FILE - In this photo illustration, a Johnson & Johnson logo is seen displayed on mobile phone and pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) "Following a comprehensive review, the board and management team believe that the planned separation of the consumer health business is the best way to accelerate our efforts to serve patients, consumers, and healthcare professionals, create opportunities for our talented global team, drive profitable growth, and – most importantly – improve healthcare outcomes for people around the world," CEO Alex Gorsky said in a statement.RELATED: 10 military veterans who became Fortune 500 CEOsDetails are sparse, but Johnson & Johnson expects the split to occur in the.