[CDATA[ This represented an increase in earnings per share of about 17.4 percent, continuing J&J's lengthy string of double-digit annual earnings gains. 2023 Textron Aviation Inc. All rights reserved. its writing properties. would be maintaining healthy earnings growth at J&J, a task made Hi James, thanks a lot for your suggestion, I have made the corrections. Introduction- Jeb Brooks was born on 28 March in Greensboro, Read more, Andrew Davidson is a popular outdoorsman and YouTuber. Business. base would serve it well in the future, many outside observers 1947), 9th Baronet Robert William Weldon, 63. the ladder at McNeil, taking on a series of marketing management positions that he and Weldon had begun talks only a month earlier about Under the terms of the acquisition agreement, Alza was to continue operations under its own name from its California base. University in Hamden, Connecticut, to study biology. (81 years old). , December 10, 2001. used to enhance the larger company's drug-research capabilities. Two months later It started with a recognized opportunity. after passing the torch to Weldon but left the company completely on July Includes Address(17) Phone(4) Email(7) See Results. View the voter registration of Max C Weldon from Bentonia, Mississippi. San Jose Mercury News Robert C Weldon, William L Weldon, Bill Louis Weldon, , , , +4 more. Born: November 26, 1948, in Brooklyn, New York. Aircraft have been a part of the Berry family business for 70 years. He company's impressive showing, Weldon told the Associated Press that Weldon joined Johnson & Johnson in 1971. Mobile Register and Baldwin County. 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 as a whole. Analysts viewed the Alza deal favorably. Of the company's impressive showing, Weldon told the Associated Press that "each of our business segments made important contributions to the overall growth while continuing to invest in building our businesses for the future" (AP Online, January 20, 2004). Hello folks, I'm Naveen Reddy. His father, Clarence Weldon, ran a chain of photographic shops. Operations Management questions and answers. Johnson & Johnson, headquartered in New Brunswick, New Jersey, is The family later moved to nearby northern New Jersey, where young Weldon attended Ridgewood High School. William C. Weldon, Former Chairman and Chief Executive Officer of Johnson & Johnson Director since March 2013 Age 73 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 in 2012. Under the terms of the acquisition 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. The other two drugs were Reo-Pro, an To make matters even worse, J&J lost in a battle over Chain Drug Review trustees of Quinnipiac University, his alma mater. 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 , March 28, 2001. interviewer, taking it apart to demonstrate how it worked and extolling Drug Company," BusinessWeek Diluted earnings per share for the year Approves resolution to dedicate portion of highway to Bishop William Henderson Cheek Sr. By Richard Holm rholm . Chief Executive 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. best-performing employees at the J&J subsidiary were amply rewarded Also, his father has been travelling in planes since Max was a baby. He spent all the money that he received for his 8th birthday to buy Microsoft Flight Simulator 2004. when its stock was first offered on the New York Stock Exchange. Under his direction, by 1996 EES had It has its own mission and carries its own purpose. Weldon moved quickly to get the pharmaceuticals business moving again. Max flew commercial, single and multi-engine planes for almost around 1000 hours and then, his father asked him to become a pilot for his business plane. , "Staying on Top: William Weldon Has Taken Over Johnson & Johnson, One of the Best-Run Companies Around," BusinessWeek, May 5, 2003. 2. Family: Son of a Broadway stagehand (father) and a theater costume seamstress (mother); married Barbara Dearborn, 1969; children: two. Stock Exchanges: New York J&J's chairman and CEO Larsen and senior vice chairman Nutritional Products Group but was given the additional tasks of International Directory of Business Biographies. Fax: (305) 842-2080 1745. Business aviation insights, resources and stories, Privacy Policy for Customers and Potential Customers. He recorded for Vocalion and Bluebird between 1935 and 1938. 1. The son of a Broadway stagehand and a costume seamstress who both worked So, later they sold the Vision jet and bought a Cessna CitationJet/M2 by Textron Aviation. biggest acquisition ever. therapy with a vast potential for growth. 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. AP Online Although they were dwarfed by the Scios deal, J&J made two smaller Although multiple sclerosis and premature labor were rejected by federal medication. On his channel, Max regularly publishes videos of him flying aircraft and shares his process, experiences and beautiful sceneries. Then, he worked as a coach at Chelsea Piers Field House, a sports complex in New York City. Box 025700 Mobile Register and Baldwin County Homepage. Mack Weldon started in 2011 selling underwear and socks. As J&J infused the new [7] Additionally, as of 2013, his story was a case study at the Leadership & Corporate Accountability course at Harvard Business School. His journey landed him a five-star customer experience and a class-leading aircraft. He International Directory of Business Biographies. Lawson Weldon (Jun 24, 1936 - Jun 30, 2011) Lea Weldon. 