Kenvue Inc. 8-K

What Happened

• Kenvue Inc. announced that Chief Financial Officer Amit Banati will step down from his role effective May 12, 2026.
• On April 10, 2026 the company appointed Heather Howlett, currently its Chief Accounting Officer, to serve as interim Chief Financial Officer and continue as Chief Accounting Officer effective May 12, 2026. Ms. Howlett will serve as the company’s principal financial officer and principal accounting officer while interim CFO.

Key Details

• Effective date of leadership change: May 12, 2026.
• Interim appointment announced: April 10, 2026.
• Interim compensation: Ms. Howlett will receive a $125,000 monthly stipend (prorated for partial months) in addition to her current compensation while serving as interim CFO.
• Current 2026 compensation package disclosed for Ms. Howlett: $544,116 annual base salary; $299,264 annual target bonus; and an annual equity award with aggregate fair market value of $420,000.
• Background: Ms. Howlett (age 48) has been Kenvue’s Chief Accounting Officer since May 2023 and previously served in senior accounting roles at Johnson & Johnson (since Sept 2022 as CAO Designee for the new consumer health company), Trane Technologies, Catalent, Honeywell, Tyco and PwC.
• Corporate disclosure: The offer letter governing the interim CFO stipend is filed as Exhibit 10.1 to the 8-K. The company stated there are no family relationships or other arrangements related to the appointment.

Why It Matters

• A CFO transition is a material leadership change that can affect financial oversight and investor perception of stability. Kenvue has named an experienced internal candidate to preserve continuity in accounting and finance functions.
• The company’s 8-K includes a forward-looking caution noting risks from senior leadership changes, personnel distractions and potential business disruptions; investors should monitor subsequent announcements about a permanent CFO search and any impact on financial reporting or guidance.