William C. Weldon
Chairman & CEO
JoAnn Heisen
Corporate Vice President
Chief Global Diversity Officer
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Why It's on the Top
50: Very strong Corporate Communications and excellent CEO Commitment and Human Capital propelled the industry giant on to the Top 50.
Description: Healthcare company that produces pharmaceuticals, surgical equipment, medical devices, contact lenses, skin care products, baby products and women's products.
From Chairman and CEO William C. Weldon:
"As a worldwide organization, we believe that having a diverse and inclusive workplace that reflects our ever-evolving global landscape not only is the right thing to do but also gives us a competitive business advantage."
Diversity Strengths: Chairman and CEO William C. Weldon meets regularly with employee-resource groups (only 70 percent of Top 50 CEOs do this). The board of directors is 31 percent women, compared with a Top 50 average of 19 percent. The company has unbiased retention in management, meaning retention rates for managers are level across race/ethnicity and gender. The company has mandatory diversity training for its entire work force (58 percent of Top 50 companies have this) held every month for more than a full day. The web site gets a perfect score for reflecting the Johnson & Johnson commitment to diversity. The company also has excellent work/life benefits.
Recent Diversity Success:
In 2006, Johnson & Johnson was honored by the Human Rights Campaign Foundation for its commitment to equality in the workplace.
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Top 50 Rank: 17
Industry: Healthcare, pharmaceuticals, consumer products, medical devices & diagnostics
Main Competitors: Merck, Novartis, Procter & Gamble
U.S. Headquarters: New Brunswick, N.J.
Number of U.S. Employees: approx. 54,000
Annual Revenue: $53.3 billion
% of Operations Outside U.S.: More than 250 operating companies in 57 countries
Key Personnel: William C. Weldon, chairman and CEO; JoAnn Heisen,
corporate vice president and chief global diversity officer
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