Perrigo Announces Executive Transition for its Consumer Self-Care International (CSCI) Business

Core Viewpoint - Perrigo Company plc announces the retirement of Svend Andersen, EVP and President of Consumer Self-Care International (CSCI), and the appointment of Roberto Khoury to lead the CSCI segment, ensuring a smooth transition until Andersen's retirement at the end of 2024 [1][4]. Leadership Transition - Svend Andersen will retire in December 2024 after a successful tenure, during which he significantly reduced the number of SKUs and focused on innovation and brand extensions [3][4]. - Roberto Khoury, with over 20 years of experience in consumer products, will take over leadership of CSCI on August 1, 2024, after working closely with Andersen during the transition [1][2]. Background of New Leader - Prior to joining Perrigo, Khoury managed a $1.4 billion consumer products business at Kenvue, overseeing brands like Neutrogena and Rogaine [2]. - Khoury has extensive experience in the consumer space, having spent 13 years at L'Oréal in various leadership roles [2]. Company Outlook - Khoury expressed enthusiasm about joining Perrigo and aims to enhance the company's European brand presence while continuing to provide innovative self-care solutions [3]. - Perrigo's President and CEO, Patrick Lockwood-Taylor, highlighted the importance of Khoury's fresh perspectives and consumer insights for the future growth of CSCI [4].