Perrigo announces leadership transition for its Consumer Self-Care International (CSCI) business

Svend Andersenexecutive vice president and president of Consumer Self-Care International (CSCI), retires

Roberto Khourya global veteran of branded consumer health, named to lead the company

DUBLIN, May 7, 2024 /PRNewswire/ — Perrigo Company plc (NYSE: PRGO), a leading provider of Consumer self-care products, announced today that Svend Andersenexecutive vice president and president of Consumer Self-Care International (CSCI), intends to retire from the company in December of this year. Roberto Khoury, a consumer personal care veteran with more than 20 years of experience cultivating successful branded consumer products and pan-European brands, will be named to lead Perrigo’s CSCI segment. To ensure business continuity and a smooth transition, Mr. Andersen will continue to lead the CSCI, in close collaboration with Mr. Khoury, until August 1, 2024after which Mr. Khoury will assume the role of Executive Vice President and President of the CSCI, and Mr. Andersen will step down to serve in an advisory role until his retirement, scheduled for December 31, 2024.

Prior to joining Perrigo, Mr. Khoury was responsible for managing a $1.4 billion consumer products business at Kenvue (formerly part of Johnson & Johnson) as senior vice president and general manager of their skin care portfolio, including brand leadership responsibilities for Neutrogena^®Neostrata^®Loud and clear^®and Rogaine^®. Prior to this role, Khoury led Kenvue’s consumer brands in Europe. Prior to joining Kenvue, Mr. Khoury spent 13 years at L’Oréal, where he held several leadership roles in the consumer sector, including growing pan-European line extensions for major brands.

“I am excited to join Perrigo and contribute to the company’s growing success in the personal care industry,” said Mr. Khoury. “Perrigo has a strong reputation for delivering high-quality consumer products, and I am excited to work with the talented team, particularly Svend, to further strengthen the company’s well-known European brand presence . Together, we will continue to provide innovative solutions that improve the health and well-being of consumers around the world.

During his seven-year tenure, Mr. Andersen played a pivotal role in the success of the CSCI business, focusing the portfolio by significantly reducing the number of SKUs, focusing commercial efforts on innovation and expansions brand and making significant contributions to the overall growth of Perrigo. and development. His leadership, brand management and overall commitment position CSCI well for continued success.

“I feel very privileged to have led such a diverse, talented and passionate team, who I will truly miss. It has been an incredible journey with Perrigo and I am immensely proud of what we have achieved together,” commented Mr. Andersen. “I am fully convinced that Roberto is the right leader to advance the success of CSCI and all of Perrigo, and I wish him and the team the best for the future.”

Perrigo President and CEO Patrick Lockwood-Taylor commented: “On behalf of the Board of Directors, the management team and Perrigo’s more than 9,000 colleagues around the world, I would like to express our gratitude to Svend for his invaluable contributions and dedication to the growth and to the success of the organization. His leadership and commitment helped position CSCI and Perrigo as a global leader in personal care and I congratulate him on his well-deserved retirement.

Lockwood-Taylor concluded: “We are delighted to welcome Roberto to Perrigo, and I am confident that his fresh perspectives and deep consumer insight will focus the CSCI business on brands at scale, while delighting consumers with winning innovation. We are also delighted to have it. as a member of the leadership team as we continue our journey towards consumerization, simplification and scalability A Perrigo“.

About Perrigo

Perrigo Company plc (NYSE: PRGO) is a leading provider of Consumer self-care products and over-the-counter (OTC) health and wellness solutions that improve individual well-being by enabling consumers to proactively prevent or treat conditions that can be self-managed. Visit Perrigo online at www.perrigo.com.

Forward-looking statements

This press release includes certain “forward-looking statements” within the meaning of the Private Litigation Securities Reform Act of 1995, as amended. Forward-looking statements relate to future events and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which may cause the actual results, performance or achievements of the Company are significantly different from their current expectations. assumptions, estimates and projections. Interested persons are encouraged to review the Company’s filings with the United States Securities and Exchange Commission, available at https://investor.perrigo.com/sec-filings, for a discussion of the business and condition financial information of the Company as well as certain important trends and risks. , uncertainties and other related factors, including those discussed under the heading “Risk Factors” in the Company’s Form 10-K for the current fiscal year. December 31, 2023.

SOURCE Perrigo Company plc