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  • Johnson and Johnson...

Johnson and Johnson names Consumer Health Business "Kenvue"

Ruchika SharmaWritten by Ruchika Sharma Published On 2022-09-29T15:30:58+05:30  |  Updated On 29 Sept 2022 3:31 PM IST
Johnson and Johnson names Consumer Health Business Kenvue
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Kenvue will become a standalone leading global consumer health company in 2023, subject to legal requirements including consultation with works councils and employee representatives, as required.

New Brunswick, N.J.: Johnson & Johnson has taken another step forward in establishing two independent, market-leading companies with the announcement of Kenvue as the name for the planned New Consumer Health Company.

Kenvue (pronounced ken·view), is inspired by two powerful ideas: "ken" – meaning knowledge, an English word primarily used in Scotland, and "vue," referencing sight. Kenvue's purpose, Realize the Extraordinary Power of Everyday Care, will guide the company's actions and long-term aspirations, from strategy to talent philosophy, and more.

Along with the name and purpose, Kenvue's visual identity represents the company's timelessness, while allowing space for its iconic brands to also have a home. The new logo centers on the "K" symbol, embodying the company's strengths – the geometry of the rectangle representing scientific precision and the round edges evoking the warmth of care. The corporate name is depicted in a distinctive logotype in a rich green. This strong, distinctive color works in harmony with the multicolored palette of the company's portfolio of well-known brands.

Kenvue will become a standalone leading global consumer health company in 2023, subject to legal requirements including consultation with works councils and employee representatives, as required. Usage of the new company logo and corporate brand identity will be effective upon completion of the planned separation.

"Unveiling the Kenvue brand is a defining moment for our stakeholders and an important part of the planned separation," said Thibaut Mongon, CEO Designate, Kenvue, the planned New Consumer Health Company. "We breathe life into some of the world's most iconic and beloved brands every day, so we harnessed that same expertise, love, and energy into developing our new corporate identity."

"We believe that daily self-care rituals add up over time and have a profound cumulative impact on your wellbeing. This is the extraordinary power of everyday care. And our work is to put that power into the hands of consumers around the world," Mongon adds.

Joaquin Duato, Chief Executive Officer of Johnson & Johnson adds, "Today's announcement is another milestone for the Consumer Health business. Kenvue is poised to thrive as a standalone company with a leading portfolio of brands consumers love and trust. I'm confident in this team and excited to see what the future holds."

The Consumer Health segment generated revenue of $14.6 billion in Full-Year 2021 and, following the planned separation, Kenvue would generate sales in over 100 countries.

Read also: Coronavirus: India supplies non-JnJ vaccine under Quad umbrella

johnson and johnsonjohnson and johnsin newsKenvuejnj
Ruchika Sharma
Ruchika Sharma

    Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

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