01—Abstract
Summary
Summary of the 8-K filed February 12, 2026. Cited figures are marked; the original filing is the authoritative source.
Kenvue Inc. filed this Form 8-K on February 12, 2026 under Item 5.02 (Departure of Directors or Certain Officers; Compensatory Arrangements of Certain Officers) to report that Chief Financial Officer Amit Banati notified the company on February 10 that he will step down, effective May 12, 2026, to pursue an opportunity to serve as chief executive officer of another company.
The filing states that before Mr. Banati's departure, the company intends to appoint a successor who will serve as principal financial officer on an interim basis, citing the company's pending transaction with Kimberly-Clark Corporation as the reason for the interim structure. Over the next three months, Mr. Banati will work with the company's leadership team, including the financial and accounting teams, on transition matters.
The filing identifies the risk that the transition of Mr. Banati's responsibilities to a successor could cause actual results to differ from expectations. It does not name the successor, disclose compensation terms, or provide any financial results.
02—Key points
Key Highlights
- CFO Amit Banati notified Kenvue on February 10, 2026 that he will step down, effective May 12, 2026.
- Banati is leaving to pursue an opportunity to serve as chief executive officer of another company.
- The company intends to appoint an interim successor who will serve as principal financial officer before Banati's departure.
- The interim appointment is tied to the company's pending transaction with Kimberly-Clark Corporation.
- Banati will work on transition matters with the leadership team, including financial and accounting teams, over the next three months.
- The filing flags transition risk as a factor that could cause actual results to differ from expectations.
- The filing does not name the successor or disclose compensation arrangements.
03—Questions
Frequently Asked Questions
Who is leaving Kenvue's executive team?
Amit Banati, the company's Chief Financial Officer, is stepping down. He notified the company on February 10, 2026, and his departure is effective May 12, 2026.
Why is the CFO leaving?
According to the filing, Mr. Banati is stepping down to pursue an opportunity to serve as chief executive officer of another company.
Who will serve as CFO after Banati departs?
The company intends to appoint a successor who will serve as principal financial officer on an interim basis before Banati's departure. The filing does not name this individual.
Why is the interim appointment being made?
The filing links the interim appointment to the company's pending transaction with Kimberly-Clark Corporation.
How will the transition be managed?
Over the next three months, Mr. Banati will work in close partnership with the company's leadership team, including the financial and accounting teams, on transition matters.
04—Continue