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Former Johnson & Johnson CEO Burke Dies at 87

Former Johnson & Johnson (JNJ) Chief Executive James E. Burke died late Friday at the age of 87."Jim was a courageous leader, who defined the very essence of corporate and civic responsibility," Johnson & Johnson Chairman William C. Weldon said in a statement. "His passion and commitment to children and families benefited not only Johnson & Johnson, but our country as well."Mr. Burke spent 37 years at Johnson & Johnson, first starting out as a product director and then working his way up to president in 1973 and then chairman and CEO in 1976, a role in which he served until 1989.He led the company during the Tylenol poisonings in 1982 and 1986, where tampered capsules that had been made by Johnson & Johnson were laced with enough potassium cyanide to prove toxic.After retiring from Johnson & Johnson in 1989, Mr. Burke assumed the chairmanship of the Partnership for a Drug-Free America, a non-profit organization founded by the American Association of Advertising Agencies that aims to ch...

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