William C. Weldon
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William C. Weldon is the CEO of Johnson & Johnson. He was paid $28.7 million in 2010. In 2010, Johnson & Johnson had a Gross Profit of $42.8 billion and a Net Earnings of $13.3 billion.
- Director, JP Morgan Chase [1]
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Ties to the American Legislative Exchange Council
Johnson & Johnson is a member of the American Legislative Exchange Council (ALEC) and a representative is serving on the ALEC Private Enterprise Board and Health and Human Services Task Force. [2]
| About ALEC |
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ALEC is a corporate bill mill. It is not just a lobby or a front group; it is much more powerful than that. Through ALEC, corporations hand state legislators their wishlists to benefit their bottom line. Corporations fund almost all of ALEC's operations. They pay for a seat on ALEC task forces where corporate lobbyists and special interest reps vote with elected officials to approve “model” bills. Learn more at the Center for Media and Democracy's ALECexposed.org, and check out breaking news on our PRWatch.org site.
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Background
Johnson & Johnson is an international health care and pharmaceutical company based in New Jersey. It manufactures a variety of prescription medications and health care products as well as over-the-counter drugs, personal care products and food additives. Johnson & Johnson operates 250 companies in 60 countries. Brands and products include: OneTouch glucose testing, Acuvue contacts, Listerine, Aveeno, Neutrogena, Neosporin, RoC, Band-aid, Tylenol, Splenda, Carefree and Visine. They also sell prescription drugs and medical supplies including Cordis and Ethicon.
In 2010, Johnson & Johnson spent over $6 million on lobbying.[3] They also lobbied for over 100 bills.[4]
In 2010, the PAC spent $1.1 million on federal campaign contributions. House Republicans received $185,000 and House Democrats received $266,500. Senate Republicans received $36,000 and Senate Democrats received $67,000.[5]
Articles and resources
Related SourceWatch articles
References
- ↑ JP Morgan Board, organizational web page, accessed September 24, 2012.
- ↑ Private Enterprise Board, ALEC website, accessed July 7, 2011.
- ↑ Center for Responsive Politics, "Lobbying: Johnson & Johnson," OpenSecrets.org Lobbying Database, accessed June 25, 2011
- ↑ Center for Responsive Politics, "Johnson & Johnson: Bills Lobbied 2010," OpenSecrets.org Lobbying Database, accessed June 25, 2011
- ↑ Center for Responsive Politics, "Johnson & Johnson Contributions to Federal Contributions,Open Secrets.org Lobbying Database, accessed June 2011
