joaquin duato ethnicity

I have the utmost confidence in Joaquin to lead Johnson & Johnson as the Companys next CEO, Gorsky said. JD: The virus does not recognize borders. [2] He is the eighth person to serve as CEO of Johnson & Johnson since it became a publicly-traded company in 1944. Data is a real-time snapshot *Data is delayed at least 15 minutes. that its current Chairman and CEO Alex Gorsky will be transitioning to the new position of Executive Chairman. Joaquin Duato is Chairman of the Board and Chief Executive Officer of Johnson & Johnson, the world's largest, most diversified healthcare products company. Moderate. 3 We also partnered closely with the US government throughout the development process to ensure we were meeting important ethical and scientific standards. Through this collaboration with member physicians, we hope to help reduce vaccine hesitancy, build vaccine confidence, and address structural and cultural barriers to COVID-19 vaccine access in Hispanic communities. Thats why for more than 135 years, we have aimed to keep people well at every age and every stage of life. He leads a global workforce in developing and delivering transformational and innovative healthcare solutions in Pharmaceuticals, MedTech, and Consumer Health. Duato, 59, will take the role effective Jan. 3 when he will also take a seat on the company's board, J&J said in a statement late Thursday. The decision to step aside was one of the most difficult of my career. In terms of manufacturing, weve forged new partnerships across the globe. In his place, Joaquin Duato, the companys current Executive Committee Vice Chairman, will become the companys new CEO and a member of the companys Board of Directors. He spent nearly a decade as executive sponsor for the African Ancestry Leadership Council employee resource group and is committed to building an inclusive workforce that reflects the patients J&J serves. Duato is committed to nurturing a diverse, equitable and inclusive workplace as J&J continues to develop medicines to transform the lives of patients around the world. He is a member of high profile boards, including the Business Council and the Business Roundtable. As CEO of the world's largest healthcare company, Joaquin leads a global workforce of 135,000 employees in developing and delivering transformational and innovative healthcare solutions in Pharmaceuticals, MedTech, and Consumer Health. J&J shares, including reinvested dividends, more than tripled under Gorskys tenure. All Rights Reserved. Terms & Conditions. Gorsky, whos been at the helm for nine years, will become executive chairman. REGISTER BELOW, Why Johnson & Johnson is splitting itself into two publicly traded companies, How AI is detecting heart attack risk and aiming to outsmart Americas No. J&J declined to make Gorsky and Duato available for comment. LL: What was the basis for J&J to pursue emergency use authorization? People on the Move: Chris Womack, CEO, Southern Company, People on the Move: CVS Names Shari Slate as SVP, Chief Diversity, Equity and Inclusion Officer, People on the Move: Tarbinlam Lafon, VP, Chief Procurement Officer, Humana, People on the Move: Alice H. Chen, Centenes Chief Health Officer, Women Executives Advice on Changing Up Workplace Demographics. [9] In 2021, Duato was ranked #3 on the NJBIZ Manufacturing Power 50 list.[10]. LL: Why is it important to have collaboration among the global public health community in times of crises? [3] In 2018 when he was promoted to Vice-Chairman of Johnson & Johnsons executive committee, he led the pharmaceuticals and consumer product divisions and oversaw supply-chain and technology operations. Very difficult. He leads a global workforce of 135,000 employees in developing and delivering . Interpersonal connections form the core of every organization in every vertical, while identifying young talent and attempting to foster it invest both the giver and recipient with a sense of purpose. The NHMAs effort will help reach more Hispanic audiences with the facts and context they need to make informed decisions about getting vaccinated. Most recently he exercised 5,220 units of JNJ stock worth $824,760 on 10 February 2023.. Anne Mulcahy, J&Js lead independent director, said the board engaged in thoughtful long-term succession planning. She described Duato as an effective and committed leader who has been critical to the companys growth. 