9.1 percent in net income and a 15.3 percent increase in total revenue. Heading of increasing responsibility. hospital administrators. 62-16 (L) Weldon vs. Southeast Halifax. BusinessWeek What was believed to be one of the major causes of the company's failures under CEO William C. Weldon? He has more than 100 thousand subscribers on his YouTube channel by name, CitationMax. and is being done at a price that is attractive for both sets of Menu. Analysts viewed the Alza deal favorably. "I've loved aviation all my life. entry on Johnson & Johnson in Not everyone flourished under Weldon's style of leadership. In the late 1990s J&J's pharmaceuticals business badly needed a shot in the arm. He used Sheppard Air to prepare for the written exam and he recommends this. They have also lived in Chiloquin, OR and Klamath Falls, OR. The company posted net income of nearly $6.6 billion on sales of roughly $36.3 billion. Fax: (732) 524-3300 Cordis Corp. a potential customer who was having second thoughts about committing to After graduating from high school in 1967, Weldon enrolled at Quinnipiac University in Hamden, Connecticut, to study biology. Newark Star-Ledger Weldon moved quickly to get the pharmaceuticals business moving again. Pick a style below, and copy the text for your bibliography. When William Isaac Weldon was born on 17 September 1862, in Lynn Township, Sioux, Iowa, United States, his father, Abraham Weldon, was 42 and his mother, Jane Bice, was 29. It takes less than ten minutes to set up your company page. He was also attending a flight school and from 12 September 2016, he started attending the New York University (NYU). Under Weldon's direction, J&J continued to grow through acquisition. worldwide franchise chairman of EES. Rent value for a two bedroom unit in the zip code 08804 is estimated at $1,660 a month. He reportedly insisted on the last-minute addition of a basketball court to plans for a new J&J facility. William C. Weldon is an Independent Director of CVS Caremark Corp. Mr. Weldon is the former Chairman of the Board and Chief Executive Officer of Johnson & Johnson, a global developer and manufacturer of health care products, having served in those positions from 2002 until his retirement as Chief Executive Officer in April 2012 and his retirement from the board in . [4][5], In 2009, he earned a total compensation of $22,830,834, which included a base salary of $1,802,500, a cash bonus of $12,831,146, stock awards of $2,762,532, option awards of $5,238,069, and other compensation of $196,587. were $2.40 in 2003, up 11.1 percent from the previous year. New York, New York 10003 Weldon singled out the regulatory environment as one of the more daunting challenges facing not only J&J but the health-care industry as a whole. Business aviation insights, resources and stories, Privacy Policy for Customers and Potential Customers. Weldon. A lack of attention to quality. medication developed by Scios for the treatment of patients with Retrieved February 24, 2023 from Encyclopedia.com: https://www.encyclopedia.com/economics/news-wires-white-papers-and-books/weldon-william-c-1948. HOPE, N.Y. -- Mr. William (Bill) C. Weldon, 62, formerly of Hudson, NH, passed away Friday, Oct. 9, 2015, at Albany Medical Center, in N.Y. with his sister, Joan Klement by his side. For more information, please visit our Privacy Policy. William C. Weldon Age : 73 Public asset : 514,830 USD Linked companies : CVS Health Corporation - Fairfax Financial Holdings Limited Summary William C. Weldon is a businessperson who has been at the helm of 9 different companies. Ernest Mario, Alza's chairman and more than 110,000, about half of whom work in the United States. Show more. According to a report by Robert Langreth in Forbes, new J&J medications for the treatment of stroke and diabetes failed in large-scale human trials, while drugs designed to combat multiple sclerosis and premature labor were rejected by federal regulators. The popularity rank for the name Williamwas 5 in the US in 2020, the Social Security Administration's data shows Ads by BeenVerified therapy with a vast potential for growth. If you are happy with my work, please support me by donating. the business. J&J's chairman and CEO Larsen and senior vice chairman Max got 26. During that time, Max had done his instrument and commercial training but had no flight time, so he joined Angel Flight Northeast organization to gain flight time. a daughter and a son. The Centocor 1. Robert James Max Malakoff Weldon. Philadelphia Inquirer After earning his bachelor's degree in 1971, Weldon inter-viewed for a job as sales representative with J&J's McNeil Pharmaceutical unit, which is now known as Ortho-McNeil Pharmaceutical. its acquisition of Alza, Larsen announced that after 13 years at the helm He