- Great American Business Leaders of the Twentieth Century
Ralph S. Larsen
Johnson & Johnson Company
1989 - 2002
Healthcare
b. 1938
| Education |  |
|---|---|
| Undergraduate | Hofstra University |
| Personal | |
|---|---|
| Born-Died | 1938 |
| Birthplace | New York (NY) |
| Race | White |
| Father | Laborer, Skilled |
Larsen reorganized J&J and managed its costs in order to improve its efficiency and reduce operating expenses. Between 1994-1999, the annual operating costs were reduced by $2 billion, which enabled J&J to compete aggressively in the personal care market. During the last several years of his tenure, Larsen has produced a consecutive string of 25% shareholder return rates.