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Recent surveys show Black and Hispanic adults are more likely to take a wait and see approach to getting a COVID-19 vaccine, but are also as likely as white adults to say they definitely will not take one. Machine learning, when combined with genetics, is also accelerating the discovery and development of new medicines. As Vice Chairman of the Executive Committee, he provides . El gigante de productos de gran consumo y farmacutico Johnson & Johnson tendr un consejero delegado espaol. Joaquin Duato Age : 59 Public asset : 51,840,419 USD Country of residence : Unknown Linked companies : Johnson & Johnson Summary Mr. Joaquin Duato is a Chairman & Chief Executive Officer at Johnson & Johnson. Over the last three decades, Alexs influence has truly shaped the global healthcare landscape and improved billions of lives, said Anne Mulcahy, Lead Independent Director. El espaol Joaqun Duato ser el nuevo CEO de Johnson & Johnson tras renunciar Gorsky. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Johnson & Johnson. Aug 19 (Reuters) - Johnson & Johnson (JNJ.N) on Thursday appointed Joaquin Duato as chief executive officer to replace veteran Alex Gorsky to steer the healthcare conglomerate through the. That is why I believe. From 2018, he added responsibilities for the company's consumer business,. Gorsky also led Johnson & Johnsons purchase of Actelion, the largest in J&J history, which significantly expanded Johnson & Johnsons portfolio of rare-disease treatments. Johnson & Johnson served as a presenting sponsor for fundraising events UNICEF Changemaker 2020, where the above segment first aired, and UNICEF Snowflake Ball 2019. (Podcast). A further list and descriptions of these risks, uncertainties and other factors can be found in Johnson & Johnson's Annual Report on Form 10-K for the fiscal year ended January 2, 2022, including in the sections captioned Cautionary Note Regarding Forward-Looking Statements and Item 1A. Any forward-looking statement made in this release speaks only as of the date of this release. All Rights Reserved. The largest trade he's ever made was exercising 148,538 units of Johnson & Johnson stock on 17 January 2023 worth over $10,774,947. The pharma unit Duato leads generated $33.5 billion in sales last year, growing 7.5% (compared with 4% growth for Johnson & Johnson overall). Duato has dual citizenship between the U.S. and Spain, and is involved with boards such as UNICEF USA, Tsinghua University School of Pharmaceutical Sciences and the Hess Corporation, is past. Pharma relies on people who come from a scientific background, but historically within STEM [science, technology, engineering, and mathematics], youve seen more men, he says. Contact Us with any questions or search this site for more information. He leads a global workforce in developing and delivering transformational and innovative healthcare solutions in Pharmaceuticals, MedTech, and Consumer Health. You are now leaving jnj.com. In March, the two executives clinched a deal in which Merck would manufacture J&Js Covid-19 vaccine. Duato grew up in Valencia, Spain. The site youre being redirected to is a branded pharmaceutical website. LinkedIn has officially entered its cringe era, and its working. Please click below to continue to that site. Gorsky also started his J&J career over three decades ago as a sales representative with Janssen Pharmaceuticals in 1988, and had been at the helm of the company for nearly a decade. May 8, 2017 1:35 pm Photo credit: Matt Greenslade You don't have to try too hard to make a human case for mentoring. The vaccine technology platform was designed to help the global health community better prepare for and combat life threatening infectious disease outbreaks and aided in the accelerated development of vaccines. Joaquin Duato is surrounded by relics of the past. by Joaquin Duato, vice chairman of the executive committee, Johnson & Johnson Editor's note: These views and opinions do not reflect those of Deloitte or its personnel. The site youre being redirected to is a branded pharmaceutical website. Prior to that time, he held senior leadership positions over his 30-plus year career with the Company across multiple business sectors, geographics and functions. The estimated Net Worth of Jennifer L Taubert is at least $42.8 Million dollars as of 22 November 2022. Joaquin Duato - Chief Executive Officer Conference Call Participants Louise Chen - Cantor Fitzgerald Larry Biegelsen - Wells Fargo Joshua Jennings - Cowen and Company Christopher Schott -. Mr. Duato originally joined the Company in 1989. He earned his MBA from the Wharton School of the University of Pennsylvania in 1996. See here for a complete list of exchanges and delays. Under his leadership, the companys R&D investments increased to $12 billion, increased its oncology business by $10 billion and solidified its role as a leader in the vaccination world with its single-shot COVID-19 vaccine. He earned an MBA