Perrigo CEO Patrick Lockwood-Taylor Resigns Over Personal Misconduct
Patrick Lockwood-Taylor has resigned as president and CEO of Perrigo, an Ireland-based infant formula and health products company, due to personal misconduct that violated the company's code of conduct. The company stated the misconduct did not involve business operations, financial reporting, or strategy. Board member Albert Manzone will serve as interim CEO while the company searches for a permanent replacement.
Perrigo announced the immediate resignation of CEO Patrick Lockwood-Taylor on June 8, 2026, citing personal conduct inconsistent with the company's code of conduct and core values. The company explicitly stated that the misconduct did not involve business operations, financial reporting, strategy, or results of operations, suggesting the issue was personal rather than professional. Albert Manzone, a board member since 2022 with over 30 years of global leadership experience at companies including PepsiCo and Whole Earth Brands, will assume the interim CEO and president roles. Board Chair Orlando Ashford emphasized the company's commitment to upholding core values and expressed confidence in Manzone's ability to maintain strategic continuity. The resignation comes as Perrigo undergoes a strategic review of its infant formula business as part of its broader 'Three-S' plan focused on stabilization, streamlining, and strengthening operations.
What's missing
The specific nature of the personal misconduct that prompted Lockwood-Taylor's resignation is not disclosed in the statement, and no details about the investigation process or timeline are provided.
What different sources said
- Yahoo FinanceCenter
Perrigo CEO Patrick Lockwood-Taylor resigns over “personal misconduct”
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