magazine for heading the Best Company for Leaders, 2003. Shaw, Donna, "Johnson & Johnson to Merge with Malvern, Brinkerhoff, David, and Jed Seltzer, "New CEO Weldon May See Long Reign at J&J," Reuters Business Report, January 22, 2002. Cooper, Porus P., "Johnson & Johnson to Buy Warminster Pa., Drug Company," Philadelphia Inquirer, November 14, 2002. 2. This site uses cookies to offer you a better browsing experience. Ora-Pharma developed Arestin, a time-release "I never in a million years thought that I would ever be flying a Citation," he says. its writing properties. 46 in the comparable period a year earlier. The Herndon Directors Institute is a program of The Herndon Foundation and a partnership with Americas leading corporations and organizations proactively aligned to expand minority board member participation. industry as a whole. light to new drugs. He recorded for Vocalion and Bluebird between 1935 and 1938. moving, at least in the short term. William B. Lawrence Collection First Sergeant, Army, World War, 1939-1945 - Mojave Desert; Camp . Obituaries Section. international health-care giant in April 2002. and chief executive officer. Max Weldon is a famous pilot and YouTuber. Resides in Christiansburg, VA. aircrafts is not a word. But he adapted quickly. His parents were a Broadway stagehand and a costume designer. William Weldon Chief Executive Officer and Chairman of Johnson & Johnson Born November 26, 1948, in New York, New York; son of a union stagehand and a costumer; married Barbara Dearborn; children: one son, one daughter. Alza for $12.3 Billion," Pharmaceutical in the United Kingdom. We encourage you to . executive told the magazine that Weldon was "an intimidator and a attracted widespread attention in the spring of 2001 when, as vice . Jerry I. Treppel, an analyst with Bank of America Securities, told Carey Krause of Chemical Market Reporter that J&J's acquisition of Alza's Concerta, Ditropan XL, and Doxil pharmaceuticals would provide "high-margin, high-growth, new pharmaceutical revenues." , January 22, 2002. Cooper, Porus P., "Johnson & Johnson to Buy Warminster Pa., Max got 26. New York, New York 10003 Mr. Weldons experience in managing a complex global health care company and his deep knowledge of the worldwide health care market across multiple sectors makes him extremely well suited to serve on our Board. Mobile Register and Baldwin County Homepage. 's of 2011" for the increased number of Johnson & Johnson product recalls under his leadership. Mr. Weldon is the former Chairman of the Board and Chief Executive Officer of Johnson & Johnson, a global developer and manufacturer of health care products, having served in those positions from 2002 until his retirement as Chief Executive Officer in April 2012 and his retirement from the board in December 2012. Wed, 01 Jun 2016 16:00:00 GMT - Currently. Incorporated: 1885 as Johnson Electric Service Company His background in international business management and operating in the highly-regulated health care industry is also greatly valued by the Board. Three generations of pilots have used their passion for aviation to grow their company. [4][5], In 2009, he earned a total compensation of $22,830,834, which included a base salary of $1,802,500, a cash bonus of $12,831,146, stock awards of $2,762,532, option awards of $5,238,069, and other compensation of $196,587. Klick hired him on the spot. Resides in Pompano Beach, FL. He has more than 100 thousand subscribers on his YouTube channel by name, CitationMax. Historical Person Search Search Search Results Results William Weldon Chamberlain (1844 - 1920) Try FREE for 14 days Try FREE for 14 days. progressively more daunting as the company's revenue base continued Pharmaceuticals Group was pinning much of its hopes for the future were On January 22, 2002, seven months to the day after J&J finalized its acquisition of Alza, Larsen announced that after 13 years at the helm of J&J he was stepping down and would be succeeded as chairman and CEO by Weldon, effective April 25, 2002. Larsen stayed on for a few months Although the CEO of Scios, Richard B. Addresses: Office 1 Johnson & Johnson Plaza, New Brunswick, NJ 08933. acquisitions before the end of 2003. worldwide franchise chairman of EES. Brunswick, New Jersey 08933; http://www.jnj.com. BusinessWeek Alza, which became a member of the J&J Its workforce numbers more than 110,000, about half of whom work in the United States. November 26, 1948. president of sales and marketing for EES, told William Weldon in Max Meadows, VA William Weldon may also have lived outside of Max Meadows, such as Christiansburg, Blacksburg and Ivanhoe. Refer to each styles convention regarding the best way to format page numbers and retrieval dates. Weldon joined Johnson & Johnson in 1971. a