was 94. University in Hamden, Connecticut, to study biology. Location: Houston, Texas. Pharmaceutical unit, which is now known as Ortho-McNeil Pharmaceutical. This was a change for Weldon, Early Life & Family. His parents were a Broadway stagehand and a costume designer. Lived In Max Meadows VA, . All costs for tuition for the Herndon Directors Institute represents a fully paid Fellowship to those accepted for admission. Max pilots the planes which his father uses for business purposes and which his mother uses for animal and children charity purposes. Telephone: (732) 524-0400 , March 28, 2001. chairman and head of the company's pharmaceu ticals group, he [9] In 2011, his last full year as CEO, revenues were $44.7 billion and net earnings were $9.7 billion. As Nick Valeriani, vice He pointed to the insistence by federal officials on broader studies with greater numbers of subjects before giving the green light to new drugs. Add to My Lists. Weldon announced an agreement to acquire Alza Corporation, headquartered Ahmed Awad, Brian J Deltoro, and six other persons spent some time in this place Main Address 40 E 76th St, New York, NY 10021 biggest acquisition ever. Son, William C. Weldon of Baltimore, MD, Son, Roger Weldon of Albuquerque, NM, Brother, Leland Weldon of Dallas, TX. Max studied Political Science from The New School in New York City. [2], He was born in Brooklyn, New York. BusinessWeek , January 20, 2004. moving, at least in the short term. Later, they upgraded from M2 to Cessna Citation CJ3+ aircraft. magazine for heading the Best Company for Leaders, 2003. //]]>, Chairman and chief executive officer, Johnson & Johnson. See also entry on Johnson & Johnson in International Directory of Company Histories. After earning his bachelor's degree in 1971, Weldon inter-viewed She was most active from 1953 to 1958. Klick said the Chief Executive "I never in a million years thought that I would ever be flying a Citation," he says. Diluted earnings per share for the year congestive heart failure. and 8 grandchildren. Guiding the lost to the Lord! He was also a member of the Business Council and served on the board of trustees of Quinnipiac University, his alma mater. Then, copy and paste the text into your bibliography or works cited list. He did an Associate Degree in Aviation from Vaughn College of Aeronautics and Technology, New York. The importance of saying "I love you" during COVID-19, Effective ways of dealing with the grieving process, Solutions to show your sympathy safely during the Covid-19 pandemic. 2002). [11], He also sits on the JPMorgan Chase & Co. board of directors, the HeartFlow board of directors, the ExxonMobil board of directors, the Fairfax Financial board of directors, and the Quinnipiac University board of trustees. Taking the time to assess clients' needs, missions and unrealized potential. Would you like to offer William Coburn Weldons loved ones a condolence message? for a job as sales representative with J&J's McNeil BusinessWeek He uses P.O. To market its Aircraft have been a part of the Berry family business for 70 years. Diluted earnings per share in 2002 came in But thanks to a safety feature of Cirrus aircraft (this aircraft had a parachute) at Performance Flight, she agreed to Max to attend the flight school. , July 21, 1999. best-performing employees at the J&J subsidiary were amply rewarded International Directory of Business Biographies. He was interviewed by Howard Klick, who three decades later told BusinessWeek that as part of the process he challenged Weldon to give him a sales pitch on a ballpoint pen. to Happen," Weldon spearheaded EES's drive for market share, traveling shareholders" (April 2, 2001). Reins Over to Chairman in April," Industry observers agreed, however, that Weldon's biggest challenge [7] Additionally, as of 2013, his story was a case study at the Leadership & Corporate Accountability course at Harvard Business School. Casey Bill Weldon. According to a profile of Weldon in At 18, Max received his Private Pilot License (PPL) within 40 hours and later, he also received his Jet Type Ratings. How do we create a person's profile? William C Weldon We found 100+ records for William C Weldon in AL, IN and 36 other states. Select this result to view Gerald Mark Weldon's phone number, address, and more. U.S.A. marketing of surgical instruments and related medical devices used in both He recorded for Vocalion and Bluebird between 1935 and 1938. job. He joined the company as a sales representative for the McNeil Pharmaceutical division in 1971 and eventually became the head of Johnson & Johnson's Ethicon Endo-Surgery business in 1992. and, thus, better able to resist the temptation of offers to go elsewhere. William C. Weldon. Aug 1971 - Mar 201240 years 8 months. People named Lawrence Weldon - Leslie Weldon. 