Novo Nordisk's former chief makes comeback to steer choice of new CEO

Novo Nordisk's former chief makes comeback to steer choice of new CEO

By Jacob Gronholt-Pedersen and Maggie Fick

It is far from appropriate for a former CEO to move up the hierarchy and become part of the board of directors of the same company after having served his military service. Yet this is the case in several of the country's largest listed companies, which is directly against the recommendations for good corporate governance. This is the case, for example, in Novo Nordisk, where the pharmaceutical giant's former CEO Lars Rebien Sørensen recently fi…

Professor predicts major turnover in Novo boardIt is unlikely that all 12 people around the table on Novo Nordisk's board will keep their seats. The last week's turmoil at the top of