Johnson & Johnson’s New CEO Speaks of Change

A new CEO has taken the reigns at Johnson & Johnson, and he plans major changes for the company, according to a New York Times report.

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Alex Gorsky formally became Johnson & Johnson’s CEO today, amid ongoing trouble with product recalls, manufacturing problems and government inquiries. Mr. Gorsky plans to rethink how the company develops new drugs and raise the bar on innovation, according to the report.

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