<ul data-eligibleForWebStory="false"><li>Kenvue's CEO and board member, Thibaut Mongon, has stepped down, and Kirk Perry has been named as interim chief executive.</li><li>The company, spun off from Johnson & Johnson in 2023, is facing pressure from activist investors to improve performance, especially in its skin-health and beauty unit.</li><li>The board is conducting a strategic review to explore various alternatives, including simplifying the company's portfolio and operations.</li><li>Executive search firm Heidrick & Struggles is assisting in the search for the company's next CEO, with the company set to report its second-quarter financial results on August 7.</li></ul>

Kenvue CEO Steps Down

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