The following video is part of our "Motley Fool Conversations" series, in which analyst Paul Chi and analyst Joe Tenebruso discuss topics across the investing world.

Johnson & Johnson recently announced that CEO Bill Weldon will be stepping down. In today's edition, Joe and Paul discuss the recent announcement and what that means for the company. If new CEO Alex Gorsky can manage to get Johnson & Johnson back on track and fix its quality control problems, the company is well-positioned to take advantage of favorable demographic trends over the next few decades.

Joe Tenebruso has no positions in the stocks mentioned above. Paul Chi has no positions in the stocks mentioned above. The Motley Fool owns shares of Johnson & Johnson. Motley Fool newsletter services recommend Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.