Latest news with #leadership
Yahoo
15 hours ago
- Business
- Yahoo
Maziar Mike Doustdar appointed as president and chief executive officer of Novo Nordisk
Bagsværd, Denmark, 29 July 2025 – Novo Nordisk today announced that Maziar Mike Doustdar has been appointed as president and chief executive officer, effective 7 August 2025. Mike Doustdar succeeds Lars Fruergaard Jørgensen, who will step down as president and chief executive officer on the same date. The company also announced other executive-level changes, effective 7 August. Mike Doustdar, currently Novo Nordisk's executive vice president of International Operations, has a strong track record of creating value and driving growth. Under his leadership over the past decade, Novo Nordisk's International Operations have more than doubled sales to approximately DKK 112 billion in 2024. The business includes all of Novo Nordisk's affiliates outside of the US and employs nearly 20,000 people. Novo Nordisk Chair, Helge Lund, said: 'Mike is an exceptional leader and has the unanimous support of the Board. We are confident that he is the best person to lead Novo Nordisk through its next growth phase. Mike has consistently demonstrated the ability to drive growth through strong commercial execution and building high-performing teams. This is an important moment for Novo Nordisk. The market is developing rapidly, and the company needs to address recent market challenges with speed and ambition. I believe Novo Nordisk will build on its strengths as a global leader in obesity and diabetes, and Mike has a clear vision of how to unlock the full potential of the opportunities ahead.' Mike Doustdar has been appointed as the result of a comprehensive process that included external and internal candidates. The Novo Nordisk Foundation fully endorses Novo Nordisk Board's decision to appoint Maziar Mike Doustdar as president and chief executive officer. Mike Doustdar said: 'It's an enormous privilege to lead this company at a time of tremendous opportunity and change. I come to this role with a sense of urgency, a laser focus on high performance, and a fierce determination for Novo Nordisk to aim higher than it's ever done, and to deliver to many more patients the innovation they need. From my decades in leadership roles across Novo Nordisk, I know the extraordinary talent and commitment of our people and the excellence of our science. This has enabled us to achieve great things in the past and will ensure we continue to do so in the future.' Novo Nordisk Chair, Helge Lund, added: 'Under Lars's leadership, Novo Nordisk has undergone a profound period of growth and now reaches millions more patients with life-changing medicines. On behalf of Novo Nordisk's Board of Directors and our employees, I want to thank Lars for 34 years of unstinting commitment to the company and wish him all the best in his future endeavours.' Other organisational changes effective 7 August: Research & Early Development and Development EVP areas will be merged into a combined R&D Nordisk has decided to merge the company's Research & Early Development with its Development area into a new, consolidated R&D unit, under the leadership of Martin Holst Lange, MD, PhD. Martin Holst Lange, currently executive vice president, Development, will be appointed chief scientific officer (CSO), effective 7 August. Martin Holst Lange will focus on seamlessly combining the two functions, quickly advancing the innovation of new therapies and ensuring the success of the early and late-stage pipelines, with a significant focus on the diabetes and obesity areas. In addition, Martin Holst Lange will work closely with Mike Doustdar to drive pipeline development and innovation from both within and outside of the company. Marcus Schindler, executive vice president, Research & Early Development and CSO, has decided to retire from the company. Novo Nordisk Chair, Helge Lund, said: 'We thank Marcus for his deep commitment to Novo Nordisk and its pursuit of scientific excellence. We wish him all the best for the future.' Marcus Schindler joined Novo Nordisk in January 2018 as senior vice president of External Innovation and Strategy and has been CSO since 2021. Marcus Schindler has played an integral role in leading the discovery of early scientific innovation. He will remain at Novo Nordisk for a short period to ensure a successful transition. Emil Kongshøj Larsen, currently senior vice president of the Europe and Canada region (EUCAN), will join Executive Management and succeed Mike Doustdar, assuming the responsibility of executive vice president, International Operations. Emil Larsen currently leads a region spanning 40 countries, accounting for about 20% of Novo Nordisk's global sales. He has previously led other significant business areas throughout Europe, Africa and the Middle East, as well as Commercial Affairs and Strategy in International Operations. With these changes, Executive Management will have the following members, effective 7 August: Maziar Mike Doustdar, president and CEO* Thilde Hummel Bøgebjerg, EVP, Quality, IT & Environmental Affairs Emil Kongshøj Larsen, EVP, International Operations Ludovic Helfgott, EVP, Product & Portfolio Strategy Karsten Munk Knudsen, EVP, chief financial officer* Martin Holst Lange, EVP, chief scientific officer, Research & Development David Moore, EVP, US Operations Tania Sabroe, EVP, People, Organisation and Corporate Affairs Henrik Wulff, EVP, CMC & Product Supply * Registered as an executive with the Danish Business Authority. About Maziar Mike DoustdarMike Doustdar became senior vice president of International Operations in 2013, a business that includes 80 affiliates - all of Novo Nordisk's commercial affiliates outside of the US. Novo Nordisk's International Operations had sales of approximately DKK 112 billion in 2024 and serve approximately 35 million patients. Prior to this role, Mike led Novo Nordisk's Southeast Asia and Oceania commercial area out of Malaysia, following on from his leadership of the Middle East business. Prior to this, he was general manager based in Turkey and held leadership roles in finance and IT. Mike Doustdar became executive vice president in 2015. He is a member of the Board of Directors of Orion Corporation. Conference CallNovo Nordisk will host a conference call for investors at 14.30 CEST on 29 July 2025, corresponding to 8.30 am EST. For more information on how to listen, please visit the investor section of There will be a conference call for media at 16.00 CEST, which corresponds to 10.00 am EST. Novo Nordisk is a leading global healthcare company founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat serious chronic diseases built upon our heritage in diabetes. We do so by pioneering scientific breakthroughs, expanding access to our medicines and working to prevent and ultimately cure disease. Novo Nordisk employs about 77,400 people in 80 countries and markets its products in around 170 countries. Novo Nordisk's B shares are listed on Nasdaq Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit Facebook, Instagram, X, LinkedIn and YouTube. Contacts for further information Media: Ambre James-Brown +45 3079 9289abmo@ Liz Skrbkova (US)+1 609 917 0632lzsk@ Investors: Jacob Martin Wiborg Rode+45 3075 5956jrde@ Sina Meyer +45 3079 6656azey@ Max Ung+45 3077 6414 mxun@ Frederik Taylor Pitter +1 609 613 0568fptr@ Publication of inside information pursuant to Market Abuse Regulation, Article 17 Company announcement No 19 / 2025 Attachment CA250729-CEO-succession
Yahoo
15 hours ago
- Politics
- Yahoo
Justin Kelly appointed new Garda commissioner
Justin Kelly will become the new Garda commissioner on September 1, Justice Minister Jim O'Callaghan has announced. Mr Kelly will replace Drew Harris, who is to retire after seven years as commissioner. Mr Kelly is currently a deputy commissioner and has been appointed for five years. Mr O'Callaghan said: 'The role of Garda commissioner is one of the most challenging and impactful leadership positions in Ireland's public service and the appointment process was suitably rigorous. 'I am satisfied that Justin Kelly is both qualified and particularly well suited to the role of commissioner, given his extensive leadership experience over the last 30 years in some of the most challenging issues facing An Garda Siochana, including national security, domestic and sexual violence, and organised crime. 'I know Justin is fully committed to providing a high-visibility, highly trusted policing service to the public.' The selection process identified 14 candidates and included two interviews and a presentation. Mr Kelly was selected as the preferred candidate. Mr Harris will continue to lead the force until September, when he will retire after 41 years of service to policing across the island.
BBC News
15 hours ago
- Politics
- BBC News
Justin Kelly: New Garda Commissioner announced
The Irish Government has appointed a new Garda Commissioner who will be in term for five Kelly was appointed by the Minister for Justice, Home Affairs and Migration, Jim O'Callaghan and will replace former Police Service of Northern Ireland (PSNI) deputy chief constable Drew Harris. A three-week recruitment campaign was held by publicjobs (formerly the Public Appointments Service) in May, including an international search for suitable candidates, which resulted in 14 was appointed to his current role as Deputy Commissioner Security, Strategy and Governance in October 2024. The new commissioner will take up the role on 1 September 2025 with Commissioner Harris continuing to lead An Garda Síochána until that selection process included two interviews and a presentation by candidates as well as a detailed psychometric assessment. Harris will retire after 41 years of service to policing on the island of Ireland, including a total of seven years as Garda O'Callaghan said: "The role of Garda Commissioner is one of the most challenging and impactful leadership positions in Ireland's public service and the appointment process was suitably rigorous."O'Callaghan said he was satisfied that Kelly is both qualified and "particularly well suited" to the role.