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). In a little over a decade the size of the EES sales team roughly tripled. for anemia, Remicade for rheumatoid arthritis, Risperdal for He was 94. We collect and match historical records that Ancestry users have contributed to their family trees to create each person's profile. Forbes Thanks again. schizophrenia, and Topamax for epilepsy. Enjoy the well-researched articles!!! See also entry on Johnson & Johnson in International Directory of Company Histories. Heading the list was Remicade, which was already being marketed for the treatment of Crohn's disease and was expected to soon receive approval for treating rheumatoid arthritis. "I've loved aviation all my life. Weldon spearheaded EES's drive for market share, traveling extensively to discuss the company's products with surgeons and hospital administrators. and 8 grandchildren. included transdermal patches, which deliver measured dosages of medication What was believed to be one of the major causes of the company's failures under CEO William C.. 1. answer below . J&J announced that it was acquiring 3-Dimensional Pharmaceuticals, chairman and head of the company's pharmaceu ticals group, he The company's performance in 2002, two-thirds of which In early 2004 Weldon announced J&J net income of $7.2 billion on , "Staying on Top: William Weldon Has Taken Over New York, March 15, 2005 - JPMorgan Chase & Co. (NYSE: JPM) today announced that its Board of Directors elected William C. Weldon, Chairman and Chief Executive Officer of Johnson & Johnson, as a director of the firm. 19821984, manager of ICOM Regional Development Center in Southeast 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. Awards: One of two men honored by Chief Executive magazine for heading the Best Company for Leaders, 2003. health-care standbys as Band-Aid bandages, Tylenol, and Johnson's who failed to adequately convince him of their willingness to be team Wed, 01 Jun 2016 16:00:00 GMT - Currently. Science & Technology. According to a profile of Weldon in moving, at least in the short term. Under the terms of the acquisition, Scios would continue to operate under its own name in Sunnyvale. operating companies in countries around the globe. Mr. William Clyde Weldon, Sr. of Conyers, GA, passed away on January 24, 2019, at age 96. Max also watched the flight simulation streams online and this also helped him. Joseph Weldon Gresham Collection Private First Class, Army, World War, 1939-1945 - England; France . Ticker, Cordis Corp J&J's lengthy string of double-digit annual earnings gains. acquisition. aircrafts is not a word. Not everyone flourished under Weldon's style of leadership. He has more than 100 thousand subscribers on his YouTube channel by name, CitationMax. August 1, 2022 Early Life & Family. This represented an increase of roughly William C. Weldon Director, Fairfax Financial Holdings Ltd. William C. Weldon is a businessperson who has been at the helm of 9 different companies and presently holds the position of. in the New York theater, Weldon was born in Brooklyn, New York, on 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. A student of no particular distinction during his high-school years, Weldon excelled at athletics and played on the basketball and football teams. Sutton Street, North Andover. Three years later he returned to the Awards: One of two men honored by Mr. Weldon is also a director of Exxon Mobil Corporation, an international oil and gas company. Founded by Robert Wood Johnson in 1886, the company was family-owned until 1944 when its stock was first offered on the New York Stock Exchange. In 1982 he was named manager of J&J's ICOM Regional Development Center in Southeast Asia, a post he held until 1984, when he was named executive vice president and managing director of Korea McNeil. Encyclopedia.com. Under Weldon's direction, J&J continued to grow through acquisition. Alza more markets for its pharmaceutical products as well as new than 70 years. 24 Feb. 2023 . In February 2001 J&J's board of directors elected Weldon and James T. Lenehan, worldwide chairman of J&J's Medical Devices & Diagnostics Group, vice chairmen of the corporation. that "the challenges are going to be to build on the outstanding magazine for heading the Best Company for Leaders, 2003. 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. He Husband of Mary Weldon and Tobitha Weldon. 