J&J CEO Gorsky elected chairman, replacing Weldon
Nov 30 (Reuters) - Johnson & Johnson has named Chief Executive Alex Gorsky as the chairman of its board of directors, effective Dec. 28, replacing current chairman Bill Weldon, the company said on Friday.
Gorsky, a former vice chairman of the diversified healthcare company, became chief executive on April 26, replacing Weldon, who had served as CEO for a decade. But Weldon had retained his role as chairman, as the company continued attempts to fix manufacturing problems that have sparked recalls of Tylenol and many other over-the-counter consumer brands during the past three years.
J&J said in a release that Weldon, who has been with the company for 41 years, will retire from Johnson & Johnson in the first quarter of 2013.
- Radar showed missing plane may have turned back: Malaysia military
- Exclusive: Malaysia plane probe narrows on mid-air disintegration - source
- Missing Malaysian jet may have disintegrated in mid-air: source |
- Malaysian plane presumed crashed; questions over false IDs |
- Merkel raps Putin as Russian forces tighten grip on Crimea |