WASHINGTON (AP) -- Health care giant Johnson & Johnson raised Chief Executive William Weldon's salary but cut his annual bonus for 2010, after two years of revenue declines and an unprecedented string of recalls involving Tylenol and other household medicines.The New Brunswick, N.J.-based company set Weldon's salary at $1.92 million effective Jan 1, up 3 percent from $1.86 million in the previous year. The company disclosed the pay raise Friday in a Securities & Exchange Commission filing.
Friday, February 25, 2011
Worth every penny! J&J Will Pay CEO $1.9 Million Salary
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