A nice job, if you can leave it

Share this article:

In January, Alex Gorsky will take over as the new chairman of Johnson & Johnson. That's because William C. Weldon will be stepping down at the end of the year, according to the firm. Gorsky took Weldon's place as chief executive in April, so the move was anticipated. What many observers did not expect to see was the gaudy size of Weldon's retirement package. Weldon will be eligible for $95.1 million in deferred and long-term compensation, in addition to $48 million in pension payments, the company announced.

Share this article:

More in Products

ACO white paper geared toward post-acute providers

A new white paper focuses on what kinds of services accountable care organizations should provide in the post-acute spectrum.

Accutech Security releases wander management system

Accutech Security releases wander management system

Accutech Security has released its new ResidentGuard LS 2400 wander management system, which can be used in senior living settings.

Sharps Compliance Corp. and MedReturn, LLC launch MedSafe

Sharps Compliance Corp. and MedReturn, LLC launch MedSafe

The Sharps Compliance Corp. and MedReturn LLC have created MedSafe, a system set up to dispose of unwanted and expired medications, including controlled substances.