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July 19 (Reuters) – JPMorgan Chase & Co mentioned on Tuesday Alex Gorsky, former chief government officer of Johnson & Johnson (JNJ.N), has been elected as a director of the financial institution.
Gorsky had helped set up J&J as a serious participant within the uncommon illnesses market and led the event of the healthcare big’s first single-shot COVID-19 vaccine.
As CEO, Gorsky additionally needed to steer the corporate by means of some high-profile crises, together with allegations that its Child Powder contained cancer-causing asbestos and litigation that alleged it contributed to the opioid epidemic in america.
Gorsky, at the moment an government chairman at J&J, had handed over the reins in January this 12 months after nearly a decade on the function.
His appointment at JPMorgan is efficient instantly, the corporate mentioned. He additionally sits on the boards of Apple Inc (AAPL.O) and IBM Corp .
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Reporting by Niket Nishant in Bengaluru; Enhancing by Devika Syamnath
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