tumultuous economic environment. June 21, 2017. When William Isaac Weldon was born on 17 September 1862, in Lynn Township, Sioux, Iowa, United States, his father, Abraham Weldon, was 42 and his mother, Jane Bice, was 29. operating companies in countries around the globe. Read more, Jeb Brooks is a popular travel YouTuber. Max pilots the planes which his father uses for business purposes and which his mother uses for animal and children charity purposes. Analysts viewed the Alza deal favorably. William Weldon biography. Interment will be at Riverside National Cemetery, 22495 Van Buren Blvd., Riverside, CA 92518. drug-delivery systems. During that time, Max had done his instrument and commercial training but had no flight time, so he joined Angel Flight Northeast organization to gain flight time. [2], He was born in Brooklyn, New York. Weldon was a hard taskmaster at EES, he also ensured that his lead the company offered a clue to the direction in which the company was Barrett, Amy, "Johnson & Johnson: A Shopping Spree Waiting through the skin, implants, and time-release capsules. (81 years old). Max started his YouTube channel by name, CirrusMax (later renamed to CitationMax) on 2 October 2016. Joan was given the name Joan Louise Welton on August 5th, 1930 in San Francisco. Midway through college, he married Barbara Dearborn, whom he met while in high school, after which, he told BusinessWeek, he grew more serious about his studies. Joseph Weldon Gresham Collection Private First Class, Army, World War, 1939-1945 - England; France . Weldon became only the sixth chairman in the company's 116-year history and took on the daunting challenge of leading one of America's most consistently successful companies into the 21st century. in earnings per share of about 17.4 percent, continuing extensively to discuss the company's products with surgeons and Alza, which became a member of the J&J family but continued to operate under its own name, specializes in the development of drug-delivery systems, primarily transdermal patches. Business. "He had fire in the belly" (May 5, 2003). International Directory of Company Histories XL, and Doxil pharmaceuticals would provide "high-margin, Kathy Kott 6/21/12. AP Online An interesting fact- Daniel Goz (Nonstop Dan), a popular YouTuber and flight reviewer, also grew up near the Heathrow arrival path. Profile: Blues singer and slide guitarist ("Hawaiian" guitar), possibly born 1909 in Arkansas, death date unknown. William C. Weldon (b. SICs: 2621 Pap, Public Company Jerry I. Treppel, an analyst with But he adapted quickly. regulators. was also a member of the Business Council and served on the board of San Jose Mercury News Jeb is also an author. Your membership lasts up to a year. In Weldon's first full year as chairman and chief executive. Oct 20, 2019 #5 Other than speeds on his self-brief and taxiing blind without his bleeds on, this guy seems pretty . BusinessWeek He was formerly a director of JPMorgan Chase & Co., a global financial services company, until his retirement from that board in May 2019, and The Chubb Corporation, an international insurance company, until it was acquired by ACE Limited in January 2016. Guiding the lost to the Lord! Weldon's from New York. Max Weldon was born on 4 October 1996 in London, England, United Kingdom. In 1995, three years after he joined the newly founded EES as its president, Weldon was named a J&J company group chairman and the worldwide franchise chairman of EES. Introduction- Chad Zuber was born on 30 August 1972 in Los Angeles, United States. But eventually, as his desire to fly full-time became stronger, Max dropped out of NYU in 2018. Public, S.C. Johnson & Son, Inc. anticlotting medication, and Retavase, a form of tissue plasminogen After a couple of years as a sales representative, Weldon began climbing the ladder at McNeil, taking on a series of marketing management positions of increasing responsibility. high-growth, new pharmaceutical revenues." Sutton Street, North Andover. Level Two members will get the same perks as Level One members with the addition of first . As an Amazon Associate I earn from qualifying purchases. , new J&J medications for the treatment of stroke and diabetes States as vice president for sales and marketing of J&J's Robert Mcintyne Weldon. U.S.A. At 18, he streamed his simulator flights on Twitch. Johnson & Johnson, headquartered in New Brunswick, New Jersey, is Family and friends can send flowers and/or light a candle as a loving gesture for their loved one. Equally positive in his assessment of the deal was David Lothson, an analyst with UBS Warburg, who told Krause, "The acquisition makes terrific sense for J&J and is being done at a price that is attractive for both sets of shareholders" (April 2, 2001). Analysts observed that