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

Feb 24, 2020 / 05:30PM GMT
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

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot