---
schema_version: "secwatch.filing_event.v1"
accession: "0000200406-22-000004"
form_type: "8-K"
ticker: "JNJ"
cik: "0000200406"
company_name: "JOHNSON & JOHNSON"
filed_at: "2022-01-06T23:59:59+00:00"
generated_at: "2026-06-27T20:21:56.361994+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# J&J CEO transition effective Jan 3: Duato CEO, Gorsky Exec Chairman; comp details disclosed

## Summary
- Joaquin Duato assumes CEO and Board member roles as of Jan 3, 2022; Alex Gorsky becomes Executive Chairman.
- Duato's base salary set at $1.5M, annual incentive target 175% ($2.625M), LTI target 820% ($12.3M) of base.
- Gorsky's base salary reduced to $1.4M, annual incentive target 150% ($2.1M); no future LTI awards for exec chairman role.
- Changes approved by Board on Jan 4, 2022; Duato gets no additional compensation for Board service.
- CEO succession was previously announced on Aug 19, 2021; this filing formalizes compensation adjustments.

## SEC filing metadata
- accession: 0000200406-22-000004
- form_type: 8-K
- ticker: JNJ
- cik: 0000200406
- company_name: JOHNSON & JOHNSON
- filed_at: 2022-01-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/200406/000020040622000004/0000200406-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/200406/000020040622000004/jnj-20220106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000200406-22-000004
- JSON: https://secwatch.observer/filing/0000200406-22-000004.json
- Plain text: https://secwatch.observer/filing/0000200406-22-000004.txt

## Key facts
- Executive change
  Alex Gorsky changed role as Executive Chairman at JOHNSON & JOHNSON.
  - Action: transitioned to
  - Role: Executive Chairman
  source text: Alex Gorsky, previously Chairman and CEO of the Company, transitioned to Executive Chairman of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/200406/000020040622000004/0000200406-22-000004-index.htm
- Executive change
  Joaquin Duato was appointed as Member of the Board of Directors at JOHNSON & JOHNSON.
  - Action: appointed
  - Role: Member of the Board of Directors
  source text: has been appointed as a member of the Company’s Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/200406/000020040622000004/0000200406-22-000004-index.htm
- Executive change
  Joaquin Duato changed role as Chief Executive Officer at JOHNSON & JOHNSON.
  - Action: assumed role
  - Role: Chief Executive Officer
  source text: Joaquin Duato, previously Vice Chairman of the Company’s Executive Committee, assumed the role of Chief Executive Officer (“CEO”) of the Company and has been appointed as a member of the Company’s Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/200406/000020040622000004/0000200406-22-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.