AJOT Digital Edition
Issue #587

Cover of issue-587.png

Project Cargo / Heavy Lift Bi-Annial

South Carolina Ports

View Issue #587 Now!

2014 Media Kit
  • Share this article:

J&J puts Chinese businesses under one chairman there

By: | at 12:56 PM | Channel(s): International Trade  

‚ÄčThe diversified healthcare company said Jesse Wu, who has been worldwide chairman of the consumer business, would become chairman of J&J China. Wu will report to J&J Chairman and Chief Executive Alex Gorsky.

The three Chinese operations have been reporting to separate business heads in the United States.

The reorganization comes at a time when pharmaceutical companies are in the spotlight there after the Chinese government began investigating bribery accusations against British drugmaker GlaxoSmithKline.

A J&J spokesman said that the company’s move, while aimed at increasing sales in China, would also add additional oversight to the “whole enterprise” there.

He said that he was unaware of any current investigations of J&J in China by regulators or authorities there. (Reuters)