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J&J Shakes Up Oversight Of McNeil Consumer Healthcare Unit Again: WSJ

Johnson & Johnson (JNJ) is commoving oversight of McNeil Consumer Healthcare unit once again naming new leadership, Wall Street Journal reported.

The Journal reported that Johnson & Johnson is replacing two company group chairmen who held key roles. Patrick Mutchler, who was in charge of overseeing the McNeil Consumer Healthcare unit last April, is retiring. His duties will be assigned to Roberto Marques, head of Johnson & Johnson's consumer businesses in North America.

Also, according to the reports, Pericles Stamatiades, who was the chief strategist for Johnson & Johnson's consumer businesses since last spring's revamp, will also leave the company.

by RTTNews Staff Writer

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