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Member, Beacon International Group, Ltd.
Frederick B. Molineux, who was risk manager at Johnson & Johnson during the 1982 Tylenol poisoning crisis, has died in Southport, North Carolina. He was 77.
Mr. Molineux spent nearly 30 years as the global director of risk management at Johnson & Johnson before retiring in 2001.
He began his career in insurance as a risk manager for Foster Wheeler Corp. and received a law degree from Seton Hall University in 1974.
Richard Hackenburg, a retired risk manager, said Mr. Molineux was instrumental in helping Johnson & Johnson weather the fallout from seven deaths stemming from cyanide-laced Tylenol 1982.
“Fred was a team member of the crisis management team at Johnson & Johnson's during the Tylenol tampering and product recall problems,” Mr. Hackenburg said. “Their work is still regarded today as a textbook example of what a corporation should do to properly handle a terrible situation.”
Mr. Hackenburg said Mr. Molineux used his legal training to become a recognized expert on insurance contract language and was a frequent speaker at conferences held by the Risk & Insurance Management Society Inc.
“Fred was a highly regarded risk manager,” Mr. Hackenburg said. “He was also a terrific individual and wonderful family man.”
Funeral services have been set for Friday in Metuchen, New Jersey, for Mr. Molineux, who is survived by his wife of 56 years, Lorena, four children and 10 grandchildren. He died suddenly March 13, officials said.