1525 Howe Street For the member of the Memphis Jug Band, please use Will Weldon . Education: Quinnipiac University, BS, 1971. anticlotting medication, and Retavase, a form of tissue plasminogen Career: Johnson & Johnson, 19711982, sales and marketing positions with McNeil (later Ortho-McNeil) Pharmaceutical division; 19821984, manager of ICOM Regional Development Center in Southeast Asia; 19841986, executive vice president and managing director of Korea McNeil; 19861989, executive vice president and managing director of Ortho-Cilag Pharmaceutical; 19891992, vice president for sales and marketing of Janssen Pharmaceutica; 19921995, president of Ethicon Endo-Surgery; 19951998, Johnson & Johnson company group chairman and worldwide franchise chairman of Ethicon Endo-Surgery; 19982001, member of Johnson & Johnson's executive committee and worldwide chairman of Pharmaceuticals Group; 20012002, vice chairman of the board of directors and member of the executive committee; 2002, chairman and chief executive officer. Weldon's hard work paid off. Particularly impressive was the company's performance in the final quarter of 2003, when earnings jumped 33 percent to 62 per share from 46 in the comparable period a year earlier. William C. Weldon (born November 26, 1948) is a former chairman of Johnson & Johnson,[1] He was the eighth chairman in Johnson & Johnson's history of more than one hundred years. The deal represented further expansion into the Silverman, Edward R., "Johnson & Johnson Agrees to Buy Biotechnology Firm," Newark Star-Ledger, July 21, 1999. agreement, Alza was to continue operations under its own name from its Mack Weldon started in 2011 selling underwear and socks. On his channel, Max regularly publishes videos of him flying aircraft and shares his process, experiences and beautiful sceneries. Brunswick, New Jersey 08933; http://www.jnj.com. Later, his family sold Cirrus SR22 and purchased a Cirrus Vision jet and he flew this too and in order to fly this aircraft, he took type rating in Knoxville. sales of roughly $36.3 billion. equipped them with cutting-edge computer-aided design (CAD) systems. He has more than half a million subscribers on his eponymous YouTube channel. Toll Free: (800) 494, Public Company More Images. By the end of 1999 he had helped engineer J&J's purchase of Centocor, a Malvern, Pennsylvania, biotechnology company that had within its product line three drugs of particular interest to J&J. seamstress (mother); married Barbara Dearborn, 1969; children: two. Pastor at Church Of God of Prophecy - Boyle, MS. March 1, 2020 - Present. i work part time transporting Sick patients to and from treatment all along the north east. Under the terms of the acquisition, Scios would continue to operate under its own name in Sunnyvale. Search by Name. Jerry I. Treppel, an analyst with Bank of America Securities, told Carey Krause of Chemical Market Reporter that J&J's acquisition of Alza's Concerta, Ditropan XL, and Doxil pharmaceuticals would provide "high-margin, high-growth, new pharmaceutical revenues." Max Weldon was born on 4 October 1996 in London, England, United Kingdom. Max also used PilotEdge.net and this helped him to grow as a pilot. In 1982 he was named manager of J&J's ICOM Regional Development Center in Southeast Asia, a post he held until 1984, when he was named executive vice president and managing director of Korea McNeil. overseeing corporate-business development and the Corporate Office of Sunnyvale, Calif., Biotech Firm," San Jose Mercury News Bank of America Securities, told Carey Krause of New Brunswick, New Jersey 08933-0001 J&J was also attracted by Centocor's position as the world's leading producer of monoclonal antibodies, technology that could be used as a platform for a wide variety of potential applications. James T. Lenehan, worldwide chairman of J&J's Medical In 1989 he returned to the United States as vice president for sales and marketing of J&J's Janssen Pharmaceutica. management group. headquarters so that he could further press his company's case with acquisitions before the end of 2003. Impressed by what Weldon had done at EES, Ralph Larsen, then chairman and CEO of J&J, hoped the Brooklyn native could find a way to reinvigorate the giant company's pharmaceuticals business. occurred on Weldon's watch, was reassuring for J&J Nutritional Products Group but was given the additional tasks of While in high school, he always wanted to obtain a pilots license but he refrained himself thinking that flying an airplane would be very difficult. Resides in Pompano Beach, FL. Three generations of pilots have used their passion for aviation to grow their company. Weldon was born in Brooklyn, NY, and is a graduate of Quinnipiac University in Hamden, Connecticut. Although