Kenvue Names 30-Year Veteran to Lead $3B Asia Pacific Business

[8-K] Kenvue Inc. Reports Material Event

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Kenvue has announced significant leadership changes in its Asia Pacific region. Ellie Bing Xie, current Group President of Asia Pacific, will step down from her role on July 14, 2025. She will remain with the company through August 8, 2025, to facilitate transition.

The company has appointed Anindya (Andy) Dasgupta as the new Group President, Asia Pacific, effective July 14, 2025. Dasgupta brings nearly 30 years of global consumer products industry experience, with expertise in:

Commercial strategy and sales
Marketing and business development
Leadership experience across Europe, US, and Asia Pacific
Health, nutrition, and food/beverage sectors

The Asia Pacific region is a significant market for Kenvue, contributing approximately $3 billion in Net sales in fiscal year 2024. Ms. Xie's departure qualifies as separation without "cause" under the Executive Severance Pay Plan, making her eligible for severance benefits subject to executing a release of claims and compliance with restrictive covenant obligations.

Positive

Appointed Anindya (Andy) Dasgupta as new Group President, Asia Pacific - a 30-year industry veteran with extensive leadership experience in health, nutrition, and food sectors
Asia Pacific region represents significant business segment with approximately $3 billion in Net sales in FY2024

Negative

Unexpected departure of Ellie Bing Xie as Group President, Asia Pacific, triggering severance payments and benefits under Executive Severance Plan

06/24/2025 - 04:05 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 17, 2025

Kenvue Inc.

(Exact name of registrant as specified in its charter)


Delaware	001-41697	88-1032011
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1 Kenvue Way

Summit, New Jersey

07901

(Address of principal executive offices)

(Zip Code)

Registrant's telephone number, including area code: (908)-874-1200

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value per share	KVUE	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 24, 2025, Kenvue Inc. (the "Company") announced that Ellie Bing Xie, currently Kenvue’s Group President, Asia Pacific, will cease to serve in such role on July 14, 2025 (the “Asia Pacific Transition”).

Ms. Xie will remain with the Company through August 8, 2025, to assist with the transition of her duties. The Asia Pacific Transition, with respect to Ms. Xie, meets the conditions of the separation without “cause” provisions of the Executive Severance Pay Plan of Kenvue Inc. and U.S. Affiliated Companies (the “Severance Plan”) and Ms. Xie’s long-term incentive awards. Accordingly, subject to her execution of a release of claims in favor of the Company and its affiliates and her continuing compliance with her restrictive covenant obligations, Ms. Xie will receive the severance payments and benefits payable under the Severance Plan, and her long-term incentive awards will be treated in accordance with the terms of the applicable award agreements.

Item 7.01 Regulation FD Disclosure

The Company has appointed Anindya (Andy) Dasgupta as Group President, Asia Pacific, effective July 14, 2025. Mr. Dasgupta, a nearly 30-year global consumer products industry veteran, will join Kenvue to lead the Asia Pacific region, which contributed approximately $3 billion in Net sales in fiscal year 2024. With extensive leadership experience in health, nutrition, and food and beverage sectors across emerging and developed markets, Mr. Dasgupta has held senior-level regional and global roles across Europe, the United States, and Asia Pacific and brings expertise in commercial strategy, sales, marketing, and business development.

The information contained under Item 7.01 in this Current Report on Form 8-K is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.


Exhibit Number						Exhibit Description
104						The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KENVUE INC.

Date: June 24, 2025

By:

/s/ Edward J. Reed

Name:
Title:

Edward J. Reed
Vice President, Corporate Secretary

Source:

FAQ

Who is replacing Ellie Bing Xie as KVUE's Group President of Asia Pacific?

Anindya (Andy) Dasgupta has been appointed as KVUE's new Group President, Asia Pacific, effective July 14, 2025. He is a 30-year global consumer products industry veteran with extensive leadership experience in health, nutrition, and food and beverage sectors across emerging and developed markets.

When is Ellie Bing Xie leaving her position at KVUE?

Ellie Bing Xie will cease to serve as Group President, Asia Pacific on July 14, 2025, and will remain with the company through August 8, 2025, to assist with the transition of her duties.

What severance benefits will KVUE's departing Asia Pacific President receive?

Subject to executing a release of claims and complying with restrictive covenant obligations, Ms. Xie will receive severance payments and benefits under the Executive Severance Pay Plan of Kenvue Inc., and her long-term incentive awards will be treated according to the applicable award agreements.

How significant is KVUE's Asia Pacific region to the company's business?

The Asia Pacific region is a significant part of Kenvue's business, contributing approximately $3 billion in Net sales in fiscal year 2024.

When did KVUE announce the leadership change in Asia Pacific?

Kenvue Inc. announced the leadership change on June 24, 2025, through an 8-K filing with the SEC.

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[8-K] Kenvue Inc. Reports Material Event

FAQ

Who is replacing Ellie Bing Xie as KVUE's Group President of Asia Pacific?

When is Ellie Bing Xie leaving her position at KVUE?

What severance benefits will KVUE's departing Asia Pacific President receive?

How significant is KVUE's Asia Pacific region to the company's business?

When did KVUE announce the leadership change in Asia Pacific?

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[8-K] Kenvue Inc. Reports Material Event

FAQ

Who is replacing Ellie Bing Xie as KVUE's Group President of Asia Pacific?

When is Ellie Bing Xie leaving her position at KVUE?

What severance benefits will KVUE's departing Asia Pacific President receive?

How significant is KVUE's Asia Pacific region to the company's business?

When did KVUE announce the leadership change in Asia Pacific?

NYSE:KVUE

KVUE Rankings

KVUE Latest News

KVUE Latest SEC Filings

KVUE Stock Data