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Johnson & Johnson Names New CEO

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Johnson & Johnson Names New CEO

Business

Johnson & Johnson Names New CEO

Johnson & Johnson Names New CEO

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  • <iframe src="https://www.npr.org/player/embed/147247315/147247304" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Johnson and Johnson has been struggling with lawsuits and product recall issues — most recently it was bottles of infant Tylenol. Current CEO William Weldon plans to retire in April. His replacement will be Alex Gorsky, a Johnson & Johnson executive who has dealt with its supply-chains.

RENEE MONTAGNE, HOST:

NPR's business news starts with a new CEO for Johnson & Johnson.

(SOUNDBITE OF MUSIC)

MONTAGNE: Johnson & Johnson has been struggling with lawsuits and product recall issues - most recently with a half million bottles of infant Tylenol. The current CEO William Weldon plans to retire in April. His replacement will be Alex Gorsky, who knows Johnson & Johnson's problems well. Gorsky is an executive at the company who has dealt with its supply chains.

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