joaquin duato ethnicity

Contact Us with any questions or search this site for more information. Gorsky, the . I also want to thank Alex for his countless contributions to our Company. See also:What millennialwomenexpect in the workplace, Diversity is the backbone of our overall approach and [mentoring] is a big part of encouraging that diversity, he continues. He earned an MBA from ESADE at Ramon Llull University in Barcelona, Spain. The role of Telehealth and remote working was more present than ever, and COVID-19 put the spotlight on personal and preventative health. See also:Analysis: Gender, racial diversity among CMOs shows little sign of progress. He leads a global workforce in developing and delivering transformational and innovative healthcare solutions in Pharmaceuticals, MedTech, and Consumer Health. Chairman of the Board and Chief Executive Officer. Do Not Sell or Share My Personal InformationLimit the Use of My Sensitive Personal InformationCookie Settings. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, S&P 500 Slumps to Lowest in Nearly Six Weeks: Markets Wrap, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. J&J announced in November that it is planning to split into two publicly traded companies: one focusing on consumer health, and the other housing its prescription-drug and medical-device. New Brunswick, New Jersey-based multinational pharmaceutical giant Johnson & Johnson (a DiversityInc Hall of Fame company) has announced that its current Chairman and CEO Alex Gorsky will be transitioning to the new position of Executive Chairman. Joaquin Duato, J&J CEO (Photo by Charles Sykes/Invision/AP) January 25, 2022 12:50 PM EST. Joaquin Duato, who led J&J's pharmaceuticals business before becoming a Gorsky deputy, will become chief executive and join the company's board of directors. The vaccine technology platform was designed to help the global health community better prepare for and combat life threatening infectious disease outbreaks and aided in the accelerated development of vaccines. During Joaquins career with the Company, the Board has witnessed firsthand his ability to effectively lead, collaborate, and create value for all our stakeholders. 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. Evolution in the healthcare marketing and communications space requires an agile team that is solutions oriented and sees beyond barriers with a how can it be done mindset. I try to amplify those strengths in our time together, rather than minimize shortcomings, he explains. Duato, who has also been at the company for more than three decades, is the vice-chair of J&J's executive committee. As J&J prepares to split into two companies, Duato said that separating the consumer brands like Band-Aid, Tylenol, Neutrogena and Listerine from medical technology and pharmaceuticals will help the company be at the forefront of surgical techniques that transform health care. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. He has served in his current role since 2018, guiding the drug and consumer product divisions, and overseeing supply-chain and technology operations. We have to make specific outreach to women on the STEM side. Most of all, I am humbled to lead our talented and dedicated team of 136,000 associates around the world, and I am immensely proud of how we have upheld the Companys 134-year legacy of delivering solutions to address the worlds most urgent, unmet healthcare needs, he said. All Rights Reserved. Cautions Concerning Forward-Looking StatementsThis press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Procter & Gamble Co.s David Taylor is stepping down in November, and Walt Disney Co. Chairman Bob Iger is leaving at the end of the year. JD: The Emergency Use Authorization (EUA) that we received in February 2021 was based on an independent assessment by the Food & Drug Administrations (FDA) Vaccines and Related Biological Products Advisory Committee (VRBPAC), which analyzed our topline Phase 3 ENSEMBLE trial data, and concluded that the potential benefits of the vaccine outweighed the known and potential risks. El nuevo consejero delegado de la multinacional es hermano de la actriz Ana Duato y primo del bailarn y coregrafo Nacho Duato. The consumer business is more affected by inflationary pressures and there is more concern throughout the market and economy that consumers will begin to buy "off brand" products when they have the option. Deloitte does not. If Johnson & Johnsons pharma group were a stand-alone company, it would likely rank as either the fifth- or sixth-largest pharma organization in the world. A further list and descriptions of these risks, uncertainties and other factors can be found in Johnson & Johnson's Annual Report on Form 10-K for the fiscal year ended January 2, 2022, including in the sections captioned Cautionary Note Regarding Forward-Looking Statements and Item 1A. Reducing and/or removing logistical barriers for underrepresented populations. Now vice chairman of the executive committee, Duato will take the reins effective Jan. 3 and take a seat on the companys board, J&J said in a statement late Thursday. You are now leaving jnj.com. He also took a leading role in J&J's COVID-19 response and helped shape its pharmaceutical business strategy. Continue reading your article with. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. As CEO of the world's largest healthcare company, Joaquin leads a global workforce of 135,000 employees in developing and delivering transformational and innovative healthcare solutions in Pharmaceuticals, MedTech, and Consumer Health. "I see a future in which all medical devices would be smarter, connected to the cloud, being able to provide data to the surgeons for them to be able to in real time deliver better surgical outcomes," he said. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Above all, I am excited to be leading the best team in the industry, and I am confident that we will continue to be guided by Our Credo in everything we do, he said. While Duato doesnt share specific experiences or anecdotes, he notes that being mentored was hugely important to his development as both a professional and a person and that every one of his mentors along the way happened to be women. Duato will also be appointed as a member of the company's Board of Directors. 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. Pronunciation of Joaquin Duato with 4 audio pronunciations. Get the top DEI news delivered straight to your inbox, New Brunswick, New Jersey-based multinational pharmaceutical giant Johnson & Johnson (a DiversityInc. His growth strategy led to the turnaround of Johnson & Johnsons struggling pharmaceutical business in the early 2000s. Tras 30 aos en la compaa: "La decisin ha sido una de las ms difciles de mi carrera" Your use of this website constitutes acceptance of Haymarket Medias, Close more info about J&Js Joaquin Duato: Diversity is essential, What millennialwomenexpect in the workplace, Analysis: Gender, racial diversity among CMOs shows little sign of progress, Healthcare marketers still pushing to address the gender gap. LL: Tell me about something J&J is doing to address vaccination hesitancy among the LatinX community that youre particularly proud of? Inclusion is an integral part of how we will achieve the goals set forth in our Race for Health Equity. "We are very optimistic about the treatment modalities that we are bringing, like cell therapy that are going to enable us have an aspiration to be able to cure some diseases that were thought to be incurable," he said. Johnson & Johnson announced on Thursday that its current CEO Alex Gorsky will step down from his role and Joaquin Duato will take the helm in January . Nov 30 (Reuters) - Johnson & Johnson (JNJ.N) said on Wednesday its board has elected Chief Executive Officer Joaquin Duato to take on the additional role of Chairman, effective in January.. Machine learning, when combined with genetics, is also accelerating the discovery and development of new medicines. We have to mentor and encourage the people who are here., From the May 01, 2017 Issue of MM+M - Medical Marketing and Media. 2023 Fortune Media IP Limited. Leadership Team Michael J. Nyenhuis, Chief Executive Officer and President Michael Chen, Chief Financial Officer V. Rene Cutting, Chief Philanthropy Officer Shelley Diamond, Chief Marketing Officer Michael Klompus, Chief People Officer Jess Leinwand, Chief Legal Officer and General Counsel Cristina Shapiro, President of the Impact Fund for Children Darla Silva, Chief Program Joaquin Duato: Diversity of thought and opinions in the pharmaceutical industry is critical just as it is in every business. You should view the News section and the most recent SEC Filings in the Investor section in order to receive the most current information made available by Johnson & Johnson Services, Inc. Joaquin Duato of Johnson & Johnson explains why frontline health workers are critical in delivering health for all and why children's health is a top prior. Duato is a dual citizen of Spain and the United States. Joaquin Duato at Johnson & Johnson headquarters in New Jersey. Joaquin Duato is Chairman of the Board and Chief Executive Officer of Johnson & Johnson, the worlds largest, most diversified healthcare products company. He has served in his current role since 2018, guiding the drug and consumer product divisions, and overseeing supply-chain and technology . Pharma relies on people who come from a scientific background, but historically within STEM [science, technology, engineering, and mathematics], youve seen more men, he says. [3] In 2018 when he was promoted to Vice-Chairman of Johnson & Johnsons executive committee, he led the pharmaceuticals and consumer product divisions and oversaw supply-chain and technology operations. Duato will receive the award during the Esade Alumni Annual Conference, which will take place on 27th June at Teatre Nacional de Catalunya.. Duato, who was appointed CEO in January 2022, has been selected as the winner of this year's Esade Award for his responsible . JD: We are a proud supporter of the National Hispanic Medical Association (NHMA) Vaccinate 4 All program that will train and support a cadre of physician leaders around the country to speak with local, regional and national media. (Podcast). We understand that we have a high bar and a high expectation from society overall.Yes, we have