Perrigo Company plc announced that Svend Andersen, Executive Vice President and President, Consumer Self-Care International (CSCI), intends to retire from the Company in December of this year. Roberto Khoury, a consumer self-care veteran with more than 20 years of experience cultivating successful branded consumer products and pan-European brands, will be appointed to lead Perrigo's CSCI segment. To ensure business continuity and a seamless transition, Mr. Andersen will continue to lead CSCI, working closely with Mr. Khoury, until August 1, 2024, at which point Mr. Khoury will assume the role of Executive Vice President and President of CSCI, and Mr. Andersen will step down to serve in an advisory role until his retirement, which is expected on December 31, 2024.

Prior to joining Perrigo, Mr. Khoury was responsible for running a $1.4 billion consumer products business at Kenvue (formerly a part of Johnson & Johnson) as Senior Vice President and General Manager of their skin care portfolio, including brand leadership responsibilities for Neutrogena®, Neostrata®, Clean and Clear®, and Rogaine®. Prior to this role, Khoury led Kenvue's consumer brands in Europe. Before his time at Kenvue, Mr. Khoury spent 13 years at L'Oréal, where he held several leadership roles in the consumer space that included stints in growing pan-European line extensions of leading brands.

During his seven-year tenure, Mr. Andersen played a pivotal role in the success of the CSCI business, focusing the portfolio by significantly reducing the number of SKUs, concentrating business efforts on innovation and brand extensions, and making significant contributions to Perrigo's overall growth and development. His leadership, brand management and overall commitment have CSCI well-positioned for continued success.