Johnson & Johnson

Type: Public (NYSE: JNJ)
Founded: 1886
Headquarters: New Brunswick, New Jersey, USA
Key people: William C. Weldon, Chairman & CEO, Dominic J. Caruso, CFO
Industry: Major drugs, health care
Products: Pharmaceuticals, medical devices, Personal healthcare products, toiletries
Website: www.jnj.com

General Information

Johnson & Johnson (NYSE: JNJ) is a global American pharmaceutical, medical devices and consumer packaged goods manufacturer founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and the company is listed among the Fortune 500. Johnson & Johnson is known for its corporate responsibility and consistently ranks at the top of Harris Interactive's National Corporate Reputation Survey.

The corporation's headquarters is located in New Brunswick, New Jersey, United States. Its consumer division is located in Skillman, New Jersey. The corporation includes some 230 subsidiary companies with operations in over 57 countries. Its products are sold in over 175 countries.

Johnson & Johnson's brands include numerous household names of medications and first aid supplies. Among its well-known consumer products are the Band-Aid Brand line of bandages, Tylenol medications, JOHNSON'S Baby products, Neutrogena skin and beauty products, Clean & Clear facial wash and Acuvue contact lenses.

History

Robert Wood Johnson, inspired by a speech by antisepsis advocate Joseph Lister, joined brothers James Wood Johnson and Edward Mead Johnson to create a line of ready-to-use surgical dressings in 1885. The company produced its first products in 1886 and incorporated in 1887.

Robert Wood Johnson served as the first president of the company. He worked to improve sanitary practices in the nineteenth century, and lent his name to a hospital in New Brunswick, New Jersey. Upon his death in 1910, he was succeeded in the presidency by his brother James Wood Johnson until 1932, and then by his son, Robert Wood Johnson II.

Jamie Johnson, great-grandson of the founder, made a documentary called Born Rich about the experience of growing up as the heir to one of the world's greatest fortunes.