to join the Kenvue Board during this important phase in the Company’s evolution. I look forward to leveraging my experience and collaborating with my fellow directors and management to help accelerate the momentum underway as Kenvue continues to advance toward its ambition to become the undisputed leader in consumer health.”

 

Perry currently serves as President and Chief Executive Officer of Circana. He is a seasoned consumer products and brand strategist, with over 30 years of experience in consumer-packaged goods and technology at Procter & Gamble and Google. Upon joining the Board, Perry will serve as a member of the Compensation & Human Capital Committee.

 

Perry commented, 

 

“I am eager to begin working alongside the rest of the Kenvue Board and supporting the management team as the Company executes against its strategic priorities. It’s an honor to join the Board and be a part of bringing Kenvue’s iconic brands to market to positively impact people’s health and wellness.”

 

Merlo concluded, 

 

“On behalf of the entire Board, I would like to thank Peter and Joe for their tremendous contributions as Kenvue separated from Johnson & Johnson. They provided valuable support as the Company formulated and executed on its new strategy, and we appreciate their partnership at such an important time for the business.”

 

Thibaut Mongon, Chief Executive Officer, Kenvue, said, 

 

“The Kenvue Leadership Team and I are grateful for Peter’s and Joe’s commitment to making Kenvue’s separation a smooth and successful transition. We look forward to welcoming Kathleen and Kirk to our Board as we focus on reaching more consumers, reinventing our ways of working to invest more behind our brands, and fostering a culture that rewards performance and impact as we deliver long-term value for our shareholders.”

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