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Johnson & Johnson logoJohnson & Johnson JNJ

The company said Peter M. Fasolo, Executive Vice President and Chief Human Resources Officer, will retire. He will step down as CHRO and from the Executive Committee effective October 1, 2024 and will leave the company at the end of the year.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said Peter M. Fasolo, Executive Vice President and Chief Human Resources Officer, will retire. He will step down as CHRO and from the Executive Committee effective October 1, 2024 and will leave the company at the end of the year.

  2. Johnson & Johnson said Kristen Mulholland will become Chief Human Resources Officer effective October 1, 2024 and will also be appointed to the Executive Committee. It said she and Fasolo will work together during a transition period until his retirement at the end of the year.

  3. The company said Fasolo joined in 2004 as Worldwide Vice President, Human Resources in the MedTech segment and served as Chief Talent Officer. He became CHRO and a member of the Executive Committee in 2010 and has provided 16 years of leadership and service.

  4. The company said Mulholland has been with Johnson & Johnson since 2005. Her most recent role was Head of Human Resources, Global Total Rewards & Enterprise HR Functions, and she played a role in the separation of the consumer business to form Kenvue.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Peter M. Fasolo to Retire as CHRO

The company said Peter M. Fasolo, Executive Vice President and Chief Human Resources Officer, will retire. He will step down as CHRO and from the Executive Committee effective October 1, 2024 and will leave the company at the end of the year.

Source · Based on the filing body and exhibits

Kristen Mulholland Named CHRO

Johnson & Johnson said Kristen Mulholland will become Chief Human Resources Officer effective October 1, 2024 and will also be appointed to the Executive Committee. It said she and Fasolo will work together during a transition period until his retirement at the end of the year.

Source · Based on the filing body and exhibits

Fasolo's Career at J&J

The company said Fasolo joined in 2004 as Worldwide Vice President, Human Resources in the MedTech segment and served as Chief Talent Officer. He became CHRO and a member of the Executive Committee in 2010 and has provided 16 years of leadership and service.

Source · Based on the filing body and exhibits

Mulholland's Career at J&J

The company said Mulholland has been with Johnson & Johnson since 2005. Her most recent role was Head of Human Resources, Global Total Rewards & Enterprise HR Functions, and she played a role in the separation of the consumer business to form Kenvue.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.