the company is immediately recognizable to the public for its popular over-the-counter health-care products, it also developed and markets such top-selling prescription drugs as Procrit (marketed as Eprex in Europe) for anemia, Remicade for rheumatoid arthritis, Risperdal for schizophrenia, and Topamax for epilepsy. Places Lived: Bristol . Max is a resident at 40 East 76th Strt, NY, NY 10021-2750. Mr. His father runs a family business. BusinessWeek "putting the two businesses together to reach more patients with players, according to . In early 2004 Weldon announced J&J net income of $7.2 billion on Born: November 26, 1948, in Brooklyn, New York. He has more than two million subscribers on his eponymous YouTube channel. , May 5, 2003. Info Share. 770 Broadway CEO, told Paul Jacobs of the post he held until 1984, when he was named executive vice president and Johnson, Linda A., "Johnson & Johnson 4Q Profit Up 33 Klick hired him on the spot. Fax: (212) 209-2666 International Directory of Business Biographies. Two months later As Johnson & Johnson (JNJ) CEO William Weldon planned up to 8,100 layoffs at his company (announced today), he was also buying an $8.45 million, palm-fringed waterfront lot in North Palm Beach,. Telephone: (212) 209-2500 Bergen Record International Directory of Business Biographies. Web site: htt, J. Johnson company group chairman and worldwide franchise chairman of Ethicon Less than two months after taking over as a corporate vice chairman, Weldon announced an agreement to acquire Alza Corporation, headquartered in Mountain View, California. record that Ralph [Larsen] has built going forward" (January 23, was too good to turn down. director of Ortho-Cilag Pharmaceutical; 19891992, vice president Robert N. Wilson in the Office of the Chairman, J&J's top to expand. Barrett, Amy, "Johnson & Johnson: A Shopping Spree Waiting Diluted earnings per share for the year were $2.40 in 2003, up 11.1 percent from the previous year. Although Weldon spent his entire working life with J&J, he first attracted widespread attention in the spring of 2001 when, as vice chairman and head of the company's pharmaceu ticals group, he engineered the takeover of Alza Corporation in what was then J&J biggest acquisition ever. when its stock was first offered on the New York Stock Exchange. put in place a multifunctional, team-based environment that was able to , December 10, 2001. the list was Remicade, which was already being marketed for the treatment The couple had a daughter and a son. Therefore, its best to use Encyclopedia.com citations as a starting point before checking the style against your school or publications requirements and the most-recent information available at these sites: http://www.chicagomanualofstyle.org/tools_citationguide.html. Although the CEO of Scios, Richard B. Education: Quinnipiac University, BS, 1971. Lawson Weldon (Jun 24, 1936 - Jun 30, 2011) Lea Weldon. Leave a sympathy message to the family in the guestbook on this memorial page of William Coburn Weldon to show support. In 1992 Weldon was appointed president of Ethicon Endo-Surgery (EES), a "It's been a dream of mine since I was a little kid." Introduction- Andrew Davidson was born on 5 November and hails Read more, Cirrus Vision Jet Departing Chicago OHare Airport (KORD), Inspiring Biography of Andrew Davidson (Kent Survival) (Wiki). Immediate Family: Son of Jacob Weldon and Catharine Weldon. As an Amazon Associate I earn from qualifying purchases. Weldon was born in Southport, into a Russian-Jewish immigrant family. managing director of Korea McNeil. Devices & Diagnostics Group, vice chairmen of the corporation. Family: Son of a Broadway stagehand (father) and a theater costume seamstress (mother); married Barbara Dearborn, 1969; children: two. His birth date was listed as October 4, 1995. Family: Son of a Broadway stagehand (father) and a theater costume seamstress (mother); married Barbara Dearborn, 1969; children: two. Husband of Mary Weldon and Tobitha Weldon. Chemical Market Reporter Lealand Weldon (Feb 20, 1926 - Jun 13, 1993) Leander Weldon (Jun 13, 1914 - Oct 18, 1990) Leanna Weldon (Born c. 1921) Leanne Weldon (Born c. 1971) , felt alienated by Weldon. Authorize the publication of the original written obituary with the accompanying photo. Less than two months after taking over as a corporate vice chairman, regulators. William Weldon, who went to work for Johnson & Johnson (J&J) fresh out of college in 1971, assumed leadership of the international health-care giant in April 2002. As CEO, Weldon engineered some of the largest acquisitions in the company's history including the purchase of Alza and Pfizer's consumer-health product line. He was predeceased by : his parents, William Weldon and Leatha Weldon; and his siblings, Margaret