some challenges when you refer to the litigation. In his place, Joaquin Duato, the company's current Executive Committee Vice Chairman, will become the company's new CEO and a member of the . The industry leader for online information for tax, accounting and finance professionals. Mr. Joaquin Duato is a Chief Executive Officer & Director at Johnson & Johnson. Offers may be subject to change without notice. To reflect that, HCB Health has become Boundless Life Sciences Group. LL: How did J&J consider diversity in clinical trials for your COVID-19 Vaccine? All Rights Reserved. It is influenced by factors such as confidence, convenience and complacency. Joaquin Duato is the Chief Executive Officer of Johnson & Johnson and serves on its Board of Directors. He is a member of high profile boards, including the Business Council and the Business Roundtable. Duato is trilingual, speaking English, Spanish, and Italian. Duato, 59, is a three-decade veteran of J&J, as is Gorsky. Johnson & Johnson served as a presenting sponsor for fundraising events UNICEF Changemaker 2020, where the above segment first aired, and UNICEF Snowflake Ball 2019. Copies of these filings are available online at www.sec.gov, www.jnj.com or on request from Johnson & Johnson. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Joaquin Duato is the Chief Executive Officer of Johnson & Johnson and serves on its Board of Directors. As a dual citizen of Spain and the United States, his international perspective and global lens gives him a deep appreciation of diverse thoughts and opinions. 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. Duato doesnt overtly attribute Johnson & Johnsons enduring success to its organizational makeup, but he doesnt downplay its importance the same way many other pharma higher-ups do, either. 72 in the Axios Harris Poll 100s 2021 Corporate Reputation Rankings. See here for a complete list of exchanges and delays. Kenneth Frazier, Gorskys longtime counterpart at Merck, gave up his CEO role just weeks ago. All quotes delayed a minimum of 15 minutes. 4. Duato said the company is gaining share in its priority medtech platforms and expects "good" performance this year. Anne Mulcahy, J&Js lead independent director, said the board engaged in thoughtful long-term succession planning. She described Duato as an effective and committed leader who has been critical to the companys growth. At Johnson & Johnson, we respect the diversity and dignity of every individual and we must use our position to not only speak out, but to take action. As part of this, were also partnering with leading organizations on vaccine education, including the National Hispanic Medical Associations #Vaccinate4All effort. It has been an honor to work alongside each of you, and I could not think of a better leader than Joaquin to lead the Board as it helps guide the Company to even greater achievements.. In September 2020, Janssen signed the vaccine maker pledgeto promise the public that decisions around the potential use of our vaccine candidate will be based purely on science and pre-existing guidelines from health authorities around the world. Implementing tools and strategies to raise patient awareness and understanding of clinical trials to successfully enroll high percentages of underserved populations, 2. Along with its drugs unit, its medical devices and consumer products divisions have rebounded sharply from the pandemic. He added that he saw a profound impact of Johnson & Johnsons medicines over his 30-year career with the company, which includes investment in research and development and drove global advances in healthcare over the past decade. As a global company, we were already working around the world, but the pandemic pushed us to leverage our deep scientific expertise and extensive partnerships to take on this challenge. From 2018, he added responsibilities for the company's consumer business,. From his early days in Spain, Joaquin found inspiration in how healthcare improved patients lives. We are blending our heart, science and ingenuity to profoundly change the trajectory of health for humanity. Gorsky also led Johnson & Johnsons purchase of Actelion, the largest in J&J history, which significantly expanded Johnson & Johnsons portfolio of rare-disease treatments. Related: For more recent diversity and inclusion news, click here. He spent nearly a decade as executive sponsor for the African Ancestry Leadership Council employee resource group and is committed to building an inclusive workforce that reflects the patients J&J serves. Joaquin Duato is the Chief Executive Officer of Johnson & Johnson and serves on its Board of Directors. Your use of the information on this site is subject to the terms of our Legal Notice. Ms. Taubert owns over 76,923 units of Johnson & Johnson stock worth over $35,709,285 and over the last 4 years she sold JNJ stock worth over $0. LL: What do we know about vaccine hesitancy in the Latinx community? Having also served as recent chairman of the industrys most prominent trade organization, the Pharmaceutical Research and Manufacturers of America, Duato has connections across the sector. Recent surveys show Black and Hispanic adults are more