Who is Paula A. Johnson and what is her background?

Paula A. Johnson is the Chairman and Chief Executive Officer of Honeywell, a large, diversified technology and manufacturing company. Her appointment to Johnson & Johnson's Board brings extensive executive leadership and industry experience.

How will Ms. Johnson be compensated for her role as a director?

As a non-employee Director, Ms. Johnson will receive compensation as detailed in the 'Director Compensation' section of Johnson & Johnson's 2023 Proxy Statement.

Is this appointment related to any financial performance changes?

This filing (8-K) solely concerns the appointment of a new director. It does not provide information on recent financial performance or results, which would typically be disclosed in other SEC filings like a 10-Q or 10-K, or through separate earnings releases.

JNJ 8-K: Leadership Changes

Q: What committee will Ms. Johnson be a part of?

Ms. Johnson will be a member of the Board's Nominating & Corporate Governance Committee, effective April 27, 2023.

Summary

Johnson & Johnson (JNJ) announced a significant addition to its Board of Directors with the appointment of Paula A. Johnson, Chairman and CEO of Honeywell. This move brings a seasoned executive with extensive leadership experience to JNJ's governance structure. Ms. Johnson's appointment is effective immediately, and she will also serve on the Board's Nominating & Corporate Governance Committee starting April 27, 2023. Her expertise is expected to contribute to the strategic direction and oversight of the company.

Key Highlights

1Appointment of Paula A. Johnson, Chairman and CEO of Honeywell, to the Board of Directors.
2Ms. Johnson's appointment is effective immediately.
3Ms. Johnson will serve on the Nominating & Corporate Governance Committee starting April 27, 2023.
4This appointment adds significant leadership and industry experience to JNJ's Board.
5Compensation for Ms. Johnson as a non-employee Director will follow standard practices outlined in the 2023 Proxy Statement.

JOHNSON & JOHNSON 8-K Report, Executive Changes (Feb 14, 2023)

Summary

Key Highlights

Frequently Asked Questions