Perrigo, a leading self-care and over-the-counter health products company, has named Albert A. Manzone as interim president and CEO following the immediate resignation of Patrick Lockwood-Taylor. The board cited that Lockwood-Taylor’s personal conduct was inconsistent with the company’s Code of Conduct and core values, though it emphasized that the behavior did not affect Perrigo’s business operations, financial reporting, or strategic direction. Orlando D. Ashford, chair of the board, affirmed the decision was made decisively to uphold organizational standards.

Manzone, a board member since 2022, brings over 30 years of global leadership experience and deep familiarity with Perrigo’s operations. He has pledged to maintain continuity in strategy and support the leadership team during the transition. The company has launched a formal search for a permanent successor.

This leadership change follows recent workforce reductions, with about 7% of employees laid off in March as part of 'Project Energize,' a two-year operational enhancement program aimed at improving agility and accountability. Despite these changes, the board expressed confidence in Perrigo’s long-term outlook and commercial operating model.