Shareholders criticize J&J management for lapses

Published April 25, 2013 9:59pm ET



Several Johnson & Johnson shareholders took the health care giant to task during its annual meeting Thursday, criticizing management for repeated product recalls, ethical lapses and excessive executive pay.

CEO Alex Gorsky responded that J&J is making progress in improving quality standards and efficiency and returning to stores “a reliable supply” of recalled consumer health products such as Tylenol and Motrin. Some have been out of stores for a few years, cutting into revenue.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.