Perrigo CEO Patrick Lockwood-Taylor Resigns After Board Cites Personal Conduct Concerns

Perrigo Company plc announced a major leadership change after Patrick Lockwood-Taylor resigned as president, chief executive officer, and board member, effective June 8, 2026. The company said its board determined that certain personal conduct by Lockwood-Taylor was not consistent with Perrigo’s Code of Conduct and core values. Perrigo also stated that the issue did not involve the company’s business, strategy, operations, financial reporting, or results of operations.

Albert Manzone Named Interim CEO

Following the resignation, Perrigo appointed board director Albert A. Manzone as interim president and CEO. The company said it has started a comprehensive search for a permanent successor. Manzone will guide Perrigo during the transition while the board looks for a long-term leader.

Company Says Financial Outlook Remains Unchanged

Perrigo reaffirmed its previously issued full-year 2026 financial outlook, signaling that the leadership change is not currently expected to alter its business forecast. This point is important for investors because sudden CEO departures can create uncertainty, especially when the reason involves conduct concerns.

Why the Resignation Matters

The departure places corporate governance and executive accountability in the spotlight. Perrigo’s board emphasized that senior leaders are expected to follow the company’s values at all times. While the company did not disclose details about the conduct, it clearly separated the matter from Perrigo’s operations and financial reporting.

Perrigo is known for consumer self-care products, over-the-counter health solutions, and wellness brands. The company describes itself as a leading provider of consumer self-care products and OTC health and wellness solutions.

What Comes Next for Perrigo

The next major step will be the search for a permanent CEO. Investors, employees, and business partners will likely watch how quickly the board moves and whether Perrigo maintains stability under interim leadership. For now, the company’s message is clear: its financial guidance remains intact, and the board is focusing on leadership continuity.

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