FOR IMMEDIATE RELEASE
(732) 868-0000 x118
September 8, 2016
Johnson & Johnson’s Dominic Caruso, CFO
To be Honored at CFO Studio Magazine Reception
SOMERSET, NJ – Dominic Caruso, Executive Vice President and Chief Financial Officer of Johnson & Johnson, will be the guest of honor at a reception on September 15 at 6:00 p.m. at the Heldrich Hotel in New Brunswick, NJ, where the global health care company is headquartered. Caruso is featured in the cover story of the Q4 2016 issue of CFO Studio magazine.
In the article, Caruso tells of his reliance on a set of principles written in 1943 when he makes decisions about ethical matters to this day. Caruso recalls one instance where he approved a “gut-wrenching” decision to withdraw a product from the market because tests showed that a competitor’s design was a safer choice for patients. The decision cost the company dearly but was the right way to act, Caruso says. In fact, it was made “easy” by the principles referred to as “Our Credo.”
Asked about the usefulness to his company of having such a moral compass, Caruso is quoted as saying, “What Our Credo does for us is to require us to always stop and think, reflect, not to be simply reactionary to current developments, but to be grounded in our decision-making.”
A highlight of the reception will be a brief talk by Caruso, who has been with J&J since 1999. He became CFO of J&J in 2007. At that time the stock price was around $50. Today it hovers around $120.
The reception will be held at 6:00 p.m. on Thursday, September 15, at the Heldrich Hotel, 10 Livingston Avenue, New Brunswick, NJ. Attendance is limited. To request an invitation, please contact Lorenz.Capalad@CFOstudio.com or phone: 732-868-8000 x118.
CFO Studio, which is published quarterly by CFO Studio of Somerset, NJ, will release its Q4 issue, featuring business profiles and strategic advice for New Jersey, New York, Pennsylvania, and Chicago-area CFOs, during the week of September 15.
About CFO Studio
CFO Studio and CFO Studio magazine deploy the best of new and traditional media to promote finance executives as business and strategy thought-leaders. The magazine, published quarterly by CFO Studio and underwritten by great promotional partners, features business profiles and strategic advice for CFOs in the New York, New Jersey, and major metropolitan areas including Philadelphia and Chicago. Andrew Zezas is the host of CFO Studio and the Publisher of CFO Studio magazine. The company’s third annual CFO Innovation Conference & Awards will be held in spring 2017. Nominations are now open at www.CFOstudio.com
Visit www.CFOstudio.com to watch interviews with New Jersey area CFOs, and to register for Executive Dinner events in New Jersey, Manhattan, Philadelphia, Chicago, and San Francisco, and for the CFO Breakfast Learning Series. All events are available to CFOs at no cost. To read articles that have appeared in CFO Studio magazine, or for subscriptions and advertising opportunities, visit www.CFOstudio.com