likely to take a wait and see approach to getting a COVID-19 vaccine, but are also as likely as white adults to say they definitely will not take one. Poor or inadequate communication and information can negatively influence vaccination uptake and contribute to vaccine hesitancy. Interview by Mariana G. Briones Lideres Mexicanos guest editor for Latino Leaders. LL: How was Johnson & Johnson able to develop a vaccine in an accelerated timeframe while meeting ethical and scientific standards? We strive to improve access and affordability, create healthier communities, and put a healthy mind, body and environment within reach of everyone, everywhere. Johnson & Johnson JNJ has long been viewed as a bellwether stock for other health care companies, given its early slot in the earnings calendar and a business model that spans everything from hip implants to rheumatoid arthritis drugs and Band-Aids. J&J veteran Duato replaced Gorsky as CEO earlier this year after . Duato, 59, is a three-decade veteran of J&J, as is Gorsky. All contents Copyright Johnson & Johnson Services, Inc.1997-2023. LL: How do you see the healthcare industry as a whole changing due to the current pandemic? Jan 26, 2023 11:12am. His mother was a nurse, his grandfather was a pediatrician, and his grandmother a pharmacist. Ultimately, we want to always reach a fair and equitable resolution in order to be able to focus on what we do best. In his current role, he provides strategic direction for the Pharmaceutical and Consumer Health sectors and oversees the Global Supply Chain, Technology and Health & Wellness teams. Thats why its so important for us to engage in these types of conversations to help answer questions and dispel myths about vaccines. LL: What is Johnson & Johnson doing to combat COVID-19 beyond vaccine development? It's a role that builds on his 33-year career at the company, working across all business sectors and in multiple countries around the globe. Got a confidential news tip? Under his leadership, scientific expertise combined with AI and machine learning is accelerating how Johnson & Johnson confronts the most complex healthcare challenges and delivers for patients. Macleods issues third recall in span of 1 year, this time for labeling issues. At Johnson & Johnson, were mobilizing to support organizations that meet underrepresented communities where they are and engage at the grassroots level by involving respected elected representatives, trusted local and national faith leaders, community advocates, and other national and local organizations. 1, Duato told CNBC's Meg Tirrell at Healthy Returns on Wednesday, is the opportunity "to create more progress in health in this decade than we have seen in the last 100 years.". Latino Leaders: How does diversity of thought and opinions help the pharmaceutical industry? Duato, the current vice chairman of the executive committee, will take the reins and a seat on the board from Jan. 3. "I'm very bullish about the potential of technology in accelerating discovery and developing new medicines.". These statements are based on current expectations of future events. This site is governed solely by applicable U.S. laws and governmental regulations. Our Company has an unmatched healthcare platform: we are a global pharmaceutical leader with a robust pipeline of transformational and innovative medicines, our Medical Device business is at the forefront of applying cutting-edge technology to deliver physician and patient-centric products and solutions and our Consumer Health business continues to evolve its portfolio of iconic heritage brands and innovative growth brands, he said. Joaquin found inspiration in How healthcare improved patients lives U.S. and other countries than shortcomings. He leads a global workforce in developing and delivering transformational and innovative healthcare solutions in Pharmaceuticals,,., 2022 12:50 PM EST leading organizations on vaccine education, including the National Hispanic Associations. Recent diversity and inclusion news, click here the goals set forth in our time together rather... And COVID-19 put the spotlight on Personal and preventative Health guest editor Latino. 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The industry leader for online information for tax, accounting and finance professionals fair and equitable resolution in order be! Executive Officer of Johnson & amp ; J veteran Duato replaced Gorsky as CEO earlier this year in its MedTech! Of Directors experience on desktop, web and mobile consider diversity in clinical trials your. He added responsibilities for the company is gaining Share in its priority MedTech platforms and expects `` good '' this! Bailarn y coregrafo Nacho Duato this, were also partnering with leading organizations on vaccine,... Accounting and finance professionals strategies to raise patient awareness and understanding of clinical trials for your vaccine! & Johnsons struggling pharmaceutical business in the Private Securities Litigation Reform Act of 1995 who has been to... Inadequate communication and information can negatively influence vaccination uptake and contribute to vaccine hesitancy J... 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