Johnson & Johnson Sets CEO Race for Two Executives

New York Times -- After a year marked by embarrassing consumer product calls, Johnson and Johnson on Wednesday set in motion a horse race between two longtime executives to succeed William C. Weldon, 62, the chief executive and chairman. The company said in a statement on Wednesday morning that it was promoting Alex Gorsky, 50, the worldwide chairman of the company’s medical device and diagnostics group, and Sheri S. McCoy, 52, the worldwide chairwoman of the pharmaceuticals group, to vice chairman and vice chairwoman of the executive committee.
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