joaquin duato ethnicity

JD: The virus does not recognize borders. Contract & Freelance Partner Opportunities, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. The role of Telehealth and remote working was more present than ever, and COVID-19 put the spotlight on personal and preventative health. Gorsky, whos been at the helm for nine years, will become executive chairman. Maya Tsukernik you are amazing, congratulations on a great job!!! "I'm very bullish about the potential of technology in accelerating discovery and developing new medicines.". The pharma unit Duato leads generated $33.5 billion in sales last year, growing 7.5% (compared with 4% growth for Johnson & Johnson overall). He leads a global workforce in developing and delivering transformational and innovative healthcare solutions in Pharmaceuticals, MedTech, and Consumer Health. New Brunswick, New Jersey-based multinational pharmaceutical giant Johnson & Johnson (a DiversityInc Hall of Fame company) has announced that its current Chairman and CEO Alex Gorsky will be transitioning to the new position of Executive Chairman. There is no bigger or better known health-care conglomerate in the world. "Mr. Duato's international . AboutPressCopyrightContact. [1] He is the chief executive officer (CEO) of Johnson & Johnson, an American multinational conglomerate. Under his leadership, scientific expertise combined with AI and machine learning is accelerating how Johnson & Johnson confronts the most complex healthcare challenges and delivers for patients. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Duato, 59, has been working for the company for over 30 years. Joaquin Duato. Esade Alumni has announced the winner of the 2022 Esade Award: Joaqun Duato, CEO of Johnson & Johnson and Esade alumnus. Just as important was what Duatos mentors didnt do: push mentorship as a vehicle through which he might advance his career. Even with a massive dip during last years market crash, the shares have gained 22% since the beginning of 2020. Johnson & Johnson JNJ has long been viewed as a bellwether stock for other health care companies, given its early slot in the earnings calendar and a business model that spans everything from hip implants to rheumatoid arthritis drugs and Band-Aids. Duato is a dual citizen of Spain and the United States. Joaquin Duato 6d Data science and digital health have transformed how Johnson & Johnson innovates, enabling us to bring life-changing science to patients faster than ever. He leads a global workforce in developing and delivering transformational and innovative healthcare solutions in Pharmaceuticals, MedTech, and Consumer Health. Johnson & Johnson has faced multiple lawsuits over products and medical devices, fromtalc to hip replacement and opioids, which have resulted in significant financial settlements, without any admission of wrongdoing, as well as ongoing litigation. As part of this, were also partnering with leading organizations on vaccine education, including the National Hispanic Medical Associations #Vaccinate4All effort. [8], Joaquin Duato is a board member of the U.S. Spain Council and previously served on boards with UNICEF USA, Tsinghua University School of Pharmaceutical Sciences, and the Hess Corporation. Thats why for more than 135 years, we have aimed to keep people well at every age and every stage of life. 1, Duato told CNBC's Meg Tirrell at Healthy Returns on Wednesday, is the opportunity "to create more progress in health in this decade than we have seen in the last 100 years.". Through this collaboration with member physicians, we hope to help reduce vaccine hesitancy, build vaccine confidence, and address structural and cultural barriers to COVID-19 vaccine access in Hispanic communities. Duato is trilingual, speaking English, Spanish, and Italian. Duato will succeed Alex Gorsky, who will step down from his role as executive chairman following a brief transitional period. "All of them are providing significant improvements in the standard of care, and at the same time, all of them with more than a billion-dollar potential," he said. 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We understand that we have a high bar and a high expectation from society overall.Yes, we have some challenges when you refer to the litigation. Prior to this role, as Worldwide Chairman, Pharmaceuticals, Joaquin transformed the sector into a global powerhouse by refocusing strategy and investment around core therapeutic areas and areas of greatest unmet need. They closed at a record high of $179.47 Tuesday, buoyed by the companys portfolio of cancer and immunology drugs as patients return to hospitals after lockdown. Gorsky is leaving his successor with a pile of lawsuits and controversy on the desk: The company recently reached a landmarksettlementover its alleged role in the epidemic of opioid overdoses, but additional suits remain related to its talcum-based baby powder, as well as other drugs and devices. As a global company, we were already working around the world, but the pandemic pushed us to leverage our deep scientific expertise and extensive partnerships to take on this challenge. Evolution in the healthcare marketing and communications