Johnson & Johnson is peeling off a consumer health business that helped it become the world's biggest health care products maker.
“We've seen a significant evolution in these markets, particularly on the consumer side,” Gorsky said, referring in part to a shift toward online shopping that accelerated during the COVID-19 pandemic. The new version of J&J also will get incoming CEO Joaquin Duato, who is slated to replace Gorsky early next year.
Pharmaceuticals and medical devices pulled in a combined $19.6 billion in revenue in the company's recently completed third quarter, which turned out better than analysts expected.A leader and name for the new consumer health company have yet to be announced. It will house brands including Neutrogena, Aveeno, and the iconic Band-Aids, which a company employee created more than 100 years ago.
Johnson... And.... Johnson... Don't thank me, just doing the Lord's work.
Yesterday’s news.
Now they will just be called Johnson...🐇
Anything like Special Agent Johnson, and Agent Johnson in Die Hard?
Each headline bringing you closer to The Onion
So it will be called Johnson
Well, I guess it saves the whole company from being sued!! So now it’s just Johnston….and Johnston
The poison division and the bandaid division
So... Johnson and Johndaughter?
Johnson and Son of John 🤔
Wait...this will prompt peculiar questions such as which Johnson will be the bigger Johnson or who has the bigger Johnson?