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

Stents safe for stroke prevention, study says

Placing a stent to keep a neck artery open is as effective as invasive neck surgery for long-term prevention of strokes, according to results from a European trial.

Honeywell Introduces remote patient monitor

Honeywell Introduces remote patient monitor

Honeywell has launched the HomMed Genesis DM™ v4.15, a new version of the remote patient monitor with new peripheral devices.

NKF launches interactive nutrition portal

NKF launches interactive nutrition portal

The National Kidney Foundation has debuted My Food Coach, an interactive nutrition panel meant to allow people to easily manage nutritional requirements.