JPMorgan adds former J&J chief Gorsky to board

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A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar

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July 19 (Reuters) - JPMorgan Chase & Co said on Tuesday Alex Gorsky, former chief executive officer of Johnson & Johnson (JNJ.N), has been elected as a director of the bank.

Gorsky had helped establish J&J as a major player in the rare diseases market and led the development of the healthcare giant's first single-shot COVID-19 vaccine.

As CEO, Gorsky also had to steer the company through some high-profile crises, including allegations that its Baby Powder contained cancer-causing asbestos and litigation that alleged it contributed to the opioid epidemic in the United States.

Gorsky, currently an executive chairman at J&J, had handed over the reins in January this year after almost a decade at the role.

His appointment at JPMorgan is effective immediately, the company said. He also sits on the boards of Apple Inc (AAPL.O) and IBM Corp .

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Reporting by Niket Nishant in Bengaluru; Editing by Devika Syamnath

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