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.