Alex Gorsky is an American businessman. He works as a chairman and chief executive officer in a renowned company known as Johnson’s & Johnson’s. He is working in another company called Executive Committee as a chairman.
Alex Gorsky’s net worth and salary statistics
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Alex Gorsky Net Worth:
The current net worth of Alex Gorsky is $112 million USD. This information was recorded on 2022. CEO Alex Gorsky net worth seems to be increasing with the passage of time.
Alex Gorsky Source of wealth:
Alex Gorsky’s main source of wealth is his company, Johnson & Johnson. He has been the CE since the year 2012. This involved a lot of hard work and determination.
Alex Gorsky salary:
The CEO of Johnson and Johnson’s salary is $ 25,365,800. There are many other executives working at Johnson & Johnson, but Alex Gorsky’s income is the highest among them all.
From where Alex Gorsky made most of his money?
Alex Gorsky has been very lucky in his trading among his various companies. According to a form 4 signed with security and exchange commission shortly known as SEC, Alex has done more than seventeen trades of the stock of his famous holding Johnson & Johnson since 2011. In this current year, he has exchanged 75,105 stocks of J & J worth $12,839,951. The main reason behind his success and where he made most of his money is his renowned company Johnson & Johnson. It is this company from where he made the largest trade by exchanging 264,465 stock units worth more than $ 16,499,971. Alex Gorsky has been regularly doing more than 19,257 stock unit trades every 2 months. This has been happening since 2009. If we take notice of the current situation, till 2022, he is the owner of a minimum of 507,924 stock units of his company Johnson & Johnson.
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Alex Gorsky Holdings:
- Introduction of the company
Johnson & Johnson is the top holding of Alex Gorsky, he has been the Director of this company since 2012. Johnson & Johnson is a health care company that works day and night to make people’s lives better. This company has been functional for the past 130 years and serves people with its phenomenal health care products. This company has the ambition to make people look fresh and younger than their age. This company is labeled as the world’s largest and most broad company. It aims to make our body as well as environment fresh and healthy. This company adds a scientific touch to the natural remedies of our daily life problems. This company is easily accessible through the internet and also very affordable. This company is continuously striving to make the life trajectory of humans to a higher level.
- Trading at Johnson & Johnson Company
Insider trading at J & J has been running for the past 18 years. There are many people that are working inside the company and buying the stock shares of the same company they are working in. If we talk about J & J, the insiders working in it have exchanged stocks worth almost $ 24,853,993. They have bought almost 21,998 units that have a worth of almost $ 2,578,685. The people who are regular at the trading include Hubert Joly, William C Weldon, and Anne M Mulcahy. After every 26 days, the directors, executives, and several other employees do trades inside J & J. This trade is usually worth $ 5,132,048. These inside trades make the company strong and increase the worth of the company. The latest stock exchange is done by Thibaut Mongon. He exchanged 7,145 units of the stocks, worth $ 1,221,509. This trade was done on February 12, 2021. Some of the names of people who have been doing inside trading at Johnson & Johnson are McEvoy Ashley, Kapusta Ronald A, Pruden Gray J, Mulcahy Anne M, Joly Hubert, and Prince Charles, etc.
- Alex Gorsky stock trades for Johnson & Johnson
The stock trades for Johnson & Johnson kept increasing from May 2011 to February 2021. The complete information of Alex Grosky’s trades is given below:
- In May 2011, Alex traded 73,800 shares having a worth of $66.21. After some time, the worth went up to $ 4,886,298. The after-share value became 78,879.
- In the year 2012, Alex traded 20,791 shares having a worth of $64,89. After some time, the worth went up to $ 1,349,128. The after-share value became 73,429.
- In Feb 2013, Alex traded 9,981 shares having a worth of $75.48. After some time, the worth went up to $ 753,366. The after-share value became 74,115.
- In the year 2014, Alex traded 12,058 shares having a worth of $ 94.74. After some time, the worth went up to $ 1,142,375. The after-share value became 81,579.
- In the year 2015, Alex traded 42,112 shares having a worth of $ 99.78. After some time, the worth went up to $ 4,201,935. The after-share value became 130,173.
- In Feb 2016, Alex traded 67,933 shares having a worth $ 102.00. After some time, the worth went up to $ 6,929,166. The after-share value became 197,441.
- In the year 2017, Alex traded 84,299 shares having a worth of $ 115.88. After some time, the worth went up to $ 9,768,568. The after-share value became 280,617.
- In Nov 2018, Alex traded 264,465 shares having a worth of $ 62.39. After some time, the worth went up to $ 16,499,971. The after-share value became 601,024.
- In 2019, Alex traded 103,526 shares having a worth of $ 132.40. After some time, the worth went up to $ 13,706,842. The after-share value became 414,703.
