Understanding Sarbanes-Oxley, What Is Different After May

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The Board carries out an annual review of its operations, including the functioning of its Committees. Caruso joined Johnson & Johnson in October 1999 as Chief Financial Officer for Centocor, Inc., with the completion of the merger of Centocor and Johnson & Johnson. While it is standard for directors to establish selection criteria for competencies, we believe it’s rare for them to discuss the character dimensions they expect in qualified candidates.

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