TRENTON, New Jersey (AP) — Johnson & Johnson’s longtime CEO, Bill Weldon, is retiring this April, following an embarrassing string of product recalls over more than 2 years that has cost the health care giant hundreds of millions of dollars and consumer trust. The maker of Band-Aids and biotech drugs said Tuesday that Weldon will remain chairman of the board for the time being, while ceding the chief executive post to Alex Gorsky, head of the medical device and diagnostics business. The official transfer will be on April 26, the day of the company’s next annual shareholders meeting. Weldon, 63, …
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