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Perrigo Announces Strategic Organizational Update to Drive Sustainable Growth and Performance

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Perrigo (NYSE: PRGO), a leading provider of Consumer Self-Care Products, has announced a strategic organizational restructuring to optimize its global Category-Led, Market Activation Growth Model. The company is making key leadership changes, with Roberto Khoury appointed as EVP & Chief Commercial Officer to lead global market activation, while Triona Schmelter, EVP & President of Consumer Self-Care Americas (CSCA), will depart the organization.

The reorganization aims to enhance agility, accelerate innovation, and drive sustainable growth as part of Perrigo's multi-year Stabilize, Streamline and Strengthen ('Three-S') plan. The company will centralize its global brand-building capabilities while maintaining market-empowered activation and commercial excellence. The restructuring will not impact Perrigo's full-year 2025 adjusted EPS guidance or reporting segments.

The implementation will occur over the coming months, following all required legal consultation processes. The roles of EVP and President CSCI and EVP and President CSCA will be discontinued as part of this organizational alignment.

Perrigo (NYSE: PRGO), un fornitore leader di Prodotti per l'Auto-Cura del Consumatore, ha annunciato una riorganizzazione strategica per ottimizzare il suo modello globale di crescita basato su Categoria e Attivazione di Mercato. L'azienda sta apportando cambiamenti chiave nella leadership, con Roberto Khoury nominato EVP e Chief Commercial Officer per guidare l'attivazione del mercato globale, mentre Triona Schmelter, EVP e Presidente del Consumer Self-Care Americas (CSCA), lascerà l'organizzazione.

La riorganizzazione mira a migliorare l'agilità, accelerare l'innovazione e promuovere una crescita sostenibile, nell'ambito del piano pluriennale Stabilize, Streamline and Strengthen ('Three-S') di Perrigo. L'azienda centralizzerà le capacità globali di costruzione del marchio, mantenendo al contempo un'attivazione di mercato autonoma e un'eccellenza commerciale. La ristrutturazione non influirà sulle previsioni di EPS rettificato per l'intero anno 2025 né sui segmenti di reporting di Perrigo.

L'implementazione avverrà nei prossimi mesi, dopo aver completato tutti i processi di consultazione legale necessari. I ruoli di EVP e Presidente CSCI e EVP e Presidente CSCA saranno eliminati nell'ambito di questo allineamento organizzativo.

Perrigo (NYSE: PRGO), un proveedor líder de Productos de Autocuidado para el Consumidor, ha anunciado una reestructuración organizativa estratégica para optimizar su modelo global de crecimiento basado en Categorías y Activación de Mercado. La empresa está realizando cambios clave en su liderazgo, con Roberto Khoury nombrado EVP y Director Comercial para liderar la activación del mercado global, mientras que Triona Schmelter, EVP y Presidenta de Consumer Self-Care Americas (CSCA), dejará la organización.

La reorganización tiene como objetivo mejorar la agilidad, acelerar la innovación y fomentar un crecimiento sostenible como parte del plan plurianual de Perrigo denominado Stabilize, Streamline and Strengthen ('Three-S'). La compañía centralizará sus capacidades globales de construcción de marca, manteniendo al mismo tiempo una activación de mercado empoderada y excelencia comercial. La reestructuración no afectará las previsiones de EPS ajustado para todo el año 2025 ni los segmentos de reporte de Perrigo.

La implementación se llevará a cabo en los próximos meses, tras completar todos los procesos legales de consulta requeridos. Los roles de EVP y Presidente CSCI y EVP y Presidente CSCA serán eliminados como parte de esta alineación organizativa.

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êµ¬í˜„ì€ í–¥í›„ ëª� ë‹¬ì— ê±¸ì³ ì§„í–‰ë˜ë©°, í•„ìš”í•� 모든 ë²•ì  í˜‘ì˜ ì ˆì°¨ë¥� 따릅니다. EVP ê²� CSCI 사장 ë°� EVP ê²� CSCA 사장 ì§ì±…ì€ ì´ë²ˆ ì¡°ì§ ì •ë ¬ì� ì¼í™˜ìœ¼ë¡œ íì§€ë©ë‹ˆë‹�.

Perrigo (NYSE: PRGO), un fournisseur de premier plan de produits d'autosoins pour les consommateurs, a annoncé une réorganisation stratégique afin d'optimiser son modèle de croissance global axé sur les catégories et l'activation du marché. L'entreprise procède à des changements clés dans sa direction, avec Roberto Khoury nommé EVP et Chief Commercial Officer pour diriger l'activation du marché mondial, tandis que Triona Schmelter, EVP et Présidente de Consumer Self-Care Americas (CSCA), quittera l'organisation.

Cette réorganisation vise à renforcer l'agilité, accélérer l'innovation et stimuler une croissance durable dans le cadre du plan pluriannuel Stabilize, Streamline and Strengthen (« Three-S ») de Perrigo. L'entreprise centralisera ses capacités mondiales de construction de marque tout en maintenant une activation du marché autonome et une excellence commerciale. La restructuration n'affectera pas les prévisions de BPA ajusté pour l'ensemble de l'année 2025 ni les segments de reporting de Perrigo.