from ESADE in Barcelona, Spain, and a Master of International Management from Thunderbird School of Global Management in Phoenix, Arizona. Ultimately, we want to always reach a fair and equitable resolution in order to be able to focus on what we do best. He added that he saw a profound impact of Johnson & Johnsons medicines over his 30-year career with the company, which includes investment in research and development and drove global advances in healthcare over the past decade. This passion stems from his belief that the healthcare industry must undergo a digital revolution to truly change the trajectory of human health. A dual citizen of Spain and the U.S, Duato has been lauded internally for helming J&Js drug business from 2009 to 2011 pivotal years for the pipeline helping the pharmaceutical unit become the powerhouse that it is today. Duato, the current vice chairman of the executive committee, will take the reins and a seat on the board from Jan. 3. For a global organization like ours, its essential to be a diverse company in gender, ethnicity, geographic origin, educational background, and more. Beginning early last year, we initiated a multipronged response to the COVID-19 pandemic, which includes developing a vaccine, and providing support to those most in need. Now vice chairman of the executive committee, Duato will take the reins effective Jan. 3 and take a seat on the companys board, J&J said in a statement late Thursday. We dont just talk about it, he says. Duato is the only major health industry CEO who has served as chief information officer. El nuevo consejero delegado de la multinacional es hermano de la actriz Ana Duato y primo del bailarn y coregrafo Nacho Duato. The healthcare conglomerate is in the middle of the biggest shake-up in its 135-year history, spinning off its consumer health business under the name Kenvue. Analysts Expect a Smooth Transition", "The Architect of J&J's Breakup Bets on Tech for the Future of Drugs", "A Look Inside J&J's Partnering & Innovation-Building Model", "J&J CEO Steps Down, Taps Successor Joaquin Duato", "J&J's New Insider CEO Brings Expertise From Crucial Pharma Post", "Johnson & Johnson adds vice chairman to leadership", "J&J's new CEO Joaquin Duato: What to know", "J&J's Joaquin Duato: Diversity is 'essential', "Presenting the 2021 Manufacturing Power 50", Johnson & Johnson Pharmaceutical Research and Development, 2010 Johnson & Johnson children's product recall, Dr. Paul Janssen Award for Biomedical Research, Global Health Innovative Technology Fund (GHIT), Steve Patterson Award for Excellence in Sports Philanthropy, https://en.wikipedia.org/w/index.php?title=Joaquin_Duato&oldid=1125964304, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 6 December 2022, at 20:42. Nov 30 (Reuters) - Johnson & Johnson (JNJ.N)said on Wednesday its board has elected Chief Executive Officer Joaquin Duato to take on the additional role of Chairman, effective in January. On this Wikipedia the language links are at the top of the page across from the article title. From his early days in Spain, Joaquin found inspiration in how healthcare improved patients lives. Along with its drugs unit, its medical devices and consumer products divisions have rebounded sharply from the pandemic. We are blending our heart, science and ingenuity to profoundly change the trajectory of health for humanity. JD: With our ENSEMBLE COVID-19 vaccine clinical trial, we employed intentional focus and purposeful tracking in the clinical trial design and experience, which allowed us to achieve our enrollment targets within populations disproportionately affected by the COVID-19 pandemic. Overall, these circumstances have redoubled our efforts - and the efforts of our peers to tackle these healthcare challenges. Dow Inc and private company X-energy said on Wednesday they have agreed to develop and demonstrate the first grid-scale next-generation nuclear reactor for an industrial site in North America. Before becoming CEO in 2022, Joaquin served as Vice Chairman of the Executive Committee, where he provided strategic direction for the Pharmaceuticals and Consumer Health sectors and oversaw both Information Technology and the Global Supply Chain. About Joaquin Duato Mr. Duato's 30-plus year career at Johnson & Johnson has spanned multiple business sectors, geographies and functions. We saw a tectonic shift as slow-moving trends went into overdrive. Inclusion is an integral part of how we will achieve the goals set forth in our Race for Health Equity. "Joaquin Duato has a phenomenal track record of developing and promoting female leaders and HBA is extremely proud to honor him as our 2017 Honorable Mentor," said HBA CEO Laurie Cooke. Tylenol and Motrin are both over-the-counter medicines that are commonly used to relieve pain and reduce fevers. "Joaquin truly supports the advancement and impact of women in the business of healthcare. These statements are based on current expectations of future events. 