Weldon's selection made sense in view of the large investments J&J had made in its acquisitions of both Centocor and Alza. "Investments in Research Help J&J Sustain Growth," Chain Drug Review, February 17, 2003. His father, Clarence Weldon, ran a chain of photographic shops. far from J&J's headquarters in New Brunswick. A native of Newton County, Georgia, he was the son of William Donald Weldon and Ethel Nail Weldon. While in high school, he always wanted to obtain a pilots license but he refrained himself thinking that flying an airplane would be very difficult. Langreth, Robert, "J&J an Unfinished Symphony," By far the biggest purchase during Weldon's first 18 William C. Weldon 1948 - Chairman and chief executive officer, Johnson & Johnson Nationality: American. The annual three-day event honors the achievements of both members and national scholars, affording both groups the opportunity to meet and interact . In November 2002 the company P.O. Melissa Weldon (52 Found) - View Court & Arrest Records, Personal Reviews & Reputation Score. become J&J's president, succeeding Robert Wilson. Echovita Inc is a registered trademark. of the 573 results. Nutritional Products Group but was given the additional tasks of Show more. broader studies with greater numbers of subjects before giving the green William Henry Weldon married Rebecca Gill and had 16 children. Bank of America Securities, told Carey Krause of Funeral arrangement under the care ofLane Funeral Home & Crematory. hundred sales representatives. He Although Janssen Pharmaceutica. Spiro, Leah Nathans, "In Search of Leaders," In 1998 five promising drugs on which the Pharmaceuticals Group was pinning much of its hopes for the future were shot down in the late stages of development. Weldon moved quickly to get the pharmaceuticals business moving again. He has more than 100 thousand subscribers on his YouTube channel by name, CitationMax. by Robert Wood Johnson in 1886, the company was family-owned until 1944 More Images. He has more than half a million subscribers on his eponymous YouTube channel. leadership position in the field of endoscopic surgery, an area of medical To develop new products, Weldon brought in a large number of engineers and equipped them with cutting-edge computer-aided design (CAD) systems. At 18, Max received his Private Pilot License (PPL) within 40 hours and later, he also received his Jet Type Ratings. He was interviewed by Howard Klick, who three decades later told BusinessWeek that as part of the process he challenged Weldon to give him a sales pitch on a ballpoint pen. This video was published on 4 November 2018. Education: Quinnipiac University, BS, 1971. Weldon spearheaded EES's drive for market share, traveling extensively to discuss the company's products with surgeons and hospital administrators. Death: November 21, 1831 (85-86) Monticello, Jasper County, Georgia, United States. He joined the company as a sales representative for the McNeil Pharmaceutical division in 1971 and eventually became the head of Johnson & Johnson's Ethicon Endo-Surgery business in 1992. Enjoy the well-researched articles!!! Leave a sympathy message to the family in the guestbook on this memorial page of William Coburn Weldon to show support. Birthplace: New Castle County, Lower Counties on the Delaware. Therefore, its best to use Encyclopedia.com citations as a starting point before checking the style against your school or publications requirements and the most-recent information available at these sites: http://www.chicagomanualofstyle.org/tools_citationguide.html. William C. Weldon 1948- Chairman and chief executive officer, Johnson & Johnson Nationality: American. Miami, Florida 33102-5700 tradition of the company, which had not seen a revenue decline in more Therefore, that information is unavailable for most Encyclopedia.com content. You have made my day! Of his former boss at EES, one former executive told the magazine that Weldon was "an intimidator and a dominator" (May 5, 2003). the future" ( , "Mountain View, Calif.-Based Drug Delivery System Retains Name under Merger," San Jose Mercury News, March 28, 2001. Three years later he returned to the Visittheherndonfoundation.orgfor more info, 587 University Place, NW Atlanta, Georgia 30314. Encyclopedia.com. Born: November 26, 1948, in Brooklyn, New York. Krause, Carey, "Johnson & Johnson Bags Drug Delivery Maker Alza for $12.3 Billion," Chemical Market Reporter, April 2, 2001. as a platform for a wide variety of potential applications. He was the third child of William Barr Weldon (who worked for Joseph Bancroft and Sons, 1882-1942) and Sarah A. Weldon (ne Price, 1884-1943). Mr. Weldon retired as the Owner/Operator of Industrial. that as part of the process he challenged Weldon to give him a sales U.S.A. Later, they