Associated Press
15 hours ago
- Business
- Associated Press
BEVEL PARTNERS WITH INVEST FEST FOR ITS SECOND ANNUAL $25,000 GRANT PROGRAM TO FUEL BLACK ENTREPRENEURSHIP
The Premium Head-To-Toe Grooming Brand Deepens Its Commitment To Community Empowerment By Investing In The Next Generation Of Leaders; Application Now Open 'Our mission at BEVEL is to serve our customers' holistic needs with product solutions that address their unique grooming needs and by finding ways to have a continued positive impact on our community'— Breann Satterwhite, BEVEL's Vice President of Marketing ATLANTA, GA, UNITED STATES, July 29, 2025 / / -- Atlanta-based, leading men's head-to-toe grooming brand BEVEL, is proud to partner with Invest Fest, presented by Earn Your Leisure, for its second annual $25,000 BEVEL Vendor Marketplace Grant. Designed to empower marketplace vendors and small business owners participating in Invest Fest, the grant celebrates innovation, hustle, and cultural impact. Applications opened Monday, July 28, 2025, and close on Monday, August 11, 2025, at 11:59 PM ET. To apply, visit: Invest Fest, a premier event under the Earn Your Leisure Network, is a first-of-its-kind in-person experience that blends investing, entrepreneurship, pop culture, and entertainment in a dynamic, festival-style setting. Taking place August 22nd –24th, 2025, at the Georgia World Congress Center, the three-day conference features presentations, panels, and workshops focused on financial empowerment and business growth. Attendees have the opportunity to network with industry leaders, connect with fellow entrepreneurs, and pitch their ideas for potential funding. As a platform where commerce and culture converge, Invest Fest empowers communities through education, access, and connection. BEVEL's continued partnership with Invest Fest reflects the brand's longstanding commitment to supporting its customers and community through impactful giveback initiatives. 'Our everlasting mission at BEVEL is to serve our customers' holistic needs, not only with product solutions that address their unique grooming needs, but also by finding ways to have a continued positive impact on our community,' shared BEVEL's Vice President of Marketing, Breann Satterwhite. 'This year marks the second year we've partnered with the Invest Fest team to provide this grant to elevate the next generation of entrepreneurs who share our commitment to the community—and that is powerful.' Selected from over 300 conference vendors, last year's grant recipient was the pioneering fitness business Double Dutch Aerobics, founded by Double Dutch World Champion Michelle Clark and Master Double Dutch Aerobics Instructor Sean Clark. 'Our continued partnership with BEVEL represents a shared commitment to empowering and investing in entrepreneurs,' said Abdoulaye Sow, Chief Operating Officer of Earn Your Leisure. 'Through the Vendor Marketplace Grant, we're not just showcasing businesses — we're providing meaningful capital and visibility that can shift their trajectory. We're proud to build on this impactful work again at Invest Fest 2025.' Interested business owners are encouraged to visit to learn more about the grant and apply. BEVEL CEO Damon Frost will announce this year's grant winner during the Monday, September 15, 2025, live episode of Earn Your Leisure's podcast, Market Mondays. Today, BEVEL's grooming, hair, and skin products and devices are available in retailers such as and ULTA Beauty stores, and Target stores, and select Walmart stores. About BEVEL BEVEL, part of the Procter & Gamble family, is designing beauty and grooming solutions for people of color. Our vision is to build the world's most consumer-centric health and beauty products company, inspiring unprecedented customer loyalty. BEVEL launched in 2013, providing grooming products for black men, including a full Skin Care regimen, a Shave System, and the BEVEL Trimmer, designed to help reduce skin irritation and razor bumps. To learn more about BEVEL visit About Invest Fest Invest Fest is a first of its kind, in-person experience that combines investing, entrepreneurship, pop culture, and entertainment in a festival setting. The festival is where commerce and culture meet at a unique intersection for the empowerment of our community. Invest Fest is connecting people from all over the world. With over 50,000 attendees throughout the weekend, Invest Fest is one of largest financial conferences in the world bringing the world closer together through conversation, economic education, and networking opportunities all geared towards exposing this new audience to the benefits of investing. About Earn Your Leisure The Earn Your Leisure platform provides listeners with behind-the-scenes financial knowledge across entertainment and sports industries, while highlighting entrepreneurs' backstories, breaking down business models, and examining the latest trends in finance. The podcast blends insights from a typical college business class with current popular culture, offering listeners a unique and exciting look into the world of business in a fresh new way. Earn Your Leisure has a community of over 1,500,000 followers on social media, and 1,500,000 YouTube subscribers. For more about Earn Your Leisure, visit Alyssa Ashley First and Last PR [email protected] Visit us on social media: Instagram Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Forbes
