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...
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 to the company's performance, a move that aligns incentives with long-term success. His compensation peaked in 2012 at over $29 million, thanks in part to large stock awards and options that were tied to sales growth and earnings metrics. Weldon also had a diverse investment strategy, holding significant stock in ExxonMobil, which indicates his active role in the energy market alongside his healthcare commitments. Weldon's education includes a Bachelor's degree in Biology, which has been beneficial in a company focused on health. He has a reputation for navigating tough times in the healthcare landscape, emphasizing innovation and ethical values. Beyond his work at J&J, he's served on the boards of major companies, including J.P. Morgan Chase. His experience reflects a balance between business leadership and engaging with broader industry challenges.