Kenvue Inc. Executive Compensation Details Revealed

Ticker: KVUE · Form: DEF 14A · Filed: 2024-04-10T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, DEF14A, equity-awards

TL;DR

Kenvue's exec pay details for 2023 are out - check the equity awards and pension changes.

AI Summary

Kenvue Inc. filed its DEF 14A on April 10, 2024, detailing executive compensation for the fiscal year ending December 31, 2023. The filing includes information on equity awards granted to both PEO (Principal Executive Officer) and Non-PEO members, as well as changes in pension values and service costs for these groups. Specific dollar amounts for these compensation elements are detailed within the filing.

Why It Matters

This filing provides transparency into how Kenvue Inc. compensates its top executives, which can influence investor perception and executive decision-making.

Risk Assessment

Risk Level: low — This is a routine annual filing disclosing executive compensation and does not inherently present new risks.

Key Numbers

Key Players & Entities

FAQ

What is the total reported value of equity awards granted to PEO members in 2023?

The filing indicates values for 'EquityAwardsReportedValueMember' and 'EquityAwardsGrantedDuringTheYearUnvestedMember' for PEO members, with specific dollar amounts detailed within the full document.

What was the change in pension value for Non-PEO members in 2023?

The filing includes 'ChangeInPensionValueMember' for Non-PEO members, with specific figures available in the detailed tables.

What is the SIC code for Kenvue Inc.?

Kenvue Inc.'s Standard Industrial Classification (SIC) code is 2844, for Perfumes, Cosmetics & Other Toilet Preparations.

When did Kenvue Inc. change its name from JNTL, Inc.?

The date of name change from JNTL, Inc. to Kenvue Inc. was August 25, 2022.

What is the business address of Kenvue Inc.?

Kenvue Inc.'s business address is 199 Grandview Road, Skillman, NJ 08558.

From the Filing

0001944048-24-000091.txt : 20240410 0001944048-24-000091.hdr.sgml : 20240410 20240410161158 ACCESSION NUMBER: 0001944048-24-000091 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 127 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240410 DATE AS OF CHANGE: 20240410 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Kenvue Inc. CENTRAL INDEX KEY: 0001944048 STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 881032011 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-41697 FILM NUMBER: 24835901 BUSINESS ADDRESS: STREET 1: 199 GRANDVIEW ROAD CITY: SKILLMAN STATE: NJ ZIP: 08558 BUSINESS PHONE: 908-874-1200 MAIL ADDRESS: STREET 1: 199 GRANDVIEW ROAD CITY: SKILLMAN STATE: NJ ZIP: 08558 FORMER COMPANY: FORMER CONFORMED NAME: JNTL, Inc. DATE OF NAME CHANGE: 20220825 DEF 14A 1 kvue-20240410.htm DEF 14A kvue-20240410 0001944048 DEF 14A FALSE 0001944048 2023-01-02 2023-12-31 iso4217:USD 0001944048 ecd:PeoMember kvue:EquityAwardsReportedValueMember 2023-01-02 2023-12-31 0001944048 ecd:NonPeoNeoMember kvue:EquityAwardsReportedValueMember 2023-01-02 2023-12-31 0001944048 kvue:ChangeInPensionValueMember ecd:PeoMember 2023-01-02 2023-12-31 0001944048 kvue:ChangeInPensionValueMember ecd:NonPeoNeoMember 2023-01-02 2023-12-31 0001944048 ecd:PeoMember kvue:PensionServiceCostAndAssociatedPriorServiceCostMember 2023-01-02 2023-12-31 0001944048 kvue:PensionServiceCostAndAssociatedPriorServiceCostMember ecd:NonPeoNeoMember 2023-01-02 2023-12-31 0001944048 kvue:EquityAwardsGrantedDuringTheYearUnvestedMember ecd:PeoMember 2023-01-02 2023-12-31 0001944048 kvue:EquityAwardsGrantedDuringTheYearUnvestedMember ecd:NonPeoNeoMember 2023-01-02 2023-12-31 0001944048 ecd:PeoMember kvue:EquityAwardsGrantedInPriorYearsUnvestedMember 2023-01-02 2023-12-31 0001944048 ecd:NonPeoNeoMember kvue:EquityAwardsGrantedInPriorYearsUnvestedMember 2023-01-02 2023-12-31 0001944048 ecd:PeoMember kvue:EquityAwardsGrantedDuringTheYearVestedMember 2023-01-02 2023-12-31 0001944048 ecd:NonPeoNeoMember kvue:EquityAwardsGrantedDuringTheYearVestedMember 2023-01-02 2023-12-31 0001944048 kvue:EquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2023-01-02 2023-12-31 0001944048 kvue:EquityAwardsGrantedInPriorYearsVestedMember ecd:NonPeoNeoMember 2023-01-02 2023-12-31 0001944048 ecd:PeoMember kvue:EquityAwardsThatFailedToMeetVestingConditionsMember 2023-01-02 2023-12-31 0001944048 kvue:EquityAwardsThatFailedToMeetVestingConditionsMember ecd:NonPeoNeoMember 2023-01-02 2023-12-31 0001944048 kvue:EquityAwardsValueOfDividendsAndOtherEarningsPaidAdjustmentMember ecd:PeoMember 2023-01-02 2023-12-31 0001944048 kvue:EquityAwardsValueOfDividendsAndOtherEarningsPaidAdjustmentMember ecd:NonPeoNeoMember 2023-01-02 2023-12-31 0001944048 1 2023-01-02 2023-12-31 0001944048 2 2023-01-02 2023-12-31 0001944048 3 2023-01-02 2023-12-31 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 ☑ Filed by the Registrant ☐ Filed by a Party other than the Registrant Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☑ Definitive Proxy Statement ☐ Definitive Additional Materials ☐ Soliciting Material under Rule 14a-12 Kenvue Inc. (Name of registrant as specified in its charter) (Name of person(s) filing proxy statement, if other than the registrant) Payment of Filing Fee (Check all boxes that apply): ☑ No fee required ☐ Fee paid previously with preliminary materials ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Message from our Chair of the Board Larry J. Merlo Chair, Board of Directors Kenvue Shareholders, On behalf

View on Read The Filing