What Kenvue CEO Kirk Perry earns in a year has been revealed.
Perry was named permanent CEO of the Johnson & Johnson’s (J&J) spinoff consumer health company, Kenvue, on 2 November 2025.
He had previously served as Interim CEO of the company since 14 July 2025, and joined Kevnue after four years as a board of director’s member at US restaurant chain Chick-fil-A.
According to a document filed upon Perry’s transition to permanent CEO, his base salary was set at US$1.35m, paid bi-weekly – an increase from $1.25m when was Interim CEO.
Perry’s annual bonus target was also set at 175% of his base salary, up to an estimated $2.3m dependent on Kenvue’s Annual Performance Bonus Policy.
As CEO, Perry is also eligible for an annual grant of Long-Term Incentive (LTI) awards, consisting of either restricted stock units or shares of restricted stock.
Kenvue generally makes grants of awards to executive officers with an aggregate value of $9.2m, according to the document filed.
See how Perry’s annual salary compares to Shiseido CEO Kentaro Fujiwara, L'Oréal CEO Nicolas Hieronimus, Coty Interim CEO Markus Strobel and Estée Lauder Companies CEO Stéphane de La Faverie.
Additionally, in recognition of efforts in connection to Kimberly-Clark being set to acquire Kenvue in a $48.7bn deal, Perry is entitled to a one-time cash bonus of up to $4m as long as he remains as CEO.
This will also be based on the board’s evaluation of his performance, from the effective date through the closing of the merger.
The tie-up will see Kenvue’s health and beauty brands – such as Neutrogena, Aveeno, OGX and Listerine – sit under the same umbrella as Kimberly-Clark’s personal care brands.
Finally, Perry has been reimbursed up to $25,000 in reasonable attorneys’ fees incurred in connection with his negotiation of the CEO role offer and any related documents.
In its most recent financial results, Kenvue reported a decrease in full-year 2025 sales, despite a strong final quarter of trading.
Net sales fell by 2.1% – 2.2% on an organic basis – for the year ended 28 December 2025.
Earnings for the year were impacted by trade inventory reductions in volumes – the quantity of goods or services produced and sold – from certain Kenvue customers.
The business was also affected by low seasonal incidences, impacting its self-care division.
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