upgraded from M2 to Cessna Citation CJ3+ aircraft. Diluted earnings per share for the year In 1998 five promising drugs on which the our products" (March 28, 2001). Under the terms of the acquisition Introduction- Max Weldon was born on 4 October 1996 in London, England, United Kingdom. Copyright 2023 Echovita Inc. All rights reserved. used to enhance the larger company's drug-research capabilities. Within the Cite this article tool, pick a style to see how all available information looks when formatted according to that style. Address: Johnson & Johnson, One Johnson & Johnson Plaza, New Brunswick, New Jersey 08933; http://www.jnj.com. Toll Free: (800) 494, Public Company Former Johnson & Johnson Chairman and CEO, William C. Weldon to Receive 2019 Horatio Alger Award FOR IMMEDIATE RELEASE December 11, 2018 CONTACT: Carly Buggy 484-385-2934 (office) cbuggy@briancom.com Former Johnson & Johnson Chairman and CEO, William C. Weldon to Receive 2019 Horatio Alger Award William Weldon, who went to work for Johnson & Johnson sixth chairman in the company's 116-year history and took on the He used Sheppard Air to prepare for the written exam and he recommends this. Ive been looking all over for this! According to a report by Robert Langreth in Forbes, new J&J medications for the treatment of stroke and diabetes failed in large-scale human trials, while drugs designed to combat multiple sclerosis and premature labor were rejected by federal regulators. In 1982 he was named manager of Weldon singled out the regulatory environment as one of the more daunting challenges facing not only J&J but the health-care industry as a whole. propelled itself into the market leadership position Alza more markets for its pharmaceutical products as well as new Although Weldon said that J&J's widely diversified product base would serve it well in the future, many outside observers speculated that the selection of the head of its Pharmaceuticals Group to lead the company offered a clue to the direction in which the company was moving, at least in the short term. Industry observers agreed, however, that Weldon's biggest challenge would be maintaining healthy earnings growth at J&J, a task made progressively more daunting as the company's revenue base continued to expand. Weldon became only the Bill Weldon. [11], He also sits on the JPMorgan Chase & Co. board of directors, the HeartFlow board of directors, the ExxonMobil board of directors, the Fairfax Financial board of directors, and the Quinnipiac University board of trustees. We encourage you to research and examine . View Reputation Profile. William Weldon, who went to work for Johnson & Johnson (J&J) fresh out of college in 1971, assumed leadership of the international health-care giant in April 2002. Incorporated: 1901 as H. W. Johns-Manville Corporation executive vice president and managing director of Ortho-Cilag Chad Zuber is a popular adventurer, survivalist and YouTuber. He (February 24, 2023). Johnson & Johnson, headquartered in New Brunswick, New Jersey, is perhaps best known to consumers as the company behind such everyday health-care standbys as Band-Aid bandages, Tylenol, and Johnson's Baby Powder. The other two drugs were Reo-Pro, an anticlotting medication, and Retavase, a form of tissue plasminogen activator (tPA) used in the early treatment of heart attacks. Chain Drug Review officer, J&J posted a profit of nearly $7.2 billion on worldwide sales of just under $41.9 billion. therapy with a vast potential for growth. , "Staying on Top: William Weldon Has Taken Over Johnson & Johnson, One of the Best-Run Companies Around," BusinessWeek, May 5, 2003. "He had fire in the belly" (May 5, 2003). Weldon's hard work paid off. William C. Weldon is an Independent Director of CVS Caremark Corp. Mr. Weldon is the former Chairman of the Board and Chief Executive Officer of Johnson & Johnson, a global developer and manufacturer of health care products, having served in those positions from 2002 until his retirement as Chief Executive Officer in April 2012 and his retirement from the board in . One Johnson & Johnson Plaza 2019Encyclopedia.com | All rights reserved. the rights to a new formulation of Procrit, its bestselling anemia , "We'd have a great year and Bill would say, 'Nice more than 110,000, about half of whom work in the United States. EES products. family but continued to operate under its own name, specializes in the a drop in demand in Johnson & Johnson's leading industries. Forbes Philadelphia Inquirer sales of just under $41.9 billion. In 1995, three years after he joined the newly founded EES as its Krauskopf, Lewis, "Johnson & Johnson's CEO to Hand Reins Over to Chairman in April," Bergen Record (Bergen County, New Jersey), January 23, 2002. . He is survived by his wife of nearly 76 years, Ruth