Johnson and Johnson raise the reporting bar

by admin on April 16, 2009

in General,Tax and Ethics

Courtesy of Suki Fuller, I see that:

New Brunswick, NJ (April 16, 2009) – Johnson & Johnson will webcast its Annual Meeting of Shareholders at 10 a.m. (Eastern Time) on Thursday, April 23, from the Hyatt Regency Hotel in New Brunswick, N.J. Investors and other interested parties may access the meeting by visiting the Company’s website at www.jnj.com, and clicking on the webcast icon. A replay of presentations from the meeting will be available for three months beginning several hours after the live meeting concludes. The replay can be accessed by clicking on “Webcasts/Presentations” in the Investor Relations section of the Company’s website.

This is awesome. It is common practice among technology vendors in the US to webcast – or should I say audio cast – their earnings calls but this is the first time I can recall an AGM being webcast in this way.

Transparency is coming and this is just one more example of how it plays out.

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Comments on this entry are closed.

susan April 17, 2009 at 12:32 am

Very cool Dennis. I guess it was the Motrin Moms that whipped the Board into shape, eh?

In all seriousness, this is an excellent development. Transparency rocks.

Broc Romanek April 17, 2009 at 4:00 am

Sorry, it's not a new development. Hundreds of public companies have webcast their annual meeting each year since the beginning of the decade.

Dennis Howlett April 17, 2009 at 4:07 am

OK – happy to hear…I did caveat. If you have other major F100 examples I'd be delighted to find out…but let's see what J&J actually do.

Not the first time f April 17, 2009 at 5:44 am

J&J has done this for the past few years. They also podcast their quarterly earnings calls, which most companies have not yet tried. However, it's not to be mistaken for this year's annual meeting of Intel, which is really a virtual meeting where shareholders can actually participate in the meeting without being there in person.

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