Novo Nordisk CEO Jorgensen to Leave After Fall in Share Price
Novo Nordisk A/S Chief Executive Officer Lars Fruergaard Jorgensen is stepping down from the drugmaker in a surprise move as its obesity treatment Wegovy faces growing competition.
The Danish company said Jorgensen is leaving by mutual agreement with the board, though he'll continue as chief 'for a period to support a smooth transition to new leadership.' A search for a new leader has begun, the company said in a statement Friday.
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