Stephen Cosgrove, controller and chief accounting officer of Johnson & Johnson, will retire in October, the company announced in a Form 8-K. Upon Cosgrove’s retirement, these roles will be filled by Ronald Kapusta, who is currently vice president of finance of J&J's supply chain.

Kapusta joined J&J in 1992 and held a number of finance positions within the company's consumer segment over the next nine years, including as operations controller for J&J's former subsidiary, McNeil Consumer Products Company, and as vice president of finance, Worldwide Nutritionals. Previously, Kapusta served as vice president of finance in various other capacities, including for J&J's former subsidiary, Ortho-Clinical Diagnostics, and for J&J's subsidiary, DePuy Orthopaedics.