William C. Weldon

William C. Weldon is the CEO of Johnson & Johnson. He was paid $28.7 million in 2010. In 2010, Johnson & Johnson had a Gross Profit of $42.8 billion and a Net Earnings of $13.3 billion.


 * Director, JP Morgan Chase

Ties to the American Legislative Exchange Council
Johnson & Johnson is a member of the American Legislative Exchange Council (ALEC) and a representative is serving on the ALEC Private Enterprise Board and Health and Human Services Task Force.

Background
Johnson & Johnson is an international health care and pharmaceutical company based in New Jersey. It manufactures a variety of prescription medications and health care products as well as over-the-counter drugs, personal care products and food additives. Johnson & Johnson operates 250 companies in 60 countries. Brands and products include: OneTouch glucose testing, Acuvue contacts, Listerine, Aveeno, Neutrogena, Neosporin, RoC, Band-aid, Tylenol, Splenda, Carefree and Visine. They also sell prescription drugs and medical supplies including Cordis and Ethicon.

In 2010, Johnson & Johnson spent over $6 million on lobbying. They also lobbied for over 100 bills.

In 2010, the PAC spent $1.1 million on federal campaign contributions. House Republicans received $185,000 and House Democrats received $266,500. Senate Republicans received $36,000 and Senate Democrats received $67,000.