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Kenvue CEO Thibaut Mongon at the New York Stock Exchange for its initial public offering, May 4, 2023.
Source: NYSE
Kenvue settled its proxy fight with activist Starboard Value, sources tell CNBC’s David Faber.
Starboard’s Jeff Smith will join the board of the Johnson & Johnson spinoff, along with two new independent directors not affiliated with the activist, sources said.
