People on the Move: Joaquin Duato, New CEO of Johnson & Johnson

New Brunswick, New Jersey-based multinational pharmaceutical giant Johnson & Johnson (a Fair360, formerly DiversityInc Hall of Fame company) has announced that its current Chairman and CEO Alex Gorsky will be transitioning to the new position of Executive Chairman. In his place, Joaquin Duato, the company’s current Executive Committee Vice Chairman, will become the company’s new CEO and a member of the company’s Board of Directors.

“It has been an honor and privilege to lead this company as Chairman and CEO for nearly a decade, and I am pleased to serve as Executive Chairman to help oversee Johnson & Johnson’s ongoing progress in improving the health of people and communities everywhere,” Gorsky said in a statement.

He added that he saw a “profound impact” of Johnson & Johnson’s medicines over his 30-year career with the company, which includes investment in research and development and drove global advances in healthcare over the past decade. 

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