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=== 1943: Credo and going public === In 1943, as the company was preparing for its [[initial public offering]] (IPO), Robert Wood Johnson wrote what the company would call, "Our Credo",<ref>{{Cite web|title=Our Credo|url=https://www.jnj.com/credo/|access-date=November 29, 2020|website=Content Lab U.S.|language=en}}</ref> a defining document that has been used to guide the company's decisions over the years.<ref>{{cite web|url=https://www.nj.com/business/2012/04/johnson_johnsons_new_ceo_empha.html |title=Johnson & Johnson's new CEO emphasizes company credo at shareholder's meeting | vauthors = Todd S |website=NJ.com |date=April 26, 2012 |access-date=March 13, 2020}}</ref> The company completed its IPO and became a public company in 1944.<ref>{{cite web|url=https://www.fool.com/investing/2019/12/31/if-you-invested-10000-in-johnson-johnsons-ipo-this.aspx |title=If You Invested $10,000 in Johnson & Johnson's IPO, This Is How Much Money You'd Have Now | vauthors = Carmichael T |website=fool.com |date=December 31, 2019 |access-date=March 13, 2020}}</ref> In 1943, [[Vesta Stoudt]] identified a need for waterproof tape for ammunition boxes in [[World War Two]]. She wrote to [[Franklin D. Roosevelt]] with the idea; the president commissioned Revolite, a subsidiary of Johnson & Johnson at the time, to develop and manufacture a cloth-based adhesive tape.<ref>{{Cite web |date=May 6, 2015 |title=October 24, 1943 β COULDN'T KEEP HER IDEA DOWN {{!}} Chicago Tribune Archive |url=http://archives.chicagotribune.com/1943/10/24/page/1/article/couldnt-keep-her-idea-down/ |access-date=August 30, 2022 |archive-url=https://web.archive.org/web/20150506050728/http://archives.chicagotribune.com/1943/10/24/page/1/article/couldnt-keep-her-idea-down/ |archive-date=May 6, 2015 }}</ref>
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