Kenvue Makes Progress Transitioning From J&J Cash Stream To ‘Profitable Growth’ On Its Own

 
• By Malcolm Spicer

For Kenvue, 2023 “was really about separating from J&J” as a segment “mostly focused on profit and cash,” says CEO Thibaut Mongon. “But in 2024, you see a very different Kenvue in action.”

• Source: Shutterstock

Kenvue Inc. still is moving from providing a steady cash stream from the consumer health product market for former parent Johnson & Johnson to becoming “an independent company focused on accelerated profitable growth,” says CEO Thibaut Mongon.

“That's what the entire organization is focused on,” Mongon said on 4 June at Deutsche Bank’s dbAccess Global Consumer Conference.

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