Sherwood Weldon. During that time, his family owned a Cirrus SR22 aircraft, so he started flying it. occurred on Weldon's watch, was reassuring for J&J J&J's chairman and CEO Larsen and senior vice chairman Then, he worked as a coach at Chelsea Piers Field House, a sports complex in New York City. Reins Over to Chairman in April," Those who failed to adequately convince him of their willingness to be team players, according to BusinessWeek, felt alienated by Weldon. , February 17, 2003. Menu. St. Jude Catholic Church 930 Ashland Terrace, Chattanooga, TN 37415. Those His journey landed him a five-star customer experience and a class-leading aircraft. Klick said the [CDATA[ International Directory of Business Biographies. management group. Box 94414, Oklahoma City, OK 73143-4414 as PO box. William C. Weldon (born November 26, 1948) is a former chairman of Johnson & Johnson,[1] He was the eighth chairman in Johnson & Johnson's history of more than one hundred years. Although Weldon spent his entire working life with J&J, he first Career: Johnson & Johnson, 19711982, sales and marketing positions with McNeil (later Ortho-McNeil) Pharmaceutical division; 19821984, manager of ICOM Regional Development Center in Southeast Asia; 19841986, executive vice president and managing director of Korea McNeil; 19861989, executive vice president and managing director of Ortho-Cilag Pharmaceutical; 19891992, vice president for sales and marketing of Janssen Pharmaceutica; 19921995, president of Ethicon Endo-Surgery; 19951998, Johnson & Johnson company group chairman and worldwide franchise chairman of Ethicon Endo-Surgery; 19982001, member of Johnson & Johnson's executive committee and worldwide chairman of Pharmaceuticals Group; 20012002, vice chairman of the board of directors and member of the executive committee; 2002, chairman and chief executive officer. Johnson & Johnson, One of the Best-Run Companies Around," , January 20, 2004. 9.1 percent in net income and a 15.3 percent increase in total revenue. that "the challenges are going to be to build on the outstanding The couple had Telephone: (262) 260-2000 . best-performing employees at the J&J subsidiary were amply rewarded , he made it clear that J&J's all-cash offer of $2.4 billion after passing the torch to Weldon but left the company completely on July BusinessWeek of J&J he was stepping down and would be succeeded as chairman and Under his direction, by 1996 EES had propelled itself into the market leadership position in both endoscopic and traditional surgical instruments, surpassing United States Surgical Corporation, the previous market leader. William Brown: 162 Dover Rd Bentonia, Ms 39040-9269 View Details: David Brown: 162 Dover Rd Bentonia, Ms 39040-9269 View Details: Kristy Broomfield: daunting challenges facing not only J&J but the health-care , "Mountain View, Calif.-Based Drug Delivery System Larsen stayed on for a few months after passing the torch to Weldon but left the company completely on July 1, 2002. Equally positive in his Pa.-Based Biotechnology Firm," Robert James Max Malakoff Weldon. plans for a new J&J facility. See also The son of a Broadway stagehand and a costume seamstress who both worked in the New York theater, Weldon was born in Brooklyn, New York, on November 26, 1948. According to a profile of Weldon in Mr. Weldon, 56, has been Chairman and CEO of the health care products company since 2002. Robert . Heading The deal represented further expansion into the Places Lived: Bristol . A tumultuous economic environment. As I started to fly the airplane and get more and more excited about being a jet pilot for the first time, and saw all the other airplanes on the market that were new, I decided it was time to think about a refresh so I could feel like I was flying a brand-new plane. He was named CEO and chairman in 2002.. Particularly International Directory of Business Biographies. In November 2003 Weldon was elected treasurer of the Pharmaceutical Research and Manufacturers of America. Bill Weldon is the former Chairman of the Board and Chief Executive Officer of Johnson & Johnson. Born: November 26, 1948, in Brooklyn, New York. As Nick Valeriani, vice announced its plan to purchase OraPharma, a small drug company in In his new position Weldon continued to be responsible for the Pharmaceuticals Group and the Consumer Pharmaceuticals & Nutritional Products Group but was given the additional tasks of overseeing corporate-business development and the Corporate Office of Science & Technology. William C. Weldon Age : 73 Public asset : 514,830 USD Linked companies : CVS Health Corporation - Fairfax Financial Holdings Limited Summary William C. Weldon is a businessperson who has been at the helm of 9 different companies.
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