Perrigo Announces Major Leadership Transition and Appoints Interim Chief Executive Officer

DUBLIN, Ireland – June 2026 – Perrigo Company plc, a global leader in consumer self-care and over-the-counter healthcare products, has announced a significant leadership change following the resignation of President and Chief Executive Officer Patrick Lockwood-Taylor. The company’s Board of Directors has appointed Albert A. Manzone as Interim President and Chief Executive Officer, effective immediately, while a comprehensive search is launched to identify a permanent successor.

Board Initiates Leadership Transition

Perrigo stated that Patrick Lockwood-Taylor has stepped down from his positions as President, Chief Executive Officer, and member of the Board of Directors. According to the company, the resignation follows a determination by the Board that certain personal conduct by Lockwood-Taylor was not aligned with Perrigo’s Code of Conduct and core corporate values. The company emphasized that the matter was unrelated to Perrigo’s business strategy, financial reporting, operational performance, or overall business results.

The Board stressed its commitment to maintaining the highest standards of corporate governance and ethical leadership. Company officials noted that accountability and adherence to corporate values remain essential expectations for all employees, especially senior executives entrusted with leading the organization.

Albert A. Manzone Named Interim President and CEO

To ensure continuity during the transition period, Perrigo has appointed Albert A. Manzone, a current member of the Board of Directors, as Interim President and CEO. Manzone brings more than three decades of international leadership experience across multiple industries, including consumer healthcare, consumer goods, luxury hospitality, and food products.

Since joining Perrigo’s Board in 2022, Manzone has played an active role in the company’s governance and strategic oversight. His appointment is intended to provide stability and maintain momentum as Perrigo continues executing its long-term growth strategy.

Extensive Leadership Experience

Throughout his career, Manzone has held senior executive positions at several prominent multinational organizations. Most recently, he served as Deputy Chief Executive Officer of Monte-Carlo Société des Bains de Mer, where he helped improve operational performance and strengthen leadership capabilities during a period of record financial results.

Prior to that role, he was Chief Executive Officer of Whole Earth Brands, a global food and wellness company. His professional background also includes leadership positions at Novartis Consumer Health, W.M. Wrigley Jr. Company, PepsiCo, and McKinsey & Company. This broad range of experience is expected to support Perrigo during the transition and future strategic initiatives.

Comprehensive Search for Permanent CEO Underway

Perrigo’s Board of Directors has already begun a comprehensive search process to identify the company’s next permanent Chief Executive Officer. The search is expected to evaluate both internal and external candidates with the experience, leadership qualities, and strategic vision necessary to guide Perrigo through its next phase of growth and transformation.

The Board has indicated that the process will be thorough and focused on finding a leader capable of strengthening Perrigo’s market position while maintaining the company’s commitment to innovation, consumer health, and operational excellence.

Perrigo Reaffirms Business Outlook

Despite the executive leadership change, Perrigo has reassured investors, employees, customers, and business partners that the company’s operations remain strong. Management reaffirmed its previously announced financial outlook for the full fiscal year, signaling confidence in the company’s business fundamentals and strategic direction.

The company emphasized that the transition is not expected to affect ongoing operations, customer relationships, product development programs, or strategic initiatives currently underway across its global markets.

Perrigo’s Position in the Global Self-Care Market

Perrigo is recognized as one of the world’s leading providers of consumer self-care and over-the-counter healthcare products. The company operates across numerous health and wellness categories, offering products designed to help consumers manage common health conditions independently and effectively.

Founded more than 138 years ago, Perrigo has built a reputation for delivering accessible healthcare solutions through both store-brand and branded products. Its portfolio includes well-known brands in areas such as pain relief, digestive health, respiratory care, women’s health, skin health, and infant nutrition.

Focus on Consumer Health and Wellness

The company’s mission centers on improving access to trusted health and wellness solutions. Perrigo has consistently emphasized affordability, quality, and innovation as key pillars of its business model. Through continued investment in research, development, and consumer-focused products, the company seeks to empower individuals to manage everyday health needs independently.

Corporate Governance and Ethical Standards Remain Priorities

The leadership transition underscores the importance of strong corporate governance practices within publicly traded companies. Perrigo’s Board reiterated that its values and ethical standards apply to all employees and executives, regardless of position or tenure.

Industry analysts note that companies increasingly prioritize ethical leadership and accountability as investors, regulators, and stakeholders demand higher levels of transparency and corporate responsibility. Perrigo’s swift response reflects these evolving expectations within the global business environment.

Looking Ahead

As Albert A. Manzone assumes interim leadership responsibilities, Perrigo remains focused on delivering value to shareholders, supporting customers, and advancing its mission within the global self-care market. The company’s Board, management team, and employees are expected to work closely together throughout the transition period to ensure stability and continued business performance.

With a permanent CEO search now underway, investors and industry observers will be closely watching Perrigo’s next steps as it continues to strengthen its position as a leading provider of consumer healthcare products worldwide.

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