He has submitted his resignation and will effective at the end of March. I can guarantee this is not a fun job right now with the recalls and all the issues the DePuy division has faced. He’s an executive in charge of running a failing implant 
division, and personally he did not create the units, nor did he implant any of them but it’s his bowl of wax, well at least until the end of the month. Sometimes when in positions as such with recalls and failures, you might wonder does anyone really want that job? I wouldn’t as you are not going to be able to please very many people and opinions at all. In the meantime if one company can’t make an implant that works, maybe go buy another, at least that is what it looks like with recent news.
Johnson and Johnson Set to Make Another Offer To Smith & Nephew-Going After One More Orthopedic Acquisition in the UK Meanwhile Consumer Confidence Is Limited
This one was already announced as a buy out.
Johnson and Johnson Company, DePuy Orthopedics Acquires Finsbury Orthopaedics from the UK
The reason for leaving is cited as pursuing interests outside the company and again if I were in that pressure cooker it would sound like good reasoning to me. BD
Johnson & Johnson said Friday that the worldwide president of its DePuy Orthopaedics division, a maker of artificial hips and knees that has struggled with product recalls and lawsuits over faulty implants, is leaving the company. The executive, David Floyd, submitted his resignation last week and will leave at the end of March, a spokeswoman said.
Johnson & Johnson Implant Unit Executive Resigns - NYTimes.com
DePuy hip recall lawyers can help you out. They are the ones who will make sure that your rights are always protected. Seek their valuable help right away.
ReplyDeleteChoosing the right lawyers is nonetheless important when seeking compensation for the injuries associated with the faulty implants. Documents, testimonies, receipts and doctor's appointment records are usually needed to pursue the case. To know more about your rights, I suggest you visit the depuy asr hip replacement lawsuits page for more details.
ReplyDeleteI've read a lot of articles about the DePuy's defective hip implant. It's so sad that thousands of people will have to endure unnecessary risks because of this.
ReplyDeleteTim @ depuy asr recall
If I know correctly J&J had several recall over the past few years, besides the Depuy hip recalls. However the most publicly discussed are the Depuy hip replacement system recalls, implants which are know for causing serious complications for several people. Despite the recalls the company doesn't seem much affected, based on their share prices. Maybe the company's CEO knew that darker days are ahead and opted for an "elegant" step back in the right time.
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