La mise en œuvre se déroulera au cours des prochains mois, après avoir suivi toutes les procédures légales de consultation requises. Les postes d'EVP et Président CSCI ainsi que d'EVP et Président CSCA seront supprimés dans le cadre de cet alignement organisationnel.

Perrigo (NYSE: PRGO), ein führender Anbieter von Consumer Self-Care-Produkten, hat eine strategische organisatorische Umstrukturierung angekündigt, um sein globales, kategoriegesteuertes Marktaktivierungs-Wachstumsmodell zu optimieren. Das Unternehmen nimmt wichtige Führungswechsel vor, wobei Roberto Khoury zum EVP und Chief Commercial Officer ernannt wurde, um die globale Marktaktivierung zu leiten, während Triona Schmelter, EVP und Präsidentin von Consumer Self-Care Americas (CSCA), das Unternehmen verlassen wird.

Ziel der Reorganisation ist es, die Agilität zu erhöhen, Innovationen zu beschleunigen und nachhaltiges Wachstum im Rahmen von Perrigos mehrjährigem Stabilize, Streamline and Strengthen („Three-S�)-Plan voranzutreiben. Das Unternehmen wird seine globalen Markenbildungsfähigkeiten zentralisieren und gleichzeitig eine marktgestützte Aktivierung und kommerzielle Exzellenz beibehalten. Die Umstrukturierung wird die Prognosen für das bereinigte EPS 2025 oder die Berichtsegmente von Perrigo nicht beeinflussen.

Die Umsetzung erfolgt in den kommenden Monaten nach Abschluss aller erforderlichen rechtlichen Konsultationsprozesse. Die Positionen EVP und Präsident CSCI sowie EVP und Präsident CSCA werden im Rahmen dieser organisatorischen Neuausrichtung abgeschafft.

Positive
  • Streamlining operations to enhance speed, agility, and scalability while reducing bureaucracy
  • Model has already demonstrated success in CSCI business with accelerated regulatory milestones and market share gains
  • Centralizing global brand-building capabilities to improve efficiency and innovation
  • Maintaining current financial guidance despite organizational changes
Negative
  • Loss of key executive Triona Schmelter from leadership team
  • Discontinuation of two executive president positions (CSCI and CSCA) indicating significant organizational disruption

Insights

Perrigo's organizational restructuring aligns global categories with market activation to enhance agility and accelerate growth potential.

Perrigo's strategic organizational restructuring represents a significant operational evolution within their multi-year 'Three-S' plan (Stabilize, Streamline, Strengthen). By consolidating their business around global category leadership paired with market activation, the company is attempting to reduce bureaucratic inefficiencies while enhancing commercial agility.

The promotion of Roberto Khoury to the newly created Chief Commercial Officer position centralizes commercial leadership that was previously divided between Consumer Self-Care International (CSCI) and Consumer Self-Care Americas (CSCA) divisions. This consolidation signals Perrigo's confidence in the CSCI operational model that has already demonstrated measurable success and will now be scaled across the entire organization.

What's particularly noteworthy is that this restructuring maintains the current financial guidance for 2025, suggesting the changes are about optimization rather than cost-cutting. The company appears to be focusing on unlocking growth potential from both branded and store-brand portfolios through streamlined decision-making processes.

The departure of Triona Schmelter, while positioned as part of the restructuring, represents a significant leadership change following her role in launching Opill®, which was described as a "significant inflection point" for the Americas division. The transition period until October indicates a measured approach to this leadership change.

This alignment represents Perrigo's strategic response to market dynamics in the self-care sector, where speed-to-market and consumer-centric innovation are increasingly competitive differentiators. By centralizing category strategy while empowering market-specific activation, Perrigo is positioning itself to capitalize on cross-market opportunities more efficiently.

Company to Scale and Optimize Global Category-Led, Market Activation Growth Model

Roberto Khoury, EVP & President Consumer Self-Care International (CSCI), Appointed to New Position of EVP & Chief Commercial Officer to Lead Global Market Activation

Triona Schmelter, EVP & President Consumer Self-Care Americas (CSCA), to Leave Organization

DUBLIN, July 1, 2025 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO), a leading global provider of Consumer Self-Care Products, today announced that it is scaling and optimizing its proven growth model—anchored in global Category Leadership and Market Activation—across the organization to enhance agility, accelerate innovation, and drive long-term sustainable growth. This organizational alignment advances Perrigo's multi-year Stabilize, Streamline and Strengthen ('Three-S') plan and reflects operational readiness across the Company.

"This is an important next step forward for Perrigo," said Patrick Lockwood-Taylor, President and CEO.Ìý"By aligning our organization around global categories and empowering market activation, we are positioning Perrigo to drive long-term performance with deeper customer and consumer engagement. This move links the organization to our strategy of scaling more molecules, more efficiently, to more consumers across more markets. This alignment is not just about structure—it's about performance, purpose and unlocking the full potential of our people and our portfolio."

