Johnson & Johnson Fights Claims That Ex-CEO Was Paid Too Much

The Bill Weldon legacy lives on, at least in court. More than a year after Weldon retired as Johnson & Johnson ceo, a simmering dispute continues in a New Jersey federal court, where a J&J shareholder has filed a so-called derivative lawsuit that claims the healthcare giant provided a “lavish” compensation package that was not in keeping with his performance and belied the storied company credo.

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