J&J taps Bayer executive to serve as group worldwide chairman

NEW BRUNSWICK, N.J. — Johnson & Johnson has named a new group worldwide chairman.

The company said Sandra Peterson — who currently serves as chairman and CEO of Bayer CropScience AG, based in Europe — will have responsibility for the J&J consumer group of companies, information technology and global supply chain. She also will become a member of J&J's executive committee.

"Sandi Peterson is an experienced global leader known for her strategic thinking and proven track record in growing businesses," J&J CEO Alex Gorsky said. "She brings 25 years of experience to her new role, which will draw on her expertise in building fully integrated global businesses, and focusing on growth."

Peterson has held her current role at Bayer since 2010. Previously, she was president and CEO of Bayer Medical Care and president of Bayer HealthCare AG's diabetes care division. Prior to joining Bayer in 2005, Peterson spent five years in leadership roles at Medco Health Solutions, and also worked at Nabisco, Whirlpool and McKinsey & Co.

Currently residing in Germany, Peterson will be based at Johnson & Johnson headquarters in New Brunswick, N.J.

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