Novo Nordisk Says CEO to Step Down -- Barrons.com

Dow Jones

May 16, 2025

By Elsa Ohlen

Novo Nordisk CEO Lars Fruergaard Jørgensen will step down as CEO of the Danish maker of GLP-1 drugs Ozempic and Wegovy.

It was a "mutual agreement," Novo said in a statement Friday. The search for Fruergaard Jørgensen's successor is ongoing, the company added.

Novo Nordisk stock was up about 1.8% in Denmark. Its American depositary receipts were down 2.8% to $64.20.

This is breaking news. Check back for more analysis soon.

Write to Elsa Ohlen at elsa.ohlen@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 16, 2025 07:18 ET (11:18 GMT)

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The search for Fruergaard Jørgensen's successor is ongoing, the company added. \n</p>\n<p>\n     Novo Nordisk stock was up about 1.8% in Denmark. Its American depositary receipts were down 2.8% to $64.20. \n</p>\n<p>\n     This is breaking news. Check back for more analysis soon. \n</p>\n<p>\n     Write to Elsa Ohlen at elsa.ohlen@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. 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The search for Fruergaard Jrgensen's successor is ongoing, the company added.Novo Nordisk stock was up about 1.8% in Denmark. Its American depositary receipts were down 2.8% to $64.20.This is breaking news. Check back for more analysis soon.This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVO":"诺和诺德"},"translate_title":"诺和诺德表示首席执行官将辞职--Barrons.com","themeId":"6839c52e324857dcd0e021c7027313fa","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVO":1},"content_text":"By Elsa Ohlen \n\n\n  Novo Nordisk CEO Lars Fruergaard Jørgensen will step down as CEO of the Danish maker of GLP-1 drugs Ozempic and Wegovy. \n\n\n     It was a \"mutual agreement,\" Novo said in a statement Friday. The search for Fruergaard Jørgensen's successor is ongoing, the company added. \n\n\n     Novo Nordisk stock was up about 1.8% in Denmark. Its American depositary receipts were down 2.8% to $64.20. \n\n\n     This is breaking news. Check back for more analysis soon. \n\n\n     Write to Elsa Ohlen at elsa.ohlen@barrons.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 16, 2025 07:18 ET (11:18 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}