financetom
Business
financetom
/
Business
/
Novo Nordisk CEO Lars Fruergaard Jorgensen to Step Down
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Novo Nordisk CEO Lars Fruergaard Jorgensen to Step Down
May 26, 2025 9:28 AM

07:34 AM EDT, 05/16/2025 (MT Newswires) -- Novo Nordisk ( NVO ) said Friday that Lars Fruergaard Jorgensen is stepping down as the company's chief executive.

Jorgensen has agreed to continue as CEO to support a smooth transition, the company said.

A search for Jorgensen's successor is ongoing, Novo Nordisk ( NVO ) added.

The company's shares were down 4.5% in recent Friday premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Embracer leans on back catalogue as game delays shake industry profits
Embracer leans on back catalogue as game delays shake industry profits
May 26, 2025
May 22 (Reuters) - Tomb Raider owner Embracer is leaning on its back catalogue to maintain cash flow while fewer AAA games are being released, but this is not a long-term shift, CEO Lars Wingefors said on Thursday. As game development becomes slower, riskier and more expensive, studios are facing growing pressure to justify their budgets for major releases in...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
TAT Technologies Secures Fresh Maintenance Contracts From Major Cargo Carrier
TAT Technologies Secures Fresh Maintenance Contracts From Major Cargo Carrier
May 26, 2025
04:32 AM EDT, 05/22/2025 (MT Newswires) -- TAT Technologies ( TATT ) said late Wednesday it secured fresh maintenance, repair and overhaul contracts from a major cargo carrier with an estimated value of $40 million to $55 million over the next five years. The award includes a five-year extension of an existing contract for APU repairs on the customer's US...
UK's Tate & Lyle flags weaker sales growth as tariffs hit food ingredients maker
UK's Tate & Lyle flags weaker sales growth as tariffs hit food ingredients maker
May 26, 2025
May 22 (Reuters) - British food ingredients maker Tate & Lyle ( TATYF ) on Thursday estimated its full-year revenue growth would be 4% at best, less than last year, as the uncertainty over U.S. tariffs has raised costs for the company and its customers. The company, which has manufacturing plants in both the United States and China, said the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved