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Johnson & Johnson CFO to retire; successor named

Johnson & Johnson appointed Joseph Wolk as executive vice president and CFO after Dominic Caruso announced plans to retire from the positions.

Caruso, who was named CFO in 2007, will retire from the company in September 2018, while Wolk's appointment is effective July 1.

Wolk is currently the vice president of investor relations and has been with Johnson & Johnson for 19 years.