Ashley McEvoy Biography and Net Worth

Ashley McEvoy is Executive Vice President and Worldwide Chairman, Medical Devices, Johnson & Johnson. She is a member of the Johnson & Johnson Executive Committee and leads the global Medical Devices division for the Company, generating approximately $23 billion in revenue. She has more than 25 years of experience working at Johnson & Johnson, serving in leadership roles of increasing scope and responsibility in the Consumer Health and Medical Devices sectors. Building on J&J’s rich heritage in healthcare, science and technology, Ashley leads a team that continues to display the century-plus Medical Devices pioneering spirit as they work to reimagine the future of health today. Ashley and her team act with the profound belief that the intersection of medical technology, software, and biopharmaceuticals are the key to navigating the top five causes of death worldwide and they are relentlessly pursuing that potential impact with passion.

Since assuming her current role in 2018, Ashley has strengthened the Medical Devices’ core portfolio, improved execution and commercial excellence, and refreshed the innovation agenda to elevate the standards of care and advance a market-leading pipeline of products and solutions that significantly improve the lives of patients living with cancer, myopia, osteoarthritis, heart disease and diabetes, stroke, long bone fractures, and obstetric fistula. Through this patient-centered innovator approach, Johnson & Johnson Medical Devices doubled the value of its pipeline to $10 billion in 2020 from 2018.

Under Ashley’s leadership, Johnson & Johnson Medical Devices has accelerated its ability to tackle the most pressing global healthcare challenges across four franchises in general surgery, orthopedics, eye health, and interventional solutions. Eleven platforms across these franchises generate more than $1B each in sales annually, and 80% of sales come from platforms that are #1 or #2 in the markets in which they compete. As the #2 medical devices company worldwide, Johnson & Johnson Medical Devices is propelled by their aspiration to reimagine the future of health today by innovating across the continuum of patient care, prioritizing and modernizing health, and promoting health equity and wellness. Core to the division’s strategy is delivering meaningful innovation through medical interventions that are accessible to all – and are smarter, less invasive, and more personalized at a lower cost.

Ashley is a passionate people and performance-based leader who has delivered above-market results for all four multi-billion-dollar, global companies that she has led. Her disciplined approach to portfolio optimization combines a continuous investment in the core business while progressing areas of strategic importance with high growth potential. Since Ashley entered the division, Johnson & Johnson Medical Devices has executed approximately 150 acquisitions and strategic partnerships to round out the sector’s portfolio and enhance its ability to meet patient and customer needs today— and well into the future. These investments include advancing the division’s focus on digital solutions, with acquisitions including Auris Health, Verb Surgical, and Orthotaxy.

Drawing on Johnson & Johnson’s global infrastructure, robust understanding of diseases, cross-sector expertise, vast innovation network, and trusted partnerships throughout the globe, Ashley spearheaded the company’s entrance into telehealth, robotics and digital surgery with the commercially available platforms, MONARCH® and DePuy Synthes’ VELYS™, and novel data software systems including C-SATS® and Ethicon Visible Patient. Beyond, telehealth and the amplification of robotics and analytics, Ashley and the team are igniting an attractive pipeline focused on further leveraging and democratizing digitization to support healthcare professionals worldwide by elevating their skills and judgment to reduce variability and improve outcomes across the patient’s continuum of care.

Equal to her focus on growing the business’ portfolio, Ashley is dedicated to environmental sustainability, cultivating high-performing talent, and fostering a culture of commitment to allyship, diversity, equity, and inclusion (DEI). Ashley serves as the Executive Sponsor for Johnson & Johnson’s Open&Out Employee Resource Group, a growing global network of 5,000 LGBTQIA+ professionals and allies. She is also an avid volunteer with The Trevor Project, an organization that provides crisis and suicide prevention services to youth and the LGBTQIA+ community. As an Executive Committee Board Member for AdvaMed, the leading global trade association and consortium of companies for the medical devices industry, Ashley works with medtech leaders to improve access to care and patient outcomes, and directs the industry’s response to racial disparities in health.

A Pennsylvania native, Ashley is proud to serve on the Board of Trustees for the prestigious and internationally renowned Children’s Hospital of Philadelphia, the nation's first hospital devoted exclusively to the care of children. As a Board Member, Ashley helps guide the mission of the Hospital and oversee its operations in delivering safe, high-quality, family-centered care.

Numerous leadership and philanthropic organizations have recognized Ashley’s expertise, accomplishments, and impact on the healthcare industry. She ranked #41 on Fortune’s Most Power Women List in 2019. Most recently, she was honored as one of 50 individuals recognized on Forbes’ inaugural CEO NEXT list and was ranked #1 on the Top 25 Women Leaders in Medical Devices list by The Healthcare Technology Report. She was also named a “Woman of Achievement” in 2020 by the National Association of Female Executives for her commitment and dedication to DEI.