PERRIGO Co plc 8-K

What Happened
Perrigo Co plc (PRGO) filed an 8-K on June 8, 2026 reporting that Patrick Lockwood‑Taylor resigned effective June 7, 2026 as President, Chief Executive Officer and as a member of the Board after the Board determined certain personal conduct was inconsistent with the Company’s Code of Conduct and core values. The Board said the resignation is not related to Perrigo’s business, strategy, operations, financial reporting, or results of operations. The Board reduced its size from 9 to 8 following the resignation. On June 7, 2026 the Board appointed director Albert A. Manzone as Interim President and Chief Executive Officer and launched a search for a permanent CEO.

Key Details

• Resignation date: Patrick Lockwood‑Taylor resigned effective June 7, 2026.
• Interim CEO: Albert A. Manzone appointed Interim President & CEO on June 7, 2026; he will step down from the Board’s Audit Committee while serving as interim CEO.
• Board size: Reduced from 9 to 8 directors following the departure.
• Compensation & disclosures: Terms of Mr. Manzone’s interim compensation are not yet finalized; the company will file an amendment with material terms within four business days after they are determined.
• Related‑party and family checks: Company disclosed no family relationships and no reportable related‑party transactions (since Jan 1, 2025) involving Mr. Manzone.
• Regulation FD: Company issued a press release regarding the matter (filed as Exhibit 99.1).

Why It Matters
A CEO change is a material corporate governance event that can affect strategy and investor confidence. Perrigo emphasizes the departure was for conduct reasons and not tied to financial performance or operations, which may reassure investors about the company’s financial reporting and results. The appointment of an internal director as interim CEO provides leadership continuity while the Board conducts a search for a permanent successor; investors should watch for the forthcoming amendment disclosing Mr. Manzone’s compensation terms and any updates on the CEO search.