16 April 2019 - Deborah Wilkes
Johnson & Johnson (J&J) has appointed a new head of its Consumer division.
The company has promoted Thibaut Mongon to executive vice president, worldwide chairman of the Consumer division. He replaces Jorge Mesquita.
Mongon has been with J&J for 19 years, most recently serving as leader of J&J Consumer Asia-Pacific. The company said he had "led the transformation of this region into an engine of accelerated revenue growth by creating a vibrant pipeline of consumer-centric innovation".
"A champion of the relentless pursuit of new and better ways of working, he has empowered the organisation to embrace e-commerce and digital transformation," commented J&J, "and generated significant value through both external partnerships and strategic acquisitions."
J&J added that Mongon was a "seasoned global leader who has lived and worked on five continents across all three sectors of J&J in his 19 years at the company".
Mongon joined J&J in 2000 as director of marketing for the Vision Care group in France, and subsequently held general management positions as country manager France, Belgium and North Africa, managing director Latin America, and president Asia-Pacific. He moved to the Pharmaceutical division in 2012 as global commercial strategy leader for the neuroscience therapeutic area.
Prior to joining J&J, Mongon worked for Bormioli in Italy and Danone in France.
Performance of Consumer division
J&J is seeking to improve the performance of its Consumer division, which reported worldwide sales up by 2.2% on an operational basis to USD13.9 billion in 2018. This was an improvement on the full year of 2017 when sales rose by just 0.4% on an operational basis.
During 2018, the Consumer division reported mixed results. Sales were up by 1.3% on an operational basis in the first quarter of the year, dropped by 0.4% in the second quarter, rose by 4.9% in the third quarter, and increased by 3.3% in the fourth quarter.
Reporting its results for the first quarter of 2019, J&J said the Consumer division had recorded worldwide sales up by 2.2% on an operational basis to USD3.32 billion.
Excluding the impact of acquisitions and divestments, Consumer's worldwide sales rose by 0.7% on an operational basis.
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