Perrigo CEO out over ‘personal conduct’ allegations

Perrigo's most recent Code of Conduct is 47 pages long, well-stocked with imagery, and dated September, 2025.

Now-resigned CEO Lockwood-Taylor features prominently.

https://www.woodtv.com/news/grand-rapids/perrigo-ceo-out-over-personal-conduct-allegations/

Perrigo CEO out over ‘personal conduct’ allegations

Katherine Connolly    |    Jun 8, 2026

GRAND RAPIDS, Mich. (WOOD) — The CEO of Perrigo resigned Monday in a surprise move the Grand Rapids-headquartered healthcare company attributed to “personal conduct” issues.

Patrick Lockwood-Taylor resigned as president and CEO of the health and wellness company effective immediately Monday following allegations of misconduct, according to a release. The conduct was not directly related to Perrigo’s business, operations or financial reporting, the company said.

“This resignation follows a determination by the Board of Directors that certain personal conduct by Mr. Lockwood-Taylor was not consistent with the Company’s Code of Conduct and core values,” Perrigo said in a statement.

The company announced that Albert A. Manzone, who has served on the board since 2022, was appointed to fill the position while the board searches for a permanent replacement.

“Perrigo’s core values are foundational to how we operate, and the Board expects all colleagues — especially our senior leaders — to uphold those standards at all times,” Chair of Perrigo’s Board of Directors Orlando Ashford said in a statement. “The Board acted decisively and has full confidence in Albert, who brings more than 30 years of global leadership experience and a proven track record of transforming businesses at inflection points and creating value as well as deep knowledge of our business, people, and self-care platform.”

Lockwood-Taylor, the former president of international healthcare company Bayer’s U.S. arm, joined Perrigo as CEO in June 2023. According to Crain’s Grand Rapids Business, he signed a three-year contract extension in February 2025 that guaranteed him nearly $3 million per year in pay and a move to the company’s New Jersey offices.