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J&J CEO: Company Will Bounce Back, Despite ‘Disappointing Recalls’

NEW BRUNSWICK, N.J. — Johnson & Johnson’s chief executive told shareholders at their annual meeting Thursday that the company will come back “stronger than ever” after addressing quality problems that resulted in an astounding string of pro…

NEW BRUNSWICK, N.J. — Johnson & Johnson’s chief executive told shareholders at their annual meeting Thursday that the company will come back “stronger than ever” after addressing quality problems that resulted in an astounding string of product recalls.

William Weldon, who became CEO in 2002, said the series of “disappointing recalls” troubled him and employees and meant thousands of parents could not get medicines they needed for their children.

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