Key Highlights of Our Category-Led, Market Activation Growth Model:

  • Streamlining for Long-Term Sustainable Growth: This alignment enhances speed, agility and scalability, while reducing bureaucracy. It enables Perrigo to serve more consumers across a broader range of price points.
  • Growth Model Already Delivering Strong Results: This is not a new direction. Perrigo has already realized measurable success with this model in its CSCI business and increasingly in its CSCA business, including accelerated regulatory milestones, digital activations and go-to-market strategies that have captured market opportunities and driven share gains.
  • Unlocking the Full Potential of Our Portfolio: This alignment is designed to unlock value from both brand and store brand portfolios, creating new opportunities for growth, innovation and efficiency. Perrigo is centralizing and enhancing its global brand-building capabilities to deliver self-care solutions that consumers want—powered by deep insights, preferred innovation and impactful marketing. Execution will be driven by market-empowered activation, commercial go-to-market excellence and strong customer relationships.
  • Aligning Leadership to Deliver Execution Excellence: To support this alignment, including category strategy execution, go-to-market excellence and global demand generation across all regions, Roberto Khoury has been appointed EVP and Chief Commercial Officer. Mr. Khoury has a strong track record of success leading Perrigo's CSCI business and will play a key role in aligning commercial functions with the new global category model. Mr. Khoury will assume responsibility for operating results in both CSCI and CSCA and will partner closely with David Ball, EVP and Chief Brand and Digital Officer, who is responsible for global category leadership.
  • Financial Guidance Unchanged: This alignment does not impact our full-year 2025 adjusted EPS guidance or reporting segments.

As part of this alignment, the roles of EVP and President CSCI and EVP and President CSCA will be discontinued. Triona Schmelter will depart the organization and be available on a consultative basis until October 31, 2025. Perrigo extends its sincere gratitude for her leadership and contributions over the past two years, including the launch of Opill® which was a significant inflection point for CSCA and women's reproductive health in the U.S.

"I want to recognize Triona's contributions in navigating the complexities of the infant formula market and strengthening our store brand position. We wish her all the best in her future endeavors," added Lockwood-Taylor.

This alignment will follow all applicable information and consultation processes, as legally required, and is expected to be implemented over the coming months.

About PerrigoÌý

Perrigo Company plc is a leading pure-play self-care company with over a century of experience in providing high-quality health and wellness solutions to consumers primarily in North America and Europe. As a pioneer in the over-the-counter (OTC) self-care market, Perrigo offers trusted self-care solutions that can be used without the need for a prescription, ensuring accessibility and choice for consumers across molecules, dosage forms and value tiers.

Perrigo's unique business model leverages its complementary businesses, where cash-generative store brand private label offerings fuel investments for leading brands, including Opill®, Mederma®, Compeed®, EllaOne®, and Jungle Formula®.

For more information, visit .

Forward-Looking Statements

This press release includes, and the matters discussed in Perrigo's upcoming earnings release will include certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements involve known and unknown risks, uncertainties and other factors—many of which are beyond the Company's control—that may cause the actual results, performance or achievements of the Company to be materially different from its current expectations, assumptions, estimates and projections. Interested persons are urged to consult the Company's filings with the United States Securities and Exchange Commission, available at , for a discussion of the Company's business and financial condition and certain material trends, risks, uncertainties and other factors relating thereto, including those discussed under "Risk Factors" in the Company's Form 10-K for the year ended December 31, 2024.

Perrigo Contact

Bradley Joseph, Vice President, Global Investor Relations & Corporate Communications, (269) 686-3373, E-mail: [email protected]

Nicholas Gallagher, Senior Manager, Global Investor Relations & Corporate Communications, (269) 686-3238, E-mail: [email protected]

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SOURCE Perrigo Company plc

FAQ

What organizational changes did Perrigo (PRGO) announce in July 2025?

Perrigo announced a strategic restructuring to optimize its global Category-Led, Market Activation Growth Model, appointed Roberto Khoury as EVP & Chief Commercial Officer, and announced the departure of Triona Schmelter, while discontinuing the roles of EVP and President for both CSCI and CSCA divisions.

How will the 2025 restructuring affect Perrigo's financial guidance?

The organizational alignment will not impact Perrigo's full-year 2025 adjusted EPS guidance or reporting segments.

Who is Roberto Khoury and what will be his role at Perrigo?

Roberto Khoury, previously EVP & President of Consumer Self-Care International (CSCI), has been appointed as EVP & Chief Commercial Officer, responsible for operating results in both CSCI and CSCA divisions and aligning commercial functions with the new global category model.

What is Perrigo's Three-S plan?

The Three-S plan is Perrigo's multi-year strategy focused on Stabilize, Streamline and Strengthen initiatives to enhance company performance and growth.

When will Perrigo implement these organizational changes?

The organizational changes will be implemented over the coming months, following all applicable information and consultation processes as legally required.
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