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Kenvue (KVUE) CFO Amit Banati to leave role amid pending Kimberly-Clark deal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Kenvue Inc. announced that Chief Financial Officer Amit Banati will step down from his role effective May 12, 2026 to become chief executive officer of another company. The company plans to appoint a successor to serve as interim principal financial officer in connection with its pending transaction with Kimberly-Clark Corporation.

Over the next three months, Banati will work closely with Kenvue’s leadership, finance, and accounting teams to support a smooth transition of his responsibilities. The company also highlights forward-looking statement risks related to the leadership transition and refers investors to its recent SEC filings for additional risk factors.

Positive

  • None.

Negative

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Insights

Kenvue discloses an orderly CFO transition tied to a pending transaction.

Kenvue reports that CFO Amit Banati will leave effective May 12, 2026 to become CEO of another company. The company intends to appoint an interim principal financial officer in light of its pending transaction with Kimberly-Clark Corporation, signaling attention to continuity in financial oversight.

The three-month collaboration period with leadership, finance, and accounting teams is designed to support an orderly handover of responsibilities. The company explicitly notes risks tied to the transition in its forward-looking statement caution, directing stakeholders to its latest 10-K and 10-Q for broader risk context.



 
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): February 10, 2026
 

 
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 February 10, Amit Banati notified Kenvue Inc. (the “Company”) that he will step down from his position as Chief Financial Officer, effective May 12, 2026, to pursue an opportunity to serve as the chief executive officer of another company.

Prior to Mr. Banati’s departure, the Company intends to appoint a successor who will serve as principal financial officer on an interim basis in light of the Company’s pending transaction with Kimberly-Clark Corporation. Over the next three months, Mr. Banati will work in close partnership on transition matters with the Company’s leadership team, including the financial and accounting teams.

Cautions Concerning Forward-Looking Statements

This Current Report on Form 8-K contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 regarding statements about the timing of Mr. Banati’s departure from the Company, the work he will do in the next three months and the Company’s intention to appoint a successor on an interim basis in light of the Company’s pending transaction with Kimberly-Clark Corporation.  Forward-looking statements may be identified by the use of words such as “plans,” “expects,” “may,” “will,” “anticipates,” “estimates,” “aims,” and other words of similar meaning in conjunction with, among other things: discussions of future operations and expected costs and workforce reduction. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current beliefs, expectations and assumptions of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results and financial condition could vary materially from the expectations and projections of the Company and its affiliates. Potential risks and uncertainties that could cause actual results to differ from expected results include, among others, risks around the transition of Mr. Banati’s responsibilities to a successor.

A list and descriptions of additional risks, uncertainties and other factors can be found in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other filings, available at www.kenvue.com or on request from the Company. The Company and its affiliates undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or developments or otherwise, other than as required by law.



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:  February 12, 2026
By:
/s/ Matthew Orlando
 
   
Name:
Matthew Orlando  
   
Title:
General Counsel
 


 
 

 

FAQ

What executive change did Kenvue (KVUE) announce in this 8-K filing?

Kenvue announced that Chief Financial Officer Amit Banati will step down effective May 12, 2026. He is leaving to become chief executive officer of another company, and Kenvue plans to appoint an interim principal financial officer to ensure continuity during the leadership transition.

When will Kenvue CFO Amit Banati leave his role at KVUE?

Amit Banati will leave his role as Kenvue’s Chief Financial Officer effective May 12, 2026. Until then, he will work closely with the company’s leadership, finance, and accounting teams over the next three months to support transition planning and handover activities.

Why is Kenvue’s CFO Amit Banati stepping down from KVUE?

Amit Banati is stepping down as Kenvue’s Chief Financial Officer to pursue an opportunity to serve as chief executive officer of another company. The filing frames this as a career move, while Kenvue focuses on arranging a structured financial leadership transition internally.

How will Kenvue (KVUE) handle CFO responsibilities after Banati’s departure?

Kenvue intends to appoint a successor who will serve as principal financial officer on an interim basis. This interim appointment is planned in light of the company’s pending transaction with Kimberly-Clark Corporation, aiming to maintain financial leadership stability through that period.

What transition steps are planned as Kenvue’s CFO prepares to leave?

Over the next three months, Amit Banati will partner closely with Kenvue’s leadership, financial, and accounting teams on transition matters. This period is intended to support an orderly handover of his responsibilities ahead of his effective departure date in May 2026.

Does Kenvue highlight any risks related to the CFO transition in this filing?

Kenvue notes that risks around transitioning Amit Banati’s responsibilities to a successor could affect outcomes. The company includes this in its forward-looking statement caution and directs readers to its most recent 10-K, 10-Q, and other SEC filings for additional risk details.

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3 documents
Kenvue Inc.

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