- In 2020, Alex traded 107,016 shares having a worth of $ 150.09. After some time, the worth went up to $ 16,062,031. The after-share value became 496,472.
- In Feb 2021, Alex traded 75,105 shares having a worth of $ 166.58. After some time, the worth went up to $ 12,510,991. The after-share value became 507,924.
2. International Business Machines (IBM)
International Business Machines (IBM) is an American-based company. It is a technology-based multinational company. The headquarters of this company is present in New York. It has its various projects and branches running successfully in a total of 170 countries of the world. It is well-known for manufacturing, selling, and buying computer software, hardware, and other computer-related accessories. This company is also famous for its technology-based on different researches that are based on technology and innovation. Some of its important inventions include floppy disks, the automated teller machine known as ATM, hard disk, magnetic card, and other various UPL barcodes. This company was established in 1911 under some other name. This company was named IBM in 1924.
- Alex Gorsky stock trades for International Business Machines (IBM)
The stock trades for IBM are given for one year only. The complete information for that year is given below:
⮚ In November 2020, Alex Gorsky made a trade with his holding IBM, he bought 4,232 shares worth $ 117.86 after some time its worth became $ 498,784. Its after-share value became 4,232.
This is the data for the shares and trades made by Alex Gorsky for his company IBM.
The company Johnson’s & Johnson’s came into being in the year 1944. Since then, it had many chairman and CEO’s, Alex Gorsky is the seventh one to join Johnson’s and Johnson’s as a chairman and CEO.
After joining the company as the 7th chairman, he got the position of Director in 2012. He was appointed to the Board of Directors of the Executive Committee in the same year 2012. He has been very lucky in the smooth running of his companies. He joined Johnson & Johnson’s company in 1988. Within 15 days of his hard work and planning, he increased the company’s situation of sales, marketing, and finance.
In 2001, Alex Gorsky got the position of President in Janssen Pharmaceutical. In 2003, Alex Gorsky became the Company Group Chairman of J&J company. Gorsky was given the position of head of the business is a well-known and well-reputed company known as Novartis Pharmaceuticals Corporation. This company was functioning throughout North America. Due to this, he left his seat in the J&J Company in 2004. After 4 years of working in Novartis, he decided to come back to his J&J company but this time with a bigger project. Ethicon was that project. In Ethicon, there were two different subsidiaries involved. The first one was Ethicon Inc. which dealt with the productions of instruments and products that served in different surgeries and operations. The other one was Ethicon Endo-Surgery, which dealt with the manufacturing of different medical devices that were used in some minor and minimal surgeries and operations.
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Alex Gorsky career
Alex Gorsky’s career starts with a minor job of being a sales representative at J&J company along with Janssen Pharmaceuticals. This job started in 1988. This was just a minor start to his career that was full of success and achievements. The next 15 years in his career were the best ones.
He got promoted many times by working in the field of marketing, sales, and finance. Soon, he was the chairman of the company in which he was first appointed as a sales representative. Alex Gorsky’s salary also kept on increasing with every promotion he got. JnJ CEO Alex Gorsky’s net worth also became significant when he again took over Johnson & Johnson company.
In the year 2009, he got the position of Worldwide Chairman of the Surgical Care Group and a member of the Executive Committee. In the year 2011, he got the rank of Vice Chairman of the Executive Committee. Alex Gorsky has been a part of various foundations and committees. The list includes Travis Manion Foundation, National Academy Foundation, and the last Wharton Board Roundtable. In these foundations, he has been working as the Chairman of the Corporate Governance Committee.
Alex Gorsky’s Educational background
Alex Gorsky was born in 1960. He is labeled as a successful businessman due to his numerous successful trades and the smooth running of his company. He has owned numerous businesses since 1988. He is married to Patricia Gorsky and has a child named Nicholas Gorsky. If we talk about his educational background, he has a degree from the United States Military Academy, which is based in West Point in the city of New York. He has been working in the United States Army for a long time of almost 6 years. He left the army after becoming a Captain. The reason behind leaving the army was his passion to do something of his own.
He always knew that he wanted to become a businessman. After leaving the army, he decided to get a degree related to business. Then, he got admission to the Wharton School of the University of Pennsylvania. His degree is named Executive Master of Business Administration. He got an Executive MBA degree from Pennsylvania in 1996.
Alex Gorsky right now is 61 years of age. He has been taking care of the Chairman seat of the Johnson & Johnson company from the year 2012. There are many executives in the company, out of which 11 are older than Gorsky and 11 are younger. There is an executive who is the oldest among them all. His name is Ronald Williams and his age is 70 years. he is the independent director of the whole company and organization of Johnson & Johnson. The youngest one is in her 40s, her name is Ashley McEvoy.