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William C. Weldon is notable for his long career at Johnson & Johnson, having started in 1971 and eventually becoming the CEO and Chairman from 2002 to 2012. Under his leadership, J&J emphasized a compensation strategy that linked executive pay...

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William C. Weldon

Ex-CEO of Johnson & Johnson

Education

Bachelor's degree in Biology from Quinnipiac University.

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

March 26, 1948 - 77 years ago

CEO of Johnson & Johnson for

10 years 0 months (Apr 2002 - Apr 2012)

Previous Experience

Joined Johnson & Johnson in 1971, held various positions including Vice President of Sales and Marketing for the company's IOLAB Corporation and President of Ethicon Endo-Surgery.

Holdings

See how much did William C. Weldon make over time.

William C. Weldon's investment portfolio shows significant fluctuations, especially in energy. He notably held a large stake in ExxonMobil, indicating his involvement in the sector. His wealth was considerably tied to his stock holdings at various points, reflecting the ups...

Mar 18, 2025

Total Stock Sold

$90.46M

JNJ

$90.46M

1,369,535 JNJ shares

What if they kept their stock?

If William C. Weldon didn't sell their stock, today they would have:
Extra JNJ1,369,535 shares worth $193.42M.
This is 113.83% and $102.96M more than what they got when they sold the stock.

Charitable Transactions

JNJ

129,600 shares

JNJ

Recent Charitable Transactions

JNJ

128,000 shares

JNJ

Feb 8, 2013

Charity

JNJ

1,600 shares

JNJ

Jan 10, 2011

Charity

Insider Trading

See recent insider trades of William C. Weldon.

XOM

2,500 shares

XOM

Jan 4, 2021

Received

XOM

$401.93K

XOM at $45.83/share

Mar 6, 2020

Purchase

XOM

2,500 shares

XOM

Jan 2, 2020

Received

XOM

2,500 shares

XOM

Jan 2, 2019

Received

XOM

2,500 shares

XOM

Jan 2, 2018

Received

XOM

2,500 shares

XOM

Jan 3, 2017

Received

XOM

2,500 shares

XOM

Jan 4, 2016

Received

XOM

2,500 shares

XOM

Jan 2, 2015

Received

XOM

2,500 shares

XOM

Jan 2, 2014

Received

XOM

8,000 shares

XOM

May 29, 2013

Received

Compensation History

See how much did William C. Weldon make over time.

During his time as CEO, William C. Weldon’s compensation varied significantly, with a high point in 2012 where he earned over $29 million. This included a base salary, substantial stock awards, and options that were linked directly to J&J’s performance metrics like sales growth and earnings per share. His compensation package was designed to ensure that pay was aligned with success, promoting a culture of accountability. This strategy of tying executive compensation to measurable performance reflected a broader corporate vision of sustainability and profitability. The diverse components of his pay structure highlight the importance of long-term value creation in a large corporation like J&J.

Year

2012

Total Compensation

$12.14M

Salary

$1.32M

Board Justification

The compensation philosophy emphasizes aligning executive pay with company performance, ensuring competitive compensation to attract and retain talent, and maintaining a balance between short-term and long-term incentives.

Bonus

$0.00

Board Justification

The annual performance bonus paid to Mr. Weldon for 2012 performance was calculated on a pro rata basis due to his transition from CEO to Chairman, with a 10% reduction applied for overall company performance.

Other

$3.25M

Board Justification

This includes contributions to retirement plans and other benefits that were paid out in 2012.

Restricted Stock

$7.57M(7.57M RSU)

Board Justification

The stock awards that vested in 2012 include Performance Share Units (PSUs) and Restricted Share Units (RSUs) based on performance metrics achieved during the year.

Performance Metrics

The performance metrics for determining Mr. Weldon's compensation included sales growth, net income growth, earnings per share growth, and total shareholder return.

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