1 killer, Why Delta Air Lines' health chief thinks the airplane mask mandate will soon be lifted, Walgreens turns to robots to fill prescriptions, as pharmacists take on more responsibilities. Duato, 59, is a three-decade veteran of J&J, as is Gorsky. I try to amplify those strengths in our time together, rather than minimize shortcomings, he explains. Alex Gorsky will step down as chief executive of Johnson & Johnson in January, ceding the role to longtime company executive Joaquin Duato, the health care giant announced Thursday. Jan 26, 2023 11:12am. As he takes the reins, he'll need to convince skeptics on Wall Street his pursuit of tech-industry luster goes far enough. [2] He is the eighth person to serve as CEO of Johnson & Johnson since it became a publicly-traded company in 1944. Previously, Joaquin served as the Vice Chairman of the . New compounds can be measured against a single cell to more rapidly identify pharmacological activity, such as expected toxicities, and accelerate the development of new medicines. Joaquin Duato is best known for driving the transformation of Johnson & Johnson's Pharmaceutical sector into a global powerhouse by refocusing strategy and investment around core therapeutic areas with the greatest potential for business growth and impact on human health. Macleods issues third recall in span of 1 year, this time for labeling issues. J&J veteran Duato replaced Gorsky as CEO earlier this year after holding a variety of roles during his more than 30 years at the company. Over our more than 25 years of working together, he has always demonstrated a passion for solving complex medical and business challenges. Were only able to tackle this problem at home if we address it worldwide. LL: What is Johnson & Johnson doing to combat COVID-19 beyond vaccine development? Yet Duato plotted to rid itof itsconsumer-products legacy. La farmacutica estadounidense Johnson & Johnson (J&J) anunci . We have to mentor and encourage the people who are here., From the May 01, 2017 Issue of MM+M - Medical Marketing and Media. J&J veteran Duato replaced Gorsky as CEO earlier this year after . Doctors, nurses, and health care providers are seen as the most trusted voice people turn to when deciding if they should get a COVID-19 vaccine. "All of them are providing significant improvements in the standard of care, and at the same time, all of them with more than a billion-dollar potential," he said. After returning to the pharma group in 2009, he ascended into his current position in 2011. Johnson & Johnson Location 1 Johnson & Johnson Plaza, New Brunswick, New Jersey, 08933, United States Description Read More [6][7], Duato was the executive sponsor of the company's African Ancestry Leadership Council. New Brunswick, New Jersey-based multinational pharmaceutical giant Johnson & Johnson (a DiversityInc Hall of Fame company) has announced that its current Chairman and CEO Alex Gorsky will be transitioning to the new position of Executive Chairman. Representation and inclusion is part of our DNA. Gorsky, who started at the health-care company in 1988 as a sales representative, became its seventh CEO in 2012. The shot is still seen as important to fighting the pandemic, and J&J is working to ramp up supply through the end of the year. Ms. Taubert owns over 76,923 units of Johnson & Johnson stock worth over $35,709,285 and over the last 4 years she sold JNJ stock worth over $0. Duato is a dual citizen of Spain and the United States. Joaquin has many family members and associates who include Robert Silverstein, Michelle Savini, Christopher Hedin, Karen Rauchbach and Michael Stappas. In his current role, he provides strategic direction for the Pharmaceutical and Consumer Health sectors (a $60 billion portfolio) and oversees the Global Supply Chain, Technology and Health & Wellness teams. As slow-moving trends went into overdrive effort will help reach more Hispanic audiences with facts... Snapshot * data is delayed at least 15 minutes bailarn y coregrafo Nacho Duato development... Just talk about it, he ascended into his current position in 2011 is Johnson Johnson! Gorsky said are commonly used to relieve pain and reduce fevers to convince skeptics on Wall Street his pursuit tech-industry. A member of high profile boards, including the business of healthcare returning to new. Seat on the NJBIZ manufacturing Power 50 list. 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