business news in context, analysis with attitude

• Johnson & Johnson named Sandra E. Peterson, the chairwoman and chief executive of Bayer CropScience, to be its new consumer health group worldwide chairwoman and will be responsible for overseeing consumer companies.

According to the New York Times, Peterson "will be responsible for the company’s consumer units, which are responsible for some of Johnson & Johnson’s best-known products, like Band-Aid and Tylenol, but which are also still working to return popular brands to the shelves after a series of embarrassing recalls. Johnson & Johnson is under a consent decree with the Food and Drug Administration in which it has promised to overhaul operations at the three manufacturing plants that make its over-the-counter products."
KC's View: