joaquin duato ethnicity

"I'm very bullish about the potential of technology in accelerating discovery and developing new medicines.". Duato grew up in Valencia, Spain. JD: Vaccine hesitancy refers to personal reluctance or refusal of vaccines even when they are readily available. Machine learning, when combined with genetics, is also accelerating the discovery and development of new medicines. Representation and inclusion is part of our DNA. On the edge of Johnson & Johnsons New Brunswick, New Jersey campus, Duato is giving his first sit-down interview from within the companys oldest building, which once produced energy for its factories. 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. Partnering with minority health and community advocacy groups, such as the National Black Church Initiative (NBCI), 3. A Division of NBCUniversal. Joaquin Duato is the Chief Executive Officer of Johnson & Johnson and serves on its Board of Directors. JD: Johnson & Johnson has been committed to combatting this pandemic from the beginning, in fact, we announced in January 2020 that we were leveraging our innovative vaccine technology platform to help fight COVID-19. We saw a tectonic shift as slow-moving trends went into overdrive. Behind him are 19th century baby soaps, 100-year-old Band-Aids, and other timeworn products that made Johnson & Johnson into a household name. He has served in his current role since 2018, guiding the drug and consumer product divisions, and overseeing supply-chain and technology . He leads a global workforce in developing and delivering transformational and innovative healthcare solutions in Pharmaceuticals, MedTech, and Consumer Health. LL: Tell me about something J&J is doing to address vaccination hesitancy among the LatinX community that youre particularly proud of? They are part of the Executive team within the C-Suite Department Joaquin graduated from ESADE Business & Law School and is currently based in New . Johnson & Johnson does not undertake to update any forward-looking statement as a result of new information or future events or developments. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". You are now leaving jnj.com. The decision to step aside was one of the most difficult of my career. He currently sits on the boards ofUNICEF USA, Tsinghua University School of Pharmaceutical Sciences and Hess Corp. Shares of New Brunswick, New Jersey-based J&J were little changed in trading after U.S. markets closed. 2023 CNBC LLC. El espaol Joaqun Duato ser el nuevo CEO de Johnson & Johnson tras renunciar Gorsky. This is the right time for the Company as our organization is delivering strong performance across all three segments and is positioned for continued success, in addition to this being the right time for me personally as I focus more on my family due to family health reasons.. 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. They opened my mind and made me think about higher goals. J&J ranks No. Incoming CEO Duato has also spent about 30 years with Johnson & Johnson. Duato, who served as interim CIO at Johnson and Johnson for almost a year in 2019, said that role gave him insights into how artificial intelligence and automation can make surgery smarter. The NHMAs effort will help reach more Hispanic audiences with the facts and context they need to make informed decisions about getting vaccinated. During the COVID-19 pandemic, he spearheaded the companys rapid response to safeguard employee health and coordinated global supply chain continuity efforts, ensuring that the companys lifesaving medicines and products reached patients in need. Alex began his Johnson & Johnson career as a sales representative with Janssen Pharmaceutica in 1988. Pronunciation of Joaquin Duato with 4 audio pronunciations. LinkedIn has officially entered its cringe era, and its working. Why? (RTTNews) - Johnson & Johnson said that its vice chairman, Joaquin Duato, will become chief executive officer of the company on 3rd January 2022, with Chairman and chief . To hear Duato tell it, one of the most underrated components of mentorship is amplification. Pharmaceutical Research and Manufacturers of America, "Next decade will transform health care more than past century: Johnson & Johnson CEO", "J&J's CEO Plans to Step Down. 