Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Novo Nordisk chief Jørgensen to step down
Economy

Novo Nordisk chief Jørgensen to step down

Last updated: May 16, 2025 4:45 am
Share
Novo Nordisk chief Jørgensen to step down
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Novo Nordisk, a pioneering maker of obesity drugs, has made headlines with the announcement that chief executive Lars Fruergaard Jørgensen will be stepping down. This news comes just days after the company cut its profit forecast, causing concern among investors.

In a statement released on Friday, Novo Nordisk stated that they have initiated the search for a new chief executive, citing the need for new leadership in light of recent market challenges and a decline in the company’s share price. The decision to part ways with Jørgensen was reached collaboratively between the Novo Nordisk Board, the Novo Nordisk Foundation, and Jørgensen himself.

“Considering the recent market challenges, the share price decline and the wish from the Novo Nordisk Foundation, the Novo Nordisk Board and Lars Fruergaard Jørgensen have jointly concluded that initiating a CEO succession is in the best interest of the company and its shareholders,” Novo Nordisk stated.

As this story continues to develop, it will be interesting to see how Novo Nordisk navigates this leadership transition and what impact it will have on the company’s future direction and performance.

Stay tuned for more updates on this breaking news story.

See also  Canada’s Mark Carney prepares to take the west’s anti-Trump mantle
TAGGED:chiefJørgensenNordiskNovoStep
Share This Article
Twitter Email Copy Link Print
Previous Article Bird-Watching Is Better When You Unplug Bird-Watching Is Better When You Unplug
Next Article Safety reforms could be coming for Chicagoland transit, but funding still up in the air Safety reforms could be coming for Chicagoland transit, but funding still up in the air
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Dealership Fires Back At Floyd Mayweather After Boxer Sues Over $1.2M Maybach

Floyd Mayweather Car Dealership Hits Back ... Calls BS After Boxer Sues Published September 19,…

September 19, 2025

Sinclair ABC Stations Won’t Air ‘Jimmy Kimmel Live!’ for Now, Will ‘Evaluate Potential Return’

Sinclair Broadcasting Group has announced that it will start preempting “Jimmy Kimmel Live!” on its…

September 22, 2025

31 Tammy Hembrow Hot Shots to Spice Up Her 31st Bday!

Celebrating 31 Years of Tammy Hembrow A Look at Her Hottest Photos On Her 31st…

April 22, 2025

WWE WrestleMania 41 match to be canceled after top SmackDown star’s injury? Exploring the last-minute possibility

WWE fans are eagerly awaiting WrestleMania 41, but there might be a major setback as…

April 19, 2025

Melania Trump, Will Smith, Rashee Rice

Melania Trump, Will Smith, and Rashee Rice's mom are making headlines on today's episode of…

October 3, 2024

You Might Also Like

Alphabet hikes capex again after earnings beat on strong ad, cloud demand
Economy

Alphabet hikes capex again after earnings beat on strong ad, cloud demand

October 31, 2025
What is a merchant bank?
Economy

What is a merchant bank?

October 30, 2025
Fed Cuts Rates by a Quarter Point, as Expected
Economy

Fed Cuts Rates by a Quarter Point, as Expected

October 30, 2025
Fed’s Standing Repo Facility hits record high as policy meeting outcome looms
Economy

Fed’s Standing Repo Facility hits record high as policy meeting outcome looms

October 30, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?