Exhibit 99.1
![LOGO](https://capedge.com/proxy/8-K/0001193125-22-146832/g323405g0510124201991.jpg)
PERRIGO ANNOUNCES PLANNED LEADERSHIP SUCCESSION
Mr. Eduardo G. Bezerra named EVP, Chief Financial Officer
Mr. Todd Kingma to retire after 19 years of service; Ms. Kyle L. Hanson to be named EVP, General Counsel and Corporate Secretary
Dublin, Ireland — May 11, 2022 — Perrigo Company plc (NYSE: PRGO), a leading provider of Consumer Self-Care products, today made two announcements regarding the planned succession of its executive leadership team. Mr. Eduardo Bezerra has been named Executive Vice President and Chief Financial Officer, effective May 16, 2022, succeeding Mr. Ray Silcock, who previously announced his intent to retire. Mr. Silcock will serve in an advisory capacity until his retirement on July 15, 2022. The Company also announced the planned retirement of Mr. Todd Kingma, Executive Vice President, General Counsel and Corporate Secretary. Ms. Kyle Hanson has been named Executive Vice President, General Counsel and Corporate Secretary effective June 1, 2022, at which point Mr. Kingma will serve in an advisory capacity until his retirement on August 31, 2022.
Perrigo President and CEO, Murray S. Kessler commented, “The appointments of Kyle and Eduardo are a key part of the next phase of Perrigo’s consumer self-care strategy. They represent the next generation of Perrigo leaders who will help ‘Optimize and Accelerate’ the newly transformed organization. They both have the passion and experience that embody ‘The Perrigo Advantage’, and I am confident that their diverse perspectives and deep experience will contribute to Perrigo’s success. By focusing on our supply chain reinvention, successfully integrating HRA Pharma, growing gross margins, driving innovation and continually improving our organization and culture, the path ahead for Perrigo is clear, and we have the leadership to make it happen.”
Mr. Eduardo Bezerra Named Chief Financial Officer
Bezerra joins Perrigo from Fresh Del Monte Produce, Inc. (NYSE: FDP), where he served as Senior Vice President and Chief Financial Officer. He previously served in multiple finance, as well commercial and strategy positions with increasing responsibility at Monsanto Company for over 20 years, before the company was acquired by Bayer AG, when he took the lead on all finance-related integration matters.
Kessler continued, “We are excited to have Eduardo join Perrigo with his extensive experience leading finance functions and growing margins at fast-moving consumer goods companies. In addition, he previously implemented global finance shared services structures, managed large integration processes, in addition to his deep international experience, having led teams across all 5 continents. I look forward to closely working with Eduardo on driving operational excellence through our Supply Chain Reinvention program and strengthening our balance sheet through working capital improvements and value-driving capital allocation.”
Mr. Bezerra said, “I am excited to join Perrigo and help the company profitably and sustainably turn its consumer self-care vision into a reality. It is a privilege to join Perrigo’s executive team and to partner with its talented finance organization, to advance the Company’s powerful strategy while building value for shareholders.”
Mr. Todd Kingma Announces Retirement
Kessler said, “On behalf of the Board of Directors and leadership team, I would like to thank Todd for his valued leadership and significant contributions over his 19 years at Perrigo. Todd had considered retiring sooner, but at my and the Board’s request, he agreed to stay until the major uncertainties challenging the company were resolved. And I am proud that he did just that. Todd has been a trusted voice to me and the Board, and a key
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