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Johnson & Johnson Announces Changes to Accelerate Growth
Date:11/15/2007

extended time. "We have deeply valued Joe's counsel and steady guidance in building future opportunities for our pharmaceutical businesses," Mr. Weldon said.

Christine Poon will assume direct responsibility for the company's pharmaceutical and biological businesses and will continue as Vice Chairman of the Board of Directors. Ms. Poon's other corporate responsibilities have been reassigned to permit her to focus on the pharmaceutical and biological areas.

Johnson & Johnson's Consumer businesses are not directly impacted by today's announcements. Under the guidance of Colleen Goggins, Worldwide Chairman, Johnson & Johnson Consumer Group, the integration of the Pfizer Consumer Healthcare business continues to track ahead of the original acquisition plan.

Johnson & Johnson is the world's most comprehensive and broadly-based manufacturer of health care products, as well as a provider of related services, for the consumer, pharmaceutical, and medical devices and diagnostics markets. The more than 250 Johnson & Johnson operating companies employ approximately 120,000 men and women in 57 countries and sell products throughout the world.


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