Drugstore operator CVS Caremark Corp.'s board of directors has elected former Johnson & Johnson Chairman and CEO William C. Weldon to join the board.
The Woonsocket, R.I., company late Friday said that Weldon's experience in managing a complex health care company and his knowledge of the global health care market made him a good fit.
Weldon, 64, retired as J&J CEO about a year ago and left the board in December. The New Brunswick, N.J., company makes an array of products, including prescription drugs like the attention deficit treatment Concerta and consumer products such as No More Tears shampoo.
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