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Joaquin Duato

From Wikipedia, the free encyclopedia
American corporate executive
Joaquin Duato
Born1962 (age 62–63)
Spain
CitizenshipSpain
U.S.
EducationESADE Business School (MBA)
Thunderbird School of Global Management
OccupationBusinessman
Years active1989-present
TitleChairman and CEO of Johnson & Johnson
Term2022-present
Children2

Joaquin Duato (born April 1962) is a Spanish-American business executive. He is the chairman and chief executive officer (CEO) of Johnson & Johnson, an American multinational conglomerate.[1] He is the company's eighth CEO since it became a publicly-traded company in 1944. In 2023, Duato received 28ドル.4 million, the highest paid CEO of any major US pharmaceutical company.

Early life and education

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Duato grew up in Valencia, Spain. His career in health care was influenced by his family. His mother was a nurse, his grandfather was a pediatrician, and his grandmother a pharmacist.[2] Duato speaks English, Spanish, and Italian. He received a Master of Business Administration from ESADE Business School in Barcelona, Spain, and a Master of International Management from the Thunderbird School of Global Management in Phoenix, Arizona.[3] Duato is a dual citizen of Spain and the US.[4]

Career

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In 1989, Duato began his career with Johnson & Johnson, joining Janssen Pharmaceuticals in Spain.[2] [5] After moving to the US in 2002, Duato was appointed executive vice president, worldwide chairman, pharmaceuticals in 2011. His growth strategy led to the turnaround of Johnson & Johnson’s struggling pharmaceutical business in the early 2000s.[3]

In 2018 when he was promoted to vice chairman of Johnson & Johnson’s executive committee, he led the pharmaceuticals and consumer product divisions and oversaw supply-chain and technology operations.[5] [6] He also was interim Chief Information Officer.[3]

Duato was appointed CEO in August 2021 which became effective in January 2022. He was also appointed to the company’s board of directors.[7] [8] In November 2022, he was elected chairman, effective January 2023. Duato oversaw the separation of Johnson & Johnson's consumer health segment, now an independent publicly traded company, Kenvue.[9] During this time, Duato was the executive sponsor of the company's African Ancestry Leadership Council.[10]

In 2023, Duato was the highest paid CEO of the major pharmaceutical companies, earning 28ドル.4 million, a 117% increase over 2022.[11]

Board membership and honors

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In recognition of his efforts, Duato was named a Healthcare Businesswomen's Association Honorable Mentor honoree in 2017.[12] In 2021, Duato was ranked #3 on the NJBIZ Manufacturing Power 50 list.[13] The following year, Duato received the 2022 ESADE Award for his leadership with Johnson & Johnson.[14] [15] In 2023 Duato was bestowed with the Order of Civil Merit, Commander by Number, by King Felipe VI of Spain.[16] [17] He is also a member of the Business Roundtable.[16]

Duato has previously served on boards with the United States-Spain Council, UNICEF USA, Tsinghua University School of Pharmaceutical Sciences, and the Hess Corporation.[18] [6] He served as chair of Pharmaceutical Research and Manufacturers of America from 2017 to 2018.[19] [20]

Personal life

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Duato is married, with two adult children, and lives in Pennsylvania.[21]

References

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  1. ^ Nathan-Kazis, Josh. "J&J's CEO Plans to Step Down. Analysts Expect a Smooth Transition". www.barrons.com. Retrieved 2022年07月06日.
  2. ^ a b "5 Things to Know About Johnson & Johnson's New CEO Joaquin Duato". 16 June 2023. Retrieved 2023年06月16日.
  3. ^ a b c "The Architect of J&J's Breakup Bets on Tech for the Future of Drugs". Bloomberg.com. 2022年04月29日. Retrieved 2022年06月15日.
  4. ^ Rosenbaum, Eric (2022年03月30日). "Next decade will transform health care more than past century: Johnson & Johnson CEO". CNBC. Retrieved 2022年06月15日.
  5. ^ a b "A Look Inside J&J's Partnering & Innovation-Building Model". www.lifescienceleader.com. Retrieved 2022年06月15日.
  6. ^ a b "J&J CEO Steps Down, Taps Successor Joaquin Duato". BioSpace. Retrieved 2022年06月15日.
  7. ^ Griffin, Riley (2021年08月19日). "J&J's New Insider CEO Brings Expertise From Crucial Pharma Post". Bloomberg.com. Retrieved 2022年06月15日.
  8. ^ "Johnson & Johnson adds vice chairman to leadership". nj. Associated Press. 2010年12月15日. Retrieved 2022年06月15日.
  9. ^ "J&J CEO Joaquin Duato discusses how he leads during challenging times and why the next decade will be the golden era for health innovation". Fortune. Retrieved 2023年11月17日.
  10. ^ Rivas, Kayla (2021年08月20日). "J&J's new CEO Joaquin Duato: What to know". FOXBusiness. Retrieved 2023年11月17日.
  11. ^ Dunleavy, Kevin (2024年03月13日). "J&J's Joaquin Duato nets major raise to 28ドル.4M, jumps to top of pharma CEO pay rankings". fiercepharma.com. Retrieved 2024年12月30日.
  12. ^ "2017 Joaquin Duato". Healthcare Businesswomen's Association. 2017. Retrieved 2024年12月30日.
  13. ^ "Presenting the 2021 Manufacturing Power 50". NJBIZ. 2021年12月13日. Retrieved 2022年06月15日.
  14. ^ "Joaquín Duato, CEO of Johnson & Johnson, to Receive Esade Award". www.esade.edu. 2022年06月14日. Retrieved 2023年11月17日.
  15. ^ "Future, Inspiration and Lots of Networking at the 26th Esade Alumni Annual Meeting in Barcelona". www.esadealumni.net. Retrieved 2023年11月17日.
  16. ^ a b "Joaquin Duato". www.businessroundtable.org. Retrieved 2024年12月28日.
  17. ^ "Joaquin Duato". JNJ.com. Retrieved 2024年12月28日.
  18. ^ "Members". U.S. Spain Council. Retrieved 2024年12月28日.
  19. ^ "Joaquin Duato Named PhRMA Board Chairman". Johnson & Johnson. 2017年01月09日. Retrieved 2024年12月30日.
  20. ^ "Amgen CEO Robert A. Bradway Becomes PhRMA Board Chairman". Pharmaceutical Research and Manufacturers of America. 2018年02月07日. Retrieved 2024年12月30日.
  21. ^ "Joaquin Duato Council for Inclusive Capitalism" . Retrieved 2024年12月12日.
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