This is INDEPENDENT, AD-FREE work that you are certainly NOT going to see in conventional media.
Please help keep JohnsonAndToxin ad-free, online and me working to expose Johnson & Johnson and their 275+ subsidiaries for the benefit of every man, woman and child on the planet - and that INCLUDES YOU and the ones YOU love.
NOTE: November 18,2017:
HAVE NOT HAD A GIFT OF SUPPORT SINCE SEPTEMBER 26, 2017.
I CANNOT AFFORD THIS ENTIRE PROJECT ALONE.
The site ended up going down for two days because I was late with last months' hosting fees. I can't come up with enough money again this month for the hosting fees due on November 26. Without financial support, the site and all content will likely go down again.
PLEASE, PLEASE HELP...
Okayyy, how about the high cost of healthcare? R&D? Yeah, right.
Keywords: jnj, johnson and johnson, compensation, J&J, Weldon, CEO, pay, salary
Date Created/Edited: May 11, 2012
Johnson & Johnson CEO Bill Weldon retired with $143.5 million, but is still on the board collecting $1 million in salary for 2012 - a pay cut of almost half of his 2012 base salary of $1.97 million (poor thing). However, he received almost $30 million in total compensation for 2011 with a base salary of $1.92 M and bonuses. How many of you receive more than 14 *times* your base salary in your annual bonus package?
With the cost of health care expected to be more than half the average salary in less than 10 years, according to TIME Business, ridiculous compensation packages just might, possibly, be one of the main reasons.
How many of you want to just give Bill Weldon and the other J&J execs half of your paychecks now?
1. Emily Patterson (2012, March 22). William Weldon's $143.5 million Retirement Package. Johnson and Toxin. Retrieved from http://www.johnsonandtoxin.com/william_weldon_retirement_package.shtml
2. M. Joy, Hayes (2013, May 7). 1 Way This Company Limits Long-Term Value. Motley Fool. Retrieved from http://www.fool.com/investing/general/2013/05/07/1-way-this-company-limits-long-term-value.aspx?source=isesitlnk0000001&mrr=0.33
3. Alyce Lomax (2012, March 28). Sick Stuff in CEO Pay. Motley Fool. Retrieved from http://www.fool.com/investing/general/2012/03/28/sick-stuff-in-ceo-pay.aspx
4. Peter Loftus (2012, February 24). J&J CEO gets 55% increase in bonus for 2011. MarketWatch. Retrieved from http://www.marketwatch.com/story/jj-ceo-gets-55-increase-in-bonus-for-2011-2012-02-24
5. David Futrelle (2012, March 23). Will the Cost of Health Insurance Eventually Eat Up Your Entire Paycheck? Study Says Yes.. TIME. Retrieved from http://business.time.com/2012/03/23/will-the-cost-of-health-insurance-eventually-eat-up-your-entire-paycheck-study-says-yes/#disqus_thread