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J&J Chief To Receive $143 Million Farewell.
- Source :
-
Wall Street Journal - Eastern Edition . 3/15/2012, Vol. 259 Issue 61, pB1-B2. 2p. 1 Color Photograph. - Publication Year :
- 2012
-
Abstract
- The article reports that current chairman and chief executive William Weldon of drug company Johnson & Johnson will begin receiving benefits and deferred compensation valued at over $143 million once he leaves the company. Of that figure, $48.4 million represents accrued pension benefits. A company spokesman said Weldon earned his benefits during a long career with Johnson & Johnson, which began in 1971.
- Subjects :
- *EXECUTIVE compensation
*CHIEF executive officers
*RETIREMENT benefits
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 259
- Issue :
- 61
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 73317828