J&J CEO Gorsky to Step Down, Company Veteran to Lead in 2022

J&J CEO Gorsky to Step Down, Company Veteran to Lead in 2022
Joaquin Duato attends the fourth annual Save the Children Illumination Gala at The Plaza Hotel in N.Y., on Oct. 25, 2016. Charles Sykes/Invision/AP Photo
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Johnson & Johnson will replace Chairman and CEO Alex Gorsky with another veteran company executive starting next year.

The world’s biggest maker of health care products said late Thursday that Joaquin Duato will become CEO and a member of the company’s board of directors on January 3.