Johnson & Johnson

Johnson & Johnson (J&J) is an American multinational pharmaceutical, biotechnology, and medical technologies corporation headquartered in New Brunswick, New Jersey, and publicly traded on the New York Stock Exchange. Its common stock is a component of the Dow Jones Industrial Average, and the company is ranked No. 40 on the 2023 Fortune 500 list of the largest United States corporations. In 2023, the company was ranked 40th in the Forbes Global 2000.^[2] Johnson & Johnson has a global workforce of approximately 130,000 employees who are led by the company's current chairman and chief executive officer, Joaquin Duato.

Not to be confused with S. C. Johnson & Son.

Company type

Public

NYSE: JNJ
DJIA component
S&P 100 component
S&P 500 component

US4781601046

January 1886 (1886-01) in New Brunswick, New Jersey, U.S.

Johnson and Johnson Plaza,

New Brunswick, New Jersey

,

U.S.
40°29′55″N 74°26′37″W / 40.49861°N 74.44361°W

Worldwide

Joaquin Duato
(Chairman & CEO)

List of Johnson & Johnson products and services

US$85.16 billion (2023)

US$21.21 billion (2023)

US$35.15 billion (2023)

US$167.6 billion (2023)

US$68.78 billion (2023)

134,400 (2023)

jnj.com

Johnson & Johnson was founded in 1886 by three brothers, Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson, selling ready-to-use sterile surgical dressings. In 2023, the company split off its consumer healthcare business sector into a new publicly traded company, Kenvue. The company is exclusively focused on developing and producing pharmaceutical prescription drugs and medical device technologies.

Johnson & Johnson is one of the world's most valuable companies and is one of only two U.S.-based companies that has a prime credit rating of AAA.^[3]

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Environmental record[edit]

Johnson & Johnson has set several positive goals to keep the company environmentally friendly and was ranked third among the United States's largest companies in Newsweek's "Green Rankings".^[133] Some examples are the reduction in water use, waste, and energy use and an increased level of transparency.^[134] Johnson & Johnson agreed to change its packaging of plastic bottles used in the manufacturing process, switching their packaging of liquids to non-polyvinyl chloride containers.^[135] The corporation is working with the Climate Northwest Initiative and the EPA National Environmental Performance Track program.^[136] As a member of the national Green Power Partnership, Johnson & Johnson operates the largest solar power generator in Pennsylvania at its site in Fort Washington, Pennsylvania.^[137]

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History[edit]

1873–1885: Before Johnson & Johnson[edit]

Robert Wood Johnson began his professional training at age 16 as a pharmaceutical apprentice at an apothecary run by his mother's cousin, James G. Wood, in Poughkeepsie, New York.^[4]^[5]^: 12 Johnson co-founded his own company with George Seabury in 1873. The New York-based Seabury & Johnson became known for its medicated plasters.^[6]^: 675^[5]^: 15 Robert Wood Johnson represented the company at the 1876 World's Fair.^[7]^[8] There he heard Joseph Lister's explanation of a new procedure: antiseptic surgery.^[5]^: 31 Johnson parted ways with his business partner Seabury in 1885.^[5]^: 38

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(1887–1910)

Robert Wood Johnson I

(1910–1932)

James Wood Johnson

(1932–1963)

Robert Wood Johnson II

(1963–1973)

Philip B. Hofmann

(1973–1976)

Richard B. Sellars

(1976–1989)

James E. Burke

(1989–2002)

Ralph S. Larsen

(2002–2012)

William C. Weldon

(2012–2022)

Alex Gorsky

(2023–present)^[131]

Joaquin Duato

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J&J is a matching gift donor to the .^[216]

Institute for Advanced Study

Zodiac (schooner)

Official website

Google

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Johnson & Johnson

Company type

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Traded as

ISIN

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Founded

Founders

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Area served

Key people

Products

Revenue

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Net income

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Environmental record[edit]

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History[edit]

1873–1885: Before Johnson & Johnson[edit]

$_$_$DEEZ_NUTS#3__titleDEEZ_NUTS$_$_$

Robert Wood Johnson I

James Wood Johnson

Robert Wood Johnson II

Philip B. Hofmann

Richard B. Sellars

James E. Burke

Ralph S. Larsen

William C. Weldon

Alex Gorsky

Joaquin Duato

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Institute for Advanced Study

Zodiac (schooner)

Official website

Google

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