From the PharmaGossip blog via Bloomberg's, retiring J&J CEO William C. Weldon will receive a retirement package worth $143.5 M -- yes -- that's GREENBACKS.
And that's why this man is smiling today. That's a long way from the pay he received as a sales rep back in 1971 when he joined the company. Wow! Just think what he might have earned if J&J had been able to make artificial hips, otc medicines and vaginal mesh products over the past couple years.
Then we might have been talking some real money.
Posted by Bruce Lehr Mar 14th 2012.
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Posted by: Josh | 03/15/2012 at 10:18 AM
More on this from the Pharmalot blog
http://www.pharmalot.com/2012/03/jj-ceo-weldon-gets-1435m-for-retirement/
Posted by: bigredbruce | 03/15/2012 at 08:40 AM