Kenvue's has fired CEO Thibaut Mongon, who has also stepped down from the board, the consumer health company said on Monday, marking its second major executive shake-up this year amid mounting investor pressure to boost performance.

Perry is a current Kenvue director and seasoned consumer products and brand strategist with more than 30 years of experience. Of his appointment, Larry Merlo, Kenvue’s chair of

American consumer health company Kenvue's Board of Directors announced new actions to unlock shareholder value and an interim CEO on Monday.