AI English summary of an SEC filing — figures as filed
Kenvue KVUEKenvue said Chief Financial Officer Amit Banati will step down effective May 12, 2026, and that it appointed Chief Accounting Officer Heather Howlett as interim Chief Financial Officer and Chief Accounting Officer effective May 12. The announcement of Banati's departure was made on February 12, 2026, and the appointment was made on April 10, 2026.
Key points
AI summaryKenvue said Chief Financial Officer Amit Banati will step down effective May 12, 2026, and that it appointed Chief Accounting Officer Heather Howlett as interim Chief Financial Officer and Chief Accounting Officer effective May 12. The announcement of Banati's departure was made on February 12, 2026, and the appointment was made on April 10, 2026.
The company said it will pay Howlett a monthly stipend of $125,000 under the offer letter with her, in addition to her current compensation, for each month she serves as interim Chief Financial Officer, prorated for partial months. It said there will be no other changes to her compensation or benefits from her interim role.
The company said Howlett's fiscal 2026 compensation consists of an annual base salary of $544,116, an annual target bonus of $299,264, and an annual equity award with an aggregate fair market value of $420,000.
Kenvue said Howlett, age 48, has served as Chief Accounting Officer since May 2023. She joined Johnson & Johnson in September 2022 and was Chief Accounting Officer of Trane Technologies from March 2020 to August 2022. The company said there are no family relationships between Howlett and any executive officer or director, and no arrangement or understanding under which she was appointed.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Kenvue Names Interim CFO After Banati Departure
Kenvue said Chief Financial Officer Amit Banati will step down effective May 12, 2026, and that it appointed Chief Accounting Officer Heather Howlett as interim Chief Financial Officer and Chief Accounting Officer effective May 12. The announcement of Banati's departure was made on February 12, 2026, and the appointment was made on April 10, 2026.
Source · Based on the filing body and exhibits
Interim CFO Monthly Stipend
The company said it will pay Howlett a monthly stipend of $125,000 under the offer letter with her, in addition to her current compensation, for each month she serves as interim Chief Financial Officer, prorated for partial months. It said there will be no other changes to her compensation or benefits from her interim role.
Source · Based on the filing body and exhibits
Howlett's Fiscal 2026 Compensation Structure
The company said Howlett's fiscal 2026 compensation consists of an annual base salary of $544,116, an annual target bonus of $299,264, and an annual equity award with an aggregate fair market value of $420,000.
Source · Based on the filing body and exhibits
Howlett's Background and Family or Appointment Arrangements
Kenvue said Howlett, age 48, has served as Chief Accounting Officer since May 2023. She joined Johnson & Johnson in September 2022 and was Chief Accounting Officer of Trane Technologies from March 2020 to August 2022. The company said there are no family relationships between Howlett and any executive officer or director, and no arrangement or understanding under which she was appointed.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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