Johnson & Johnson introduced Monday that standard counsel Michael Ullmann will retire from the position at the conclusion of the year. Elizabeth Forminard, who has spent almost 16 many years in a range of divisional general counsel and authorized leadership roles, will be a part of the New Brunswick, N.J.-centered company’s executive committee Oct. 17 and do the job with Ullmann in the course of a changeover. “I’m thrilled to appoint Liz,” Joaquin Duato, who took in excess of last calendar year as Johnson & Johnson’s chief executive officer, claimed in a statement. He said he will “lean on her strong company acumen and knowing of client and consumer requires…