Johnson & Johnson Names New CEO

Feb 22, 2012
Originally published on February 22, 2012 8:49 am
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RENEE MONTAGNE, HOST:

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

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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. Transcript provided by NPR, Copyright NPR.