Leadership & Pay ·
Perrigo Company plc reinstated its Executive Committee Severance Policy on June 29, 2026
PRGOPERRIGO Co plc
Perrigo Company plc reinstated its Executive Committee Severance Policy on June 29, 2026. The policy applies to all executive officers except the Interim CEO and any future successor. During a Transition Period starting June 7, 2026, and ending 12 months after a new CEO begins employment, executives facing qualifying terminations will receive 1.5 times their base salary and target bonus over 18 months, plus employer-paid COBRA premiums. Eligible participants also receive pro rata annual bonuses and career transition assistance, contingent upon signing release and restrictive covenant agreements. Perrigo Company plc is a consumer self-care company providing various over-the-counter health products.