News & Events

in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific ref…

Chief Financial Officer — Amit Banati: The CFO is stepping down and an interim replacement has been appointed.

in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific ref…

Costs Associated with Exit or Disposal Activities On February 17, 2026, the Company’s Board of Directors approved an initiative that aims to optimize its operating model, transform its supply chain, reduce complexity, and drive operational efficiencies, while strengthening core capabilities. The initiative is expected to result in a net global workforce reduction of approximately 3.5%. The initiative is expected to result in pre-tax restructuring expenses and other charges totaling approximat…

Chief Financial Officer — Amit Banati: Mr. Banati is stepping down to pursue another opportunity as CEO of a different company.

Other Events. As previously disclosed, on November 2, 2025, Kenvue Inc., a Delaware corporation (“ Kenvue ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Kimberly-Clark Corporation, a Delaware corporation (“ K-C ”), Vesta Sub I, Inc., a Delaware corporation and a direct wholly owned subsidiary of K-C (“ First Merger Sub ”), and Vesta Sub II, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of K-C (“ Second Merger Sub ”), pursuant…

Group President, Asia Pacific — Ellie Bing Xie: Ms. Xie will cease to serve as Group President, Asia Pacific with severance benefits.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) Departure of Peter M. Fasolo and Joseph J. Wolk from the Board of Directors On July 30, 2024, Peter M. Fasolo, Ph.D., and Joseph J. Wolk each informed Kenvue Inc. (the “Company”) and its Board of Directors (the “Board”) of their decision to resign from the Board, effective as of December 1, 2024. (d) Appointment of Kathleen M. Pawlus and Kirk L…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 5, 2023, Kenvue Inc. (the "Company") announced that Kathleen Widmer, Group President, North America and Latin America, will transition out of Kenvue effective December 31, 2023. This is an involuntary termination without "cause" within the meaning of the Executive Severance Pay Plan of Kenvue Inc. and U.S. Affiliated Companies (the "Sev…