CEO William Weldon’s total compensation was trimmed as the company’s total revenue declined in 2009 and 2010 and its reputation was damaged following a string of product recalls for products including DePuy’s ASR hip replacement system. Last year, Mr. Weldon received a compensation package worth $23.2 million, down from $25.6 million the previous year, according to the news report.
Read the news report about Johnson & Johnsons CEO William Weldon’s compensation.
Read other coverage about compensation:
– Stryker CEO Stephen MacMillan Rejects 2010 Pay Raise
– Zimmer Cuts More Jobs in Indiana, CEO Gets 35% Pay Increase in 2010