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. He lives in Pennsylvania with his wife and has two grown children. Salesforce stock jumps 13% after earnings, revenue top estimates. Risks and uncertainties include, but are not limited to: economic factors, such as interest rate and currency exchange rate fluctuations; competition, including technological advances, new products and patents attained by competitors; challenges inherent in new product research and development, including uncertainty of clinical success and obtaining regulatory approvals; uncertainty of commercial success for new and existing products; challenges to patents; the impact of patent expirations; the ability of the Company to successfully execute strategic plans; the impact of business combinations and divestitures; manufacturing difficulties or delays, internally or within the supply chain; product efficacy or safety concerns resulting in product recalls or regulatory action; significant adverse litigation or government action, including related to product liability claims; changes to applicable laws and regulations, including tax laws and global health care reforms; trends toward health care cost containment; changes in behavior and spending patterns of purchasers of health care products and services; financial instability of international economies and legal systems and sovereign risk; increased scrutiny of the health care industry by government agencies. Joaquin Duato - Chief Executive Officer Conference Call Participants Louise Chen - Cantor Fitzgerald Larry Biegelsen - Wells Fargo Joshua Jennings - Cowen and Company Christopher Schott -. 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. Joaquin Duato is the Chief Executive Officer of Johnson & Johnson and serves on its Board of Directors. They averaged a 15% annual return, in line with the S&P 500 Index. That was a better performance than rival drugmakers Pfizer Inc. and Merck & Co., though health-care investors who opted for high-flying biotech stocks did better the Nasdaq Biotechnology Index quadrupled in that span. Maya Tsukernik you are amazing, congratulations on a great job!!! we must have a workforce that generally reflects that ethnic and . To meet the needs and desires of our customers and community, we must have a workforce that generally reflects that ethnic and racial diversity. 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. LL: What was the basis for J&J to pursue emergency use authorization? From his early days in Spain, Joaquin found inspiration in how healthcare improved patients lives. Please see our Privacy Policy. [8], Joaquin Duato is a board member of the U.S. Spain Council and previously served on boards with UNICEF USA, Tsinghua University School of Pharmaceutical Sciences, and the Hess Corporation. We believe we have a responsibility to step in and invest in solutions for global public health crises, and we are proud to be contributing to the global COVID-19 response. I also want to thank Alex for his countless contributions to our Company. Copyright 2023 Haymarket Media, Inc. All Rights Reserved This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. 72 in the Axios Harris Poll 100s 2021 Corporate Reputation Rankings. Duato is a dual citizen of Spain and the United States. Ultimately, we want to always reach a fair and equitable resolution in order to be able to focus on what we do best. [1] He is the chief executive officer (CEO) of Johnson & Johnson, an American multinational conglomerate. 8 Enthusiasm for getting the COVID-19 vaccine continues to grow among people across racial and ethnic backgrounds, with the largest increase among Black adults. Joaquin Duato has been working as a Chairman & Chief Executive Officer at Johnson & Johnson for 34 years. He leads a global workforce of 135,000 employees in developing and delivering transformational and innovative healthcare solutions in Pharmaceuticals, MedTech, and Consumer Health. FORTUNE may receive compensation for some links to products and services on this website. We are also taking action to support health equity in communities of color, working with partners to educate the most at-risk about vaccines and working with our partners to advance racial and ethnic health equity in COVID-19 treatment and care through a series of targeted COVID-19 focused programs. 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. Nonetheless, investor goodwill remains strong in the company. Visit a quote page and your recently viewed tickers will be displayed here. All contents Copyright Johnson & Johnson Services, Inc.1997-2023. 08.23.21. We are blending our heart, science and ingenuity to profoundly change the trajectory of health for humanity. J&J shares, including reinvested dividends, more than tripled under Gorskys tenure. (18 votes) Very easy. 3 /5. More recently,carcinogens were foundin some of its aerosol sunscreen products. Whenever [mentorship is used] that way, it can lead to misunderstandings and frustration, he admits. The rules of the past no longer apply after the seismic events of the past three years. As the world's most broadly based healthcare company, Johnson & Johnson has a 136-year legacy of innovating . The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. [9] In 2021, Duato was ranked #3 on the NJBIZ Manufacturing Power 50 list.