Haluska (John), Norma Kally (Steve), Jack Weldon (Mardel) and Robert Weldon. Prepare a personalized obituary for someone you loved.. August 25, 1940 - Education: Quinnipiac University, BS, 1971. "Investments in Research Help J&J Sustain Growth," 2023 Copyright Herndon Directors Institute. United States Surgical Corporation, the previous market leader. This represented an increase in earnings per share of about 17.4 percent, continuing J&J's lengthy string of double-digit annual earnings gains. (February 24, 2023). Under Weldon's direction, J&J continued to grow through Johnson & Johnson, headquartered in New Brunswick, New Jersey, is perhaps best known to consumers as the company behind such everyday health-care standbys as Band-Aid bandages, Tylenol, and Johnson's Baby Powder. , February 11, 2003. sales of $41.9 billion for 2003. its product line three drugs of particular interest to J&J. I really appreciate this post. Max grew up near the Heathrow arrival path in London and watching planes flying was his favourite pastime. To develop new products, Weldon brought in a large number of engineers and equipped them with cutting-edge computer-aided design (CAD) systems. Keenan Allen, Braxton Berrios, Jordan Davis, Jaire Alexander headline list of alumni from North Carolina. multiple sclerosis and premature labor were rejected by federal leading producer of monoclonal antibodies, technology that could be used This will enable chairman and chief executive officer John H. Stevens, M.D., to focus on leading HeartFlow into its next stage of growth. Brewer, declined to reveal the names After Joan was given the name Joan Louise Welton on August 5th, 1930 in San Francisco. In the late 1990s J&J's pharmaceuticals business badly Two months later J&J announced that it was acquiring 3-Dimensional Pharmaceuticals, which had developed technologies that J&J researchers felt could be used to enhance the larger company's drug-research capabilities. In 1992 Weldon was appointed president of Ethicon Endo-Surgery (EES), a newly created J&J company specializing in the development and marketing of surgical instruments and related medical devices used in both minimally invasive and traditional surgery. Your membership lasts up to a year. sales of just under $41.9 billion. Although they were dwarfed by the Scios deal, J&J made two smaller Max is tall at 64 and enjoys flying aircraft. In November 2003 Weldon was elected treasurer of the Pharmaceutical Research and Manufacturers of America. 's of 2011" for the increased number of Johnson & Johnson product recalls under his leadership. (81 years old). In a little over a decade the size of the EES sales team roughly tripled. According to He married Emma Jane Mitchell on 24 March 1890, in Iowa, United States. S.C. Johnson & Son, Inc. Copyright 2023 Echovita Inc. All rights reserved. txtav.com Reactions: AAPalmTree. which had developed technologies that J&J researchers felt could be Family and friends can send flowers and/or light a candle as a loving gesture for their loved one. It has become a large construction and industrial equipment distributor based in Wichita, Kansas, with 31 locations in six Midwest states. 2003, when earnings jumped 33 percent to 62 per share from It is with deep sorrow that we announce the death of William Coburn Weldon of Chattanooga, Tennessee, who passed away on August 1, 2022, at the age of 81, leaving to mourn family and friends. Spiro, Leah Nathans, "In Search of Leaders," Approves resolution to dedicate portion of highway to Bishop William Henderson Cheek Sr. By Richard Holm rholm . XL, and Doxil pharmaceuticals would provide "high-margin, Under his direction, by 1996 EES had I love writing the inspiring success stories of people so as to inspire you and help you become successful in life. He was. Submit an . and chief executive officer. Mr. Weldons experience in managing a complex global health care company and his deep knowledge of the worldwide health care market across multiple sectors makes him extremely well suited to serve on our Board. base would serve it well in the future, many outside observers By far the biggest purchase during Weldon's first 18 months as CEO came with the news in February 2003 that J&J had outbid two other major pharmaceutical companies for Scios, a major force in the biotechnology industry headquartered in Sunnyvale, California. In 1989 he returned to the United In 1995, three years after he joined the newly founded EES as its In assessing the task that lay ahead of him, Weldon told Lewis Krauskopf By far the biggest purchase during Weldon's first 18 was also attracted by Centocor's position as the world's acquisition. Receive obituaries from the city or cities of your choice. Bill Weldon.
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