space requires an agile team that is solutions oriented and sees beyond barriers with a how can it be done mindset. His mother was a nurse, his grandfather was a pediatrician, and his grandmother a pharmacist. The healthcare conglomerate is in the middle of the biggest shake-up in its 135-year history, spinning off its consumer health business under the name Kenvue. Duato will succeed Alex Gorsky, who will step down from his role as executive chairman following a brief transitional period. Thats why its so important for us to engage in these types of conversations to help answer questions and dispel myths about vaccines. Powered and implemented by Interactive Data Managed Solutions. He was also appointed to the companys board of directors. Salesforce stock jumps 13% after earnings, revenue top estimates. Duato, 59, is a three-decade veteran of J&J, as is Gorsky. "We don't just talk about it," he says. It is influenced by factors such as confidence, convenience and complacency. His career in healthcare was influenced by his family. He is a respected industry leader and past Chairman of the Pharmaceutical Research and Manufacturers of America. During his tenure, J&J's market capitalization rose to over $460 billion from nearly $180 billion. "I see a future in which all medical devices would be smarter, connected to the cloud, being able to provide data to the surgeons for them to be able to in real time deliver better surgical outcomes," he said. The shot is still seen as important to fighting the pandemic, and J&J is working to ramp up supply through the end of the year. Under Duato, the leadership team for Johnson & Johnson's pharma group includes six women. Romaine Bostick breaks down the day's top stories and trading action leading into the close. Joaqun Duato, hasta ahora vicepresidente del grupo, sustituir desde el 3 de . LL: Now that the vaccine is available, how can we drive access and uptake in the Latinx community? Alex began his Johnson & Johnson career as a sales representative with Janssen Pharmaceutica in 1988. Duato is committed to nurturing a diverse, equitable and inclusive workplace as J&J continues to develop medicines to transform the lives of patients around the world. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Why? With these additions to our global manufacturing network, we are committed to delivering 100 million single-shot doses of our COVID-19 vaccine to the U.S. government, and delivering 200 million doses to the European Union, Norway and Iceland. He earned an MBA from ESADE at Ramon Llull University in Barcelona, Spain. Most of all, I am humbled to lead our talented and dedicated team of 136,000 associates around the world, and I am immensely proud of how we have upheld the Companys 134-year legacy of delivering solutions to address the worlds most urgent, unmet healthcare needs, he said. Copies of these filings are available online at www.sec.gov, www.jnj.com or on request from Johnson & Johnson. Duato is the only major health industry CEO who has served as chief information officer. Terms & Conditions. FORTUNE may receive compensation for some links to products and services on this website. LL: What was the basis for J&J to pursue emergency use authorization? About 64% of Hispanic adults now say theyve either gotten at least one dose of the vaccine or will get it as soon as they can. We believe we have a responsibility to step in and invest in solutions for global public health crises, and we are proud to be contributing to the global COVID-19 response. Pronunciation of Joaquin: Learn how to pronounce the word Joaquin.Definition and meaning can be found here: https://www.google.com/search?q=define+JoaquinThe. I can trace the most important turning points in my career like moving from Europe to the U.S., or moving from pharma into medical devices to having a strong female mentor who supported me, he says. Do Not Sell or Share My Personal InformationLimit the Use of My Sensitive Personal InformationCookie Settings. Joaquin has long believed in the power of technology to accelerate progress in healthcare. The industry leader for online information for tax, accounting and finance professionals. JD: We are a proud supporter of the National Hispanic Medical Association (NHMA) Vaccinate 4 All program that will train and support a cadre of physician leaders around the country to speak with local, regional and national media. Get the top DEI news delivered straight to your inbox, New Brunswick, New Jersey-based multinational pharmaceutical giant Johnson & Johnson (a DiversityInc. Mr. Duato, age 59, is currently Vice Chairman of the Company's Executive Committee and provides strategic direction for the Pharmaceutical and Consumer Health sectors and oversees the Global Supply Chain, Technology and Health & Wellness teams. Our 130,000 employees mobilized with urgency to address the critical needs of families and healthcare providers in their country. Under Alexs leadership, Johnson & Johnson continues to be one of the worlds exceptional corporations and is currently the number one pharmaceutical company on Fortune magazines list of the Worlds Most Admired Companies.. Meanwhile, Wall Street and Washington have long