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- Departure of CEO (new) — The CEO resigned immediately following a board determination that his personal conduct violated the company's Code of Conduct and core values.
Perrigo CEO resigns immediately after board finds conduct violated company values
Filed June 8, 2026 · Period ending June 7, 2026 · ~1 min read
Key Changes
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CEO Patrick Lockwood-Taylor resigned effective immediately on June 7, 2026, after the board determined his personal conduct violated the company's Code of Conduct and core values. The company states this is unrelated to business operations, strategy, or financial reporting.
Item 5.02 verify on EDGAR → -
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Board director Albert Manzone was immediately appointed interim President and CEO. He will step down from the Audit Committee during his interim service and leave his role as Deputy CEO of Monte-Carlo Society des Bains de Mer. A search for a permanent CEO has begun.
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Compensation arrangements for the interim CEO have not been finalized. Perrigo will file an amended 8-K within four business days once terms are determined.
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The board reduced its size from 9 to 8 directors following Lockwood-Taylor's departure from the board.
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Summary
Perrigo's CEO Patrick Lockwood-Taylor resigned immediately on June 7, 2026, after the board determined his personal conduct was inconsistent with company values and its Code of Conduct. While the company explicitly states the resignation is unrelated to business operations, strategy, or financial performance, the abrupt nature and ethics-related cause create uncertainty during a leadership transition.
The board moved quickly to appoint director Albert Manzone as interim CEO while launching a search for a permanent replacement. For retail investors, the key concern is execution continuity during what could be an extended CEO search. Manzone brings board experience but is stepping away from other roles to take this position, and his compensation hasn't been finalized.
Leadership instability at consumer healthcare companies can affect strategic initiatives and operational momentum. Watch for the company's next earnings call and any updates on the permanent CEO search timeline—prolonged uncertainty or operational missteps during the transition would be warning signs. The company's assertion that this is purely a conduct issue, not business-related, will be tested by upcoming quarterly results.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Consequently, the Board has reduced the number of directors constituting the Board from 9 to 8.
Following Lockwood-Taylor's resignation from the board, the total number of board directors decreased from 9 to 8.
Event · Item 7.01 — Regulation FD Disclosure
Perrigo furnished a press release under Regulation FD regarding a matter disclosed in Item 5.02 (leadership or compensation change).
Added in current filing · verify on EDGAR →
The Company’s press release regarding the matter described in Item 5.02 above is attached hereto as Exhibit 99.1.
Perrigo furnished a press release under Regulation FD related to an Item 5.02 event. Item 5.02 typically covers departures or appointments of directors/officers, or compensatory arrangements. The actual details are in the press release exhibit, which is not included in this excerpt. This is a procedural disclosure indicating public communication of a leadership or compensation matter.
Event · Item 9.01 — Financial Statements and Exhibits
Perrigo filed an 8-K to furnish a press release issued June 8, 2026; no material business event disclosed in the filing body.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Press Release issued by Perrigo Company plc on June 8, 2026 furnished solely pursuant to Item 7.01 of Form 8-K.
Perrigo furnished a press release dated June 8, 2026 under Item 7.01. The 8-K body does not disclose the content of the press release, only that it was issued and attached as Exhibit 99.1. Item 7.01 filings are typically for routine disclosures not required under other 8-K items.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 9, 2026 · How we verify