As the Chief Human Resources Officer (CHRO) of the largest health company in the world, Peter Fasolo has a lot on his plate. He is the steward of all of Johnson & Johnson's workforce, which includes more than 130,000 employees across 60 countries. While the company remains one of the most admired organizations in the world, the daily grind of business can take a physical, mental, and emotional toll on all employees—and it's Fasolo's job to limit attrition and make sure that this extremely large workforce is operating with maximal efficiency and well-being.
Having earned a doctorate in organizational behavior studies from the University of Delaware, Fasolo knows a thing or two about guiding large groups of people. Under Fasolo’s leadership, the company has fully transformed its human resources approach by establishing a global network of shared services. It has also delved into the world of AI by creating an insights and analytical capability. During Fasolo’s tenure, the company has been able to fill nearly 80% of senior management positions with internal successors while at the same time filling more than 25,000 positions annually with people of diverse and global backgrounds. In addition to being a relentless champion of progressive workforce and labor policies, he works closely with the executive committee and the board of directors on key succession and compensation strategies for the Fortune 500 company.
Fasolo has more than 25 years of global experience in healthcare. He first joined Johnson & Johnson in 2004, where he was specifically responsible for overseeing HR within the company's medical devices business. Later, he served as the company's chief talent officer (CTO). In 2007, he left Johnson & Johnson to serve as CTO of Kohlberg Kravis Roberts & Co., where he worked on operational improvements, board composition, and executive compensation. In 2010, he returned to Johnson & Johnson as vice president of global human resources. He began his career at Bristol-Myers Squib, where he spent 13 years working at an executive level across a variety of business segments in the U.S. and abroad.
In 2017, he was named a Fellow of the National Academy of Human Resources. He currently serves on the boards for the Washington D.C.-based Human Resources Policy Association and the Trenton, New Jersey-based charity Arm in Arm.