15 hours ago
- Business
- Forbes
The Unspoken Leadership Skill That Fuels High-Performing Teams
Laurie Arron, executive coach and trusted advisor to C-suite and Chiefs of Staff, best-selling author, and founder of Arron Coaching LLC. A leader I once coached said flatly, 'Emotions slow us down. What I need is efficiency.' This is a common sentiment among high-performing leaders. But the irony is that the results we chase often depend on the very thing we underprioritize. Research has shown that emotionally intelligent leaders are linked to significantly stronger team outcomes, often achieving double-digit performance gains. That is not a minor uptick; it is the kind of leap organizations spend years trying to engineer through systems, structures and incentives. But no system can outperform a disengaged team. And disengagement isn't always loud or obvious. Sometimes it's the quiet that contains unspoken concerns or withheld ideas. It's the risks that never get raised and people doing the bare minimum, not because they don't care, but because they don't feel safe to do more. The Hidden Cost Of Disengagement One CEO I coached believed his leadership team was aligned and effective. But over time, projects missed milestones. Deadlines slipped. No one spoke up in meetings. The problem was not execution; it was a lack of trust. People were holding back ideas and avoiding hard conversations. Eventually, it came to a head. A significant initiative ran months behind schedule. The team had seen it coming but never flagged it. When we unpacked what went wrong, it became clear that they did not feel safe to challenge assumptions or ask for help. This was a classic case of low psychological safety. Emotional Intelligence Creates Space For Truth Leaders with strong emotional intelligence are skilled at something deceptively simple: making it easier for people to tell the truth. They build credibility not by demanding it, but by earning it. They notice when someone is holding back. They ask questions that surface what is not being said. They pause instead of rushing to solve. And above all, they listen without defensiveness. A CTO I worked with recently began asking his team one consistent question at the end of every meeting: 'How could I adjust to make your work easier or more effective?' The answers were eye-opening. Of course, initially, people hesitated. But as trust grew, so did the honesty. Over the next six months, the team's internal communication improved dramatically. Employee engagement improved significantly. Customer response times were shortened. Delivery speed increased. And they did it all without hiring a new person or changing any technology. The shift was in leadership behavior. Emotional Intelligence Closes The Feedback Gap The higher up you climb the corporate ladder, the harder it becomes to get honest feedback. Not because people are trying to hide things, but because they're reading the room. They're watching how you respond under pressure. They're asking themselves, 'Is it worth it to say this out loud?' Emotional intelligence helps leaders create an environment where the answer is yes. It enables leaders to manage their responses and build the kind of trust that invites honesty. It is what allows a leader to hear uncomfortable truths without shutting down or retaliating. A few powerful self-checks: • How recently has someone on your team felt safe enough to challenge you? • Did you respond with curiosity or with a need to explain yourself? • Would someone tell you if something important about your leadership was being left unsaid? Leaders high in emotional intelligence collect feedback in real time. They understand that psychological safety is earned. And it is sustained by the leader's ability to be emotionally grounded, open and transparent. Leading With Intelligence That Resonates Senior leaders are often trained to prioritize logic, data and strategy. And those matter. But logic without empathy creates distance. Data without meaning leads to burnout. Strategy without trust leads nowhere. When uncertainty and change are constants, as they are today, building connection and trust is what sets great leaders apart. The research supports it. The results prove it. But what matters most is this: Emotional intelligence changes what leadership feels like, for you and the people counting on you. Because at the end of the day, performance follows the emotional tone you set. Forbes Coaches Council is an invitation-only community for leading business and career coaches. Do I qualify?