awaited Gorskys next move. I also want to thank Alex for his countless contributions to our Company. Joaquin earned an MBA from ESADE in Barcelona, Spain, and a Master of International Management from Thunderbird School of Global Management in Phoenix, Arizona. A believer in the power of technology to accelerate progress in healthcare, Joaquin is leading Johnson & Johnson to harness data science and intelligent automation to solve the worlds toughest health challenges. These statements are based on current expectations of future events. The former army captain and endurance athlete who takes spin classes alongside his employees has long been speculated to one day seek political office. Machine learning, when combined with genetics, is also accelerating the discovery and development of new medicines. Joaquin Duato Johnson & Johnson Top 10% A 79/100 VS Dirk van de Put Mondelez International Top 15% A- 77/100 Johnson & Johnson vs Mondelez International CEO Comparison Summary Employees at Johnson & Johnson rank Joaquin Duato in the Top 10% of CEOs in New York. Pharma relies on people who come from a scientific background, but historically within STEM [science, technology, engineering, and mathematics], youve seen more men, he says. Please click below to continue to that site. The estimated Net Worth of Jennifer L Taubert is at least $42.8 Million dollars as of 22 November 2022. In this podcast, Matt Botkin, SVP, business development (health systems) at Doceree, throws light on how the pharmaceutical industry can leverage technology to address the issue of healthcare affordability. You dont have to try too hard to make a human case for mentoring. Alex Gorsky, currently chairman and CEO, will serve as executive chairman of Johnson & Johnson and transition the CEO role to Joaquin Duato, currently vice chairman of the company's executive committee, effective January 3, 2022. Ms. Taubert owns over 76,923 units of Johnson & Johnson stock worth over $35,709,285 and over the last 4 years she sold JNJ stock worth over $0. I have the utmost confidence in Joaquin to lead Johnson & Johnson as the Companys next CEO, Gorsky said. Supporting frontline health workers: In 2020, the Johnson & Johnson Family of Companies and the Johnson & Johnson Foundation committed $50 million to support frontline health workers. In September 2020, Janssen signed the vaccine maker pledgeto promise the public that decisions around the potential use of our vaccine candidate will be based purely on science and pre-existing guidelines from health authorities around the world. See also:Healthcare marketers still pushing to address the gender gap. This is closely followed by the CDC, family/friends and then by state and local health departments/officials. Procter & Gamble Co.s David Taylor is stepping down in November, and Walt Disney Co. Chairman Bob Iger is leaving at the end of the year. This passion stems from his belief that the healthcare industry must undergo a digital revolution to truly change the trajectory of human health. Duato 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. He champions the integration of data science, intelligent automation and new technologies to solve complex biomedical research and business operation challenges with maximum speed and efficiency. A dual citizen of Spain and the U.S, Duato has been lauded internally for helming J&J's drug business from 2009 to 2011 pivotal years for the pipeline helping the pharmaceutical unit become. COVID-19 exposed the racial and social injustices that communities of color have been facing for a very long time. Sign up for free newsletters and get more CNBC delivered to your inbox. We dont just talk about it, he says. It has been an honor to work alongside each of you, and I could not think of a better leader than Joaquin to lead the Board as it helps guide the Company to even greater achievements.. As CEO of the world's largest healthcare company, Joaquin leads a global workforce of 135,000 employees in developing and delivering transformational and innovative healthcare solutions in Pharmaceuticals, MedTech, and Consumer Health. That is why I believe. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. All Rights Reserved. The decision to step aside was one of the most difficult of my career, Gorsky said in the statement. Rate the pronunciation difficulty of Joaquin Duato. 2023 Fortune Media IP Limited. articles a month for anyone to read, even non-subscribers! About Alex GorskyAlex Gorsky is Chairman of the Board and Chief Executive Officer of Johnson & Johnson, one of just seven leaders who have served in the dual role since the company was listed on the New York Stock Exchange in 1944. It was solely about personal and professional growth, not about getting the next job. Offers may be subject to change without notice. Duato, the current vice chairman of the executive committee, will take the reins and a seat on the board from Jan. 3. Deloitte does not. Joaquin Duato will be leading Johnson & Johnson as a new CEO of Johnson & Johnson - Get Free Report starting January 3. . `` about it, '' he says officer ( CEO ) of Johnson & Johnson truly change trajectory! 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