Joaquin Duato

Joaquin Duato is a prominent business executive and the Chairman and CEO of Johnson & Johnson.
Summary

Joaquin Duato is a prominent business executive and the Chairman of the Board and Chief Executive Officer of Johnson & Johnson, the largest and most diversified healthcare products company globally. With a strong focus on transforming and innovating healthcare solutions, Duato leads a global workforce in the Pharmaceuticals, MedTech, and Consumer Health sectors.

Having found inspiration in the positive impact of healthcare on patients' lives from an early age in Spain, Joaquin has dedicated over 34 years to Johnson & Johnson, gaining comprehensive experience across various business sectors, geographies, and functions. His extensive tenure within the company has provided him with a deep understanding of its capabilities and potential.

Before assuming the role of CEO in 2022, Joaquin served as Vice Chairman of the Executive Committee, where he provided strategic direction for the Pharmaceuticals and Consumer Health sectors, overseeing Information Technology and the Global Supply Chain. During the COVID-19 pandemic, he played a pivotal role in ensuring employee health and global supply chain continuity, ensuring critical medicines and products reached patients in need. Previously, as Worldwide Chairman, Pharmaceuticals, he successfully revitalized the sector by focusing on core therapeutic areas and addressing unmet medical needs.

Recognizing the power of technology in healthcare advancement, Joaquin has championed the integration of scientific expertise with artificial intelligence (AI) and machine learning within Johnson & Johnson. This approach accelerates the company's ability to tackle complex healthcare challenges and deliver innovative solutions to patients worldwide.

With dual citizenship in Spain and the United States, Joaquin possesses a global perspective that emphasizes the importance of diversity and inclusion. He actively supported the African Ancestry Leadership Council employee resource group and is committed to fostering an inclusive workforce that reflects the diverse patient population served by Johnson & Johnson.

Joaquin holds an MBA from ESADE in Barcelona, Spain, and a Master of International Management from Thunderbird School of Global Management in Phoenix, Arizona. Joaquin Duato's leadership and unwavering dedication to advancing healthcare make him a highly influential figure in the industry.

Biography

Joaquin Duato is a prominent business executive who currently serves as the Chairman of the Board and Chief Executive Officer of Johnson & Johnson, the world's largest and most diversified healthcare products company. With a career spanning over three decades, Duato has played a pivotal role in driving innovation and transformation in the healthcare industry.

Born and raised in Valencia, Spain, Duato's passion for healthcare was deeply rooted in his family background. His mother worked as a nurse, his grandfather was a paediatrician, and his grandmother was a pharmacist. This upbringing instilled in him a strong belief in the power of healthcare to improve people's lives.

Duato joined Johnson & Johnson in 1989, starting his journey with Janssen Pharmaceutica in Spain. Over the years, he held various leadership positions within the company and gained a comprehensive understanding of its operations across different sectors, geographies, and functions. His strategic vision and growth-oriented approach led to the successful turnaround of Johnson & Johnson's struggling pharmaceutical business in the early 2000s.

In 2011, Duato was appointed as the Executive Vice President and Worldwide Chairman of Pharmaceuticals, where he spearheaded the transformation of the sector into a global powerhouse. His focus on core therapeutic areas and unmet medical needs propelled the company's growth and innovation in pharmaceuticals. Later, as Vice Chairman of the Executive Committee, he provided strategic direction for both the Pharmaceuticals and Consumer Health sectors and oversaw Information Technology and the Global Supply Chain. Duato also served as interim Chief Information Officer, ensuring the company's efficient response to the challenges posed by the COVID-19 pandemic.

Recognizing the potential of technology to accelerate progress in healthcare, Duato emphasized the integration of scientific expertise with artificial intelligence (AI) and machine learning within Johnson & Johnson. This approach has enabled the company to address complex healthcare challenges with speed and efficiency, driving positive outcomes for patients worldwide.

With a deep appreciation for diversity and inclusion, Duato actively supported the African Ancestry Leadership Council employee resource group within Johnson & Johnson. He strived to build an inclusive workforce that reflects the diverse patient population the company serves.

In addition to his role at Johnson & Johnson, Duato has served on various boards, including the U.S. Spain Council, UNICEF USA, Tsinghua University School of Pharmaceutical Sciences, and the Hess Corporation. He has been recognized for his contributions to the healthcare industry and was ranked #3 on the NJBIZ Manufacturing Power 50 list in 2021.

Joaquin Duato holds a Master of Business Administration from ESADE Business School in Barcelona, Spain, and a Master of International Management from the Thunderbird School of Global Management in Phoenix, Arizona. He currently resides in Pennsylvania with his wife and has two grown children.

As the CEO of Johnson & Johnson, Duato is committed to creating a healthier future through transformative healthcare solutions, embracing technology, and fostering diversity and inclusion. His leadership and dedication have positioned him as a respected figure in the industry, driving positive change in the lives of patients worldwide.


Vision

Joaquin Duato, as the Chairman of the Board and Chief Executive Officer of Johnson & Johnson, has a clear vision for the company and the healthcare industry as a whole. He is dedicated to creating a healthier future by developing and delivering transformational and innovative healthcare solutions that address the world's most pressing medical challenges.

Duato believes in the power of science and technology to drive progress in healthcare. Under his leadership, Johnson & Johnson combines scientific expertise with cutting-edge technologies like artificial intelligence (AI), machine learning, and data science to confront complex healthcare issues with speed and efficiency. By leveraging these tools, the company aims to accelerate the development of new treatments, enhance patient care, and improve the overall quality of life.

In line with his commitment to diversity and inclusion, Duato aims to build a global workforce at Johnson & Johnson that reflects the diversity of the patients the company serves. He recognizes that diverse perspectives and backgrounds foster innovation and enable better decision-making. By cultivating an inclusive environment, Duato seeks to empower employees to bring their unique insights and experiences to the table, ultimately leading to more comprehensive and patient-centric healthcare solutions.

Duato's vision extends beyond Johnson & Johnson. As a leader in the healthcare industry, he aims to change the trajectory of health for the world. He believes that every individual has the power to contribute to a healthier future. By collaborating with stakeholders across the healthcare ecosystem, including healthcare professionals, researchers, policymakers, and patients, Duato seeks to drive systemic change and advance the delivery of high-quality, accessible, and affordable healthcare worldwide.

Through his vision and leadership, Joaquin Duato strives to make a lasting impact on global health. By fostering innovation, embracing technology, promoting diversity, and working collaboratively, he seeks to transform the healthcare landscape, improve patient outcomes, and create a healthier and more equitable world for all.


Recognition and Awards
Joaquin Duato has an extensive background serving on various boards and organizations. He is a board member of the U.S. Spain Council and has previously held positions on boards with UNICEF USA, Tsinghua University School of Pharmaceutical Sciences, and the Hess Corporation. He also served as the past chair of the Pharmaceutical Research and Manufacturers of America (PhRMA). In recognition of his contributions to the healthcare industry, Duato received the Healthcare Businesswomen's Association Honorable Mentor honoree title and held the position of EVP in 2017. Furthermore, he was ranked as the third most influential individual on the NJBIZ Manufacturing Power 50 list in 2021.

References
Joaquin Duato
Residence
New Brunswick, New Jersey, U.S.
Occupation
Chairman and CEO
Known for
Chairman and CEO of Johnson & Johnson, Pharmaceuticals, MedTech, Consumer Health
Accolades
Ranked #3 on the NJBIZ Manufacturing Power 50 list
Education
ESADE Thunderbird School of Global Management
Social Media
Wed Apr 24 2024
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