8-KExhibits & Filings

JOHNSON & JOHNSON 8-K Report, Exhibit Filing (Jun 14, 2007)

Filed June 14, 2007For Securities:JNJ

Summary

Johnson & Johnson (JNJ) filed a Form 8-K on June 13, 2007, reporting a significant addition to its Board of Directors. William D. Perez, who was then President and Chief Executive Officer of the Wm. Wrigley Jr. Company, was appointed to the Board, effective June 12, 2007. This appointment brings experienced leadership into the company's governance structure. Mr. Perez has also been assigned to key committees within the Board, specifically the Compensation & Benefits Committee and the Public Policy Advisory Committee. These assignments indicate the company's intent to leverage his expertise in executive compensation and corporate policy matters. The filing includes a press release detailing this appointment as an exhibit.

Key Highlights

  • 1Appointment of William D. Perez to the Johnson & Johnson Board of Directors.
  • 2Mr. Perez's effective date of appointment was June 12, 2007.
  • 3Mr. Perez was the President and Chief Executive Officer of the Wm. Wrigley Jr. Company at the time of appointment.
  • 4He has been appointed to the Compensation & Benefits Committee.
  • 5He has also been appointed to the Public Policy Advisory Committee.
  • 6The filing includes a press release dated June 12, 2007, as an exhibit.

Frequently Asked Questions

William D. Perez was appointed to the Johnson & Johnson Board of Directors. At the time of his appointment, he was serving as the President and Chief Executive Officer of the Wm. Wrigley Jr. Company, suggesting significant experience in corporate leadership and management within the consumer goods sector.

Mr. Perez has been appointed to two key Board committees: the Compensation & Benefits Committee and the Public Policy Advisory Committee. These roles indicate his involvement in strategic decisions regarding executive pay and the company's public policy engagements.

The addition of a seasoned executive like William D. Perez to the Board can be seen as a positive development. It suggests the company is strengthening its governance and potentially benefiting from his leadership experience, particularly in areas like compensation and public policy, which are crucial for long-term shareholder value.