Friday, April 27, 2012

Executives reassure shareholders over Johnson & Johnson quality issues | Green Bay Press Gazette


NEW BRUNSWICK, N.J. — Johnson & Johnson shareholders, upset over the health giant’s battered image amid unprecedented product recalls and ethical lapses, peppered its new CEO with questions and criticism during J&J’s annual meeting Thursday.

Others among the 1,800 J&J retirees and other shareholders attending raised concerns over serious side effects of some J&J prescription medicines.

Outgoing CEO Bill Weldon, stepping down after a decade, and successor Alex Gorsky tried to reassure the audience that the company is resolving its quality problems and focused on helping patients.

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