Johnson & Johnson has announced Kristen Mulholland as its new Chief Human Resources Officer (CHRO). This decision follows the upcoming retirement of Dr. Peter M. Fasolo, who has held the position of Executive Vice President and CHRO for over a decade. Mulholland’s appointment will take effect in October 2024.
A Proven Leader at Johnson & Johnson
Mulholland brings nearly 20 years of experience within Johnson & Johnson to her new role. She has held numerous leadership positions across the company’s corporate services, global functions, and MedTech and Innovative Medicines sectors. Her most recent role was as Head of Human Resources, Global Total Rewards & Enterprise HR Functions, where she was instrumental in guiding the Compensation & Benefits Committee and played a crucial part in the successful separation of J&J’s consumer business to form Kenvue.
Mulholland will work closely with Dr. Fasolo until his retirement at the end of this year, ensuring a smooth transition. As part of her new role, Mulholland will also join Johnson & Johnson’s Executive Committee, solidifying her influence over the company’s human capital strategy moving forward.
Joaquin Duato, Chairman and CEO of Johnson & Johnson, expressed his confidence in Mulholland’s leadership. “Kristen’s depth of experience and strong leadership will ensure that Johnson & Johnson’s human capital strategy is well-positioned to deliver innovative, future-ready talent,” said Duato. He highlighted her “Credo-based approach” as key to advancing J&J’s culture and operating model.
A Vision for the Future
Mulholland’s appointment is expected to drive forward the company’s goal of advancing healthcare solutions for patients worldwide. With her extensive background in HR leadership and deep business acumen, she balanced to play a critical role in shaping the company’s future, particularly in navigating the rapidly changing healthcare industry.
Looking Ahead
As Johnson & Johnson continues its leadership transition, the appointment of Kristen Mulholland marks a crucial moment for the company’s workforce and organizational culture. The smooth transition period between Dr. Fasolo and Mulholland will help ensure stability while adopting fresh perspectives.
Ready to transform your workforce with leadership that inspires innovation? Stay ahead with YourTechHR for a future-driven workforce.
