Last week, Institutional Shareholder Services Inc. said CEO Bill Weldon and the board have not taken sufficient action to address the company's various legal and recall issues.
"Shareholders are concerned when CEO pay levels continue to be high despite flat returns and financial metrics, and significant ongoing challenges to a company's reputation and industry leadership--as has been the case at JNJ due to product recalls and manufacturing issues," ISS wrote.
via foxbusiness.com
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