Johnson & Johnson (BSP:JNJB34)
R$ 60.12 0 (0%) Market Cap: 2.18 Til Enterprise Value: 2.27 Til PE Ratio: 24.52 PB Ratio: 5.08 GF Score: 76/100

United Parcel Service Inc, Johnson & Johnson, and Guardian Life Insurance Co at CECP CEO Investor Forum Transcript

Feb 24, 2020 / 05:30PM GMT
Release Date Price: R$44.03
Joaquin Duato
Johnson & Johnson - Vice Chairman of Executive Committee

Thank you, and bon appetit, everyone. As Daryl has said, I'm standing in for Alex Gorsky, who is the CEO of Johnson & Johnson. And when I joined Johnson & Johnson more than 30 years ago -- I'm not a millennial -- I was not thinking about the purpose. I was thinking about having a good job and being able to show my parents that the investment in my education has been worth something. But I landed in the right place because I landed in a company that did have a purpose and use their purpose in their business. A demonstration that we did have a purpose is that our credo, which is the statement that shows that we need to take care of our 4 constituents, consumers and patients, employees, communities and shareholders, was issued for the first time in 1943, so 77 years ago. So it runs deep in a company like Johnson & Johnson. And during this period, we have had 57 years of consecutive dividend increases and 36 years of consecutive earning increases. So it shows a good connection between purpose and results. And that's part of

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