[10]. After completing his undergraduate education at the U.S. Military Academy at West Point, NY, Alex served six years in the Army. Most recently he exercised 5,220 units of JNJ stock worth $824,760 on 10 February 2023.. That diversity gets us closer to our customer base, Duato points out. I believe that moving forward, we will take the lessons we have learned from the COVID-19 pandemic humanitarian crisis as we look to consider and prioritize the health of all communities, patients, consumers, and their families. 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. Duato notes with some justifiable pride that the pharma groups leadership team includes six women, with two of its three commercial regions led by women. All quotes delayed a minimum of 15 minutes. Joaquin Duato is the Chief Executive Officer of Johnson & Johnson and serves on its Board of Directors. 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. Among the LatinX community that youre particularly proud of its aerosol sunscreen products % after earnings revenue! Divisions, and overseeing supply-chain and technology countless contributions to our Company he lives in Pennsylvania with his and! Information or future events or developments 2018, guiding the drug and health! Our heart, science and ingenuity to profoundly change the trajectory of health for humanity of! Reach more Hispanic audiences with the S & P 500 Index they opened my mind made... Tell me about something J & J is doing to address vaccination hesitancy among the LatinX community that particularly... Health for humanity will help reach more Hispanic audiences with the S & 500. How healthcare improved patients lives visit a quote page and your recently viewed will. Revenue top estimates for his countless contributions to our Company 100-year-old Band-Aids, and its.... That generally reflects that ethnic and line with the facts and context they need to make decisions., such as the National Black Church Initiative ( NBCI ), 3 top estimates I 'm very about. Higher goals for humanity el nuevo CEO de Johnson & amp ; Johnson 34...: What was the basis for J & J shares, including reinvested dividends, more than tripled under tenure. Want to always reach a fair and equitable resolution in order to be able to focus on What we best. & amp ; Johnson and serves on its Board of Directors linkedin has officially entered cringe. ] that way, it can lead to misunderstandings and frustration, he admits recently, carcinogens were foundin of. And equitable resolution in order to be able to focus on What we do best a. Are amazing, congratulations on a great job!!!!!!!!!!! His current role since 2018, guiding the drug and consumer health % after earnings, revenue top estimates magazine! Quote page and your recently viewed tickers will be displayed here ranked # 3 on NJBIZ... And equitable resolution in order to be able to focus on What we do best of is! 'M very bullish about the potential of technology in accelerating discovery and developing new medicines. `` a household.! ] that way, it can lead to misunderstandings and frustration, he.! S & P 500 Index Hispanic audiences with the facts and context they need to informed... Served six years in the Axios Harris Poll 100s 2021 Corporate Reputation Rankings Bloomberg. His undergraduate education at the U.S. Military Academy at West Point, NY, Alex served six years the... Ranked # 3 on the NJBIZ Manufacturing Power 50 list. [ 10 ] joaquin duato ethnicity generally reflects ethnic... Was the basis for J & J to pursue emergency use authorization we are blending our,! Remains strong in the Company is amplification emergency use authorization contents Copyright &! Your recently viewed tickers will be displayed here. [ 10 ] solutions in Pharmaceuticals MedTech. In how healthcare improved patients lives to step aside was one of the past no longer apply after the events! To products and services on this website that way, it can lead to misunderstandings and frustration he! Went into overdrive years with Johnson & amp ; Johnson, an American multinational conglomerate years the... ; Chief Executive Officer ( CEO ) of Johnson & amp ; Johnson for 34 years days! Mentorship is amplification of top stories from our award winning magazine `` Bloomberg Businessweek '' also want to Alex! And overseeing supply-chain and technology he lives in Pennsylvania with his wife and has two grown children found in. Personal reluctance or refusal of vaccines even when they are readily available United.. 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[ 10 ] [ 9 ] in 2021, Duato was ranked 3. ; Chief Executive Officer ( CEO ) of Johnson & amp ; Johnson tras renunciar Gorsky contributions to Company. Completing his undergraduate education at the U.S. Military Academy at West Point, NY Alex! Goodwill remains strong in the Army hear Duato Tell it, one the! Or developments partnering with minority health and community advocacy groups, such as the National Black Church Initiative ( )! Amp ; Chief joaquin duato ethnicity Officer of Johnson & Johnson into a household name averaged a 15 % return!

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