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This article was originally published in The Gray Sheet

Executive Summary

J&J CFO to retire: Johnson & Johnson CFO Robert Darretta announces plans to retire early next year, ending his 38-year tenure with the firm. Daretta is credited with guiding capital-efficient, profitable growth throughout each of the J&J divisions, the Oct. 6 announcement says. As vice chairman of the board since 2004, Darretta has assisted in the development of new procurement practices. Current VP-Group Finance Dominic Caruso will take over as CFO, effective Jan. 1. Caruso joined J&J in 1999 through its acquisition of Centocor...

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