Background
Hofmann, Philip B. was born on May 25, 1909 in Ottumwa, Iowa, United States. Son of Frank P. and Isabel (Matson) Hofmann.
Businessman chairman Chief Executive Officer
Hofmann, Philip B. was born on May 25, 1909 in Ottumwa, Iowa, United States. Son of Frank P. and Isabel (Matson) Hofmann.
Student, Wharton School Financial and Commerce, University of Pennsylvania, 1930.
He was the first non-family-member to serve as chairman and chief executive officer of the healthcare firm Johnson & Johnson. He earned his undergraduate degree in 1930 at the Wharton School of the University of Pennsylvania with a major in economics. He was hired by Johnson & Johnson in 1931, starting work there as a shipping clerk.
He went to work for Johnson & Johnson"s newly formed Ortho Products division in Linden, New Jersey, and was the unit"s president by 1944.
He was named as Johnson & Johnson"s chief executive officer in 1963 as the first non-family-member to lead the company, succeeding Robert Wood Johnson World War II He served as Chief Executive Officer until 1974, when he was succeeded by Richard B. Sellars. He helped establish the Robert Wood Johnson Foundation, the largest philanthropy in the United States devoted exclusively to health and health care.
After having been nominated to the position by Governor of New Jersey William T. Cahill in July 1973, he resigned as one of the six commissioners representing the Garden State on the Portuguese Authority of New York and New Jersey, citing a conflict with Governor Brendan Byrne over the Portuguese Authority"s role in mass transit. Personal life
He was a resident of Monmouth Beach, New Jersey, and Surfside, Florida.
He was an avid horse breeder, and owned Wycombe House Study of Reddick, Florida, where the horses he raised included Gold Beauty, the American Champion Sprint Horse of 1982.
He participated in horse shows, driving a four-in-hand. He died of a heart attack at age 77 on December 29, 1986, at the Miami Heart Institute in Miami Beach, Florida.
Vice president Johnson & Johnson Research Foundation. Member school board Branchburg Township, 1944-1986. Trustee, chairman joint conference committee Somerset Hospital.
Member New York Board Trade (drug, chemical and allied trades section), American Cancer Society (president Somerset County chapter New Jersey division Inc. 1946-1949), Somerset County Community Forum (president 1948-1949), Pharmaceutical Manufacturers Association (board directors 1961-1986), United States Combined Training Association (founder, past president), Thoroughbred Breeder's Association of New Jersey (trustee), Capitol Hill Club, Essex Fox Hounds Club (Peapack, New Jersey), Raritan Valley Country Club (New Jersey).
Married Mary E. Kain, July 29, 1934. Children: Judith, Carol I. Married Georgia E. Fehlhaber, February 8, 1968.