- Kenvue Inc. (KVUE, Financial) appoints Amit Banati as Chief Financial Officer, effective May 12, 2025.
- Banati brings over 30 years of experience from companies like Kellanova, Kraft Foods, and Procter & Gamble.
- Paul Ruh to oversee a smooth transition before departing.
Kenvue Inc. (KVUE), a leading name in the consumer health sector, announced the appointment of Amit Banati as its new Chief Financial Officer, commencing May 12, 2025. With a career spanning over three decades, Banati succeeds Paul Ruh, who will assist in the transition process to ensure continuity and stability.
Amit Banati comes with extensive experience in strategic and financial leadership roles across major consumer product companies, including Kellanova (previously Kellogg Company), Kraft Foods (now Mondelez International), Cadbury Schweppes, and Procter & Gamble. His proven track record in driving profitable growth and overseeing international operations is expected to support Kenvue's ambitions of accelerated growth and shareholder value enhancement.
Thibaut Mongon, CEO of Kenvue, expressed confidence in Banati's capabilities, stating, "Amit is a world-class executive with a proven track record across both financial and operational roles and the ideal person to further support our efforts to work differently and move faster."
As Banati steps into his new role, he emphasized his commitment to leveraging data management, resource allocation, and business planning to drive growth across Kenvue's diverse brand portfolio, which includes household names like Aveeno, BAND-AID, and Neutrogena. He aims to focus on revenue growth, margin improvement, and financial agility.
In related news, Kenvue has released its financial results for the fiscal first quarter ending March 30, 2025. For more information, stakeholders can visit the company's investor relations page.
