Background
Weldon, William Conrad was born on November 26, 1948 in Brooklyn.
Weldon, William Conrad was born on November 26, 1948 in Brooklyn.
Bachelor of Science in Biology, Quinnipiac University, 1971.
He received a Bachelor of Arts degree in biology from Quinnipiac University in 1971. He spent his entire working life at Johnson & Johnson. He joined the company as a sales representative for the McNeil Pharameutical division in 1971 and eventually became the head of Johnson & Johnson"s Ethicon Endo-Surgery business in 1992.
He became the head of Johnson & Johnson"s pharmaceutical operations in 1998 and then became the company"s chief executive officer (Chief Executive Officer) in 2002.
As Chief Executive Officer, Weldon engineered some of the largest acquisitions in the company"s history including the purchase of Alza and Pfizer"s consumer-health product line. In 2011, The New York Times named him on its list of "The Worst C.E.O."s of 2011" for the increased number of Johnson & Johnson product recalls under his leadership.
Additionally, as of 2013, his story was a case study at the Leadership & Corporate Accountability course at Harvard Business School. In Weldon"s first full year as the company"s Chief Executive Officer, total revenues increased from $32.3 billion to $36.3 billion and Netto earnings from $5.7 billion to $6.6 billion.
In 2011, his last full year as Chief Executive Officer, revenues were $44.7 billion and Netto earnings were $9.7 billion.
Weldon retired as chairman of Johnson & Johnson on December 28, 2012, and was reported to receive $143.5 million in retirement pay. Board memberships
He also sits on the JPMorgan Chase & Company board of directors and the Quinnipiac University board of trustees.
Serves Liberty Science Center Chairman's Advisory Council. Member Sullivan Commission on Diversity in the Healthcare Workforce. Trustee Quinnipiac University.
Married Barbara Weldon. 2 children.