Kenvue Inc. Reports CFO Amit Banati to Step Down in May 2026
Summary
On February 10, Amit Banati notified Kenvue Inc. that he will step down from his position as Chief Financial Officer, effective May 12, 2026. He is departing to pursue an opportunity to serve as the chief executive officer of another company. Prior to his departure, Kenvue intends to appoint a successor to serve as principal financial officer on an interim basis, in light of the Company's pending transaction with Kimberly-Clark Corporation. Mr. Banati will work on transition matters with the leadership team over the next three months.
Why It Matters
The departure of a Chief Financial Officer is a significant leadership change. The plan to appoint an interim successor is particularly material given Kenvue's pending transaction with Kimberly-Clark, as the transition of responsibilities could introduce potential risks and uncertainties.
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Key Quote
“On February 10, Amit Banati notified Kenvue Inc. (the "Company") that he will step down from his position as Chief Financial Officer, effective May 12, 2026, to.”
— From Item 5.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0001944048
- Filing Date
- Thursday, February 12, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral