COPENHAGEN, March 26 (Reuters) - Novo Nordisk
on Thursday elected Poul Weihrauch, CEO of family-owned U.S.
candy and pet food giant Mars, as observer to its board, as the
drugmaker seeks to strengthen its position in the highly
competitive U.S. obesity market.
The maker of weight-loss drug Wegovy announced the
appointment at its annual general meeting, where shareholders
also elected pharmaceutical industry veterans Jan van de Winkel
and Ramona Sequeira to the board, along with Helena Saxon, a
board member at fashion retailer H&M.
In 2025, Novo Nordisk and its majority shareholder, the Novo
Nordisk Foundation, carried out a leadership shake-up, replacing
the CEO and restructuring the board.
This included appointing Lars Rebien Sorensen, who also
chairs the Foundation, as board chairman, consolidating his
leadership role.
Novo is trying to boost its consumer credentials in the U.S.
market in a number of ways under its new management. In January
it launched its Wegovy pill across multiple cash-pay channels,
rather than solely through traditional insurance routes.
The company is leaning into telehealth, retail partnerships
and direct-to-consumer access as it and chief rival Eli Lilly
and Co say the obesity market is becoming increasingly
"consumer-like".