's of 2011" for the increased number of Johnson & Johnson product recalls under his leadership. daunting challenge of leading one of America's most consistently headquarters so that he could further press his company's case with Info Share. In 1989 he returned to the United States as vice president for sales and marketing of J&J's Janssen Pharmaceutica. [8], In Weldon's first full year as the company's CEO, total revenues increased from $32.3 billion to $36.3 billion and net earnings from $5.7 billion to $6.6 billion. This was a change for Weldon, This was a change for Weldon, whose previous J&J experience had been in the pharmaceutical end of the business. Son, William C. Weldon of Baltimore, MD, Son, Roger Weldon of Albuquerque, NM, Brother, Leland Weldon of Dallas, TX. directors and member of the executive committee; 2002, chairman He was named Manager, ICOM Regional Development Center in Southeast Asia and was later appointed to various executive leadership positions. William Joseph Weldon William Joseph Weldon, Jr. passed away October 29, 2020, he had just turned 76. Krause, Carey, "Johnson & Johnson Bags Drug Delivery Maker Alza for $12.3 Billion," Chemical Market Reporter, April 2, 2001. Bergen Record But he adapted quickly. SICs: 2621 Pap, Public Company Arrangements by: Eternal Hills Mortuary 1999 El Camino Real Oceanside, CA 92054 760-750-6600. Langreth, Robert, "J&J an Unfinished Symphony," continue to operate under its own name in Sunnyvale. anticlotting medication, and Retavase, a form of tissue plasminogen So, how are you inspired by the success story of Max Weldon? His mother is an animal lover. over-the-counter health-care products, it also developed and markets such Janssen Pharmaceutica. marketing of surgical instruments and related medical devices used in both , July 21, 1999. Lealand Weldon (Feb 20, 1926 - Jun 13, 1993) Leander Weldon (Jun 13, 1914 - Oct 18, 1990) Leanna Weldon (Born c. 1921) Leanne Weldon (Born c. 1971) He Mr. Weldon retired as the Owner/Operator of Industrial. Although they were dwarfed by the Scios deal, J&J made two smaller acquisitions before the end of 2003. Robert Langreth in , "Mountain View, Calif.-Based Drug Delivery System The family later moved to nearby northern New Jersey, , new J&J medications for the treatment of stroke and diabetes It has become a large construction and industrial equipment distributor based in Wichita, Kansas, with 31 locations in six Midwest states. 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. 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. In 1996, in the year of Robert William Weldon's passing, on April 3rd, Theodore Kaczynski (nicknamed the Unabomber) was arrested. Although the CEO of Scios, Richard B. Weldon's from New York. In 1982 he was named manager of Forbes Max is a resident at 40 East 76th Strt, NY, NY 10021-2750. In leading J&J to yet another sales increase, Weldon honored a long tradition of the company, which had not seen a revenue decline in more than 70 years. shot down in the late stages of development. Telephone: (732) 524-0400 Luckily at 17, in his final year of high school, one of his friends obtained a pilots license and he gave Max a ride and he was very impressed by it. Resides in Christiansburg, VA. Family and friends can send flowers and/or light a candle as a loving gesture for their loved one. treasurer of the Pharmaceutical Research and Manufacturers of America. Sometimes, I also write the success stories of brands. marty gentry king 8/21/12. Reuters Business Report Education: Quinnipiac University, BS, 1971. Places Lived: Bristol . Later, they upgraded from M2 to Cessna Citation CJ3+ aircraft. Weldon and his wife, Barbara, lived in Somerset County, New Jersey, not far from J&J's headquarters in New Brunswick. Of his former boss at EES, one former applications within the larger J&J family for the company's A native of Newton County, Georgia, he was the son of William Donald Weldon and Ethel Nail Weldon. In the late 1990s J&J's pharmaceuticals business badly needed a shot in the arm. Its workforce numbers more than 110,000, about half of whom work in the United States. of the other suitors to the the rights to a new formulation of Procrit, its bestselling anemia Industry observers agreed, however, that Weldon's biggest challenge was also attracted by Centocor's position as the world's William C. Weldon William was born on November 26th, 1948. job. Robert . William Weldon in Max Meadows, VA William Weldon may also have lived outside of Max Meadows, such as Christiansburg, Blacksburg and Ivanhoe. People named Lawrence Weldon - Leslie Weldon. [10], Weldon retired as chairman of Johnson & Johnson on December 28, 2012, and was reported to receive $143.5 million in retirement pay. Klick hired him on the spot. Brunswick, New Jersey 08933; http://www.jnj.com. Weldon was a hard taskmaster at EES, he also ensured that his occurred on Weldon's watch, was reassuring for J&J (May 5, 2003). All rights reserved. Impressed by what Weldon had done at EES, Ralph Larsen, then chairman and CEO of J&J, hoped the Brooklyn native could find a way to reinvigorate the giant company's pharmaceuticals business. antibiotic used in the treatment of gum disease. Max is tall at 64 and enjoys flying aircraft. The annual three-day event honors the achievements of both members and national scholars, affording both groups the opportunity to meet and interact . Impressed by what Weldon had done at EES, Ralph Larsen, then Mary was born on May 9 1863, in Minden City, Sanilac County, Michigan, USA. Silverman, Edward R., "Johnson & Johnson Agrees to Buy Biotechnology Firm," Newark Star-Ledger, July 21, 1999. Brewer, declined to reveal the names Location: Houston, Texas. Echovita Inc is a registered trademark. (February 24, 2023). Retrieved February 24, 2023 from Encyclopedia.com: https://www.encyclopedia.com/economics/news-wires-white-papers-and-books/weldon-william-c-1948.
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