Thursday, December 16, 2010

2 in Race to Lead Johnson & Johnson | Ocala.com

The company said in a statement on Wednesday morning that it was promoting Alex Gorsky, 50, the worldwide chairman of the company’s medical device and diagnostics group, and Sheri S. McCoy, 52, the worldwide chairwoman of the pharmaceuticals group, to vice chairman and vice chairwoman of the executive committee. In their new positions, effective Jan. 3, they will join Mr. Weldon, in expanded roles as junior partners.

Some industry observers have criticized Mr. Weldon’s handling of the problems and the ensuing public relations fallout. They have said the chief executive acted too slowly to rectify quality control problems at McNeil and, more generally, was too slow to put a succession plan in place. But a company spokeswoman said in an e-mail that Mr. Weldon “has no plans to retire.”

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