Obesity drugmaker Novo Nordisk picks Maziar Mike Doustdar as new CEO-February 2024-www.financetom.com

Obesity drugmaker Novo Nordisk picks Maziar Mike Doustdar as new CEO

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Obesity drugmaker Novo Nordisk picks Maziar Mike Doustdar as new CEO

Jul 29, 2025 4:55 AM

COPENHAGEN, July 29 (Reuters) - Novo Nordisk named

Maziar Mike Doustdar as CEO on Tuesday as the Wegovy maker seeks

to revive sales and its share price, hit by worries it is losing

the obesity drug race it started to U.S. rival Eli Lilly ( LLY ).

The appointment comes after the abrupt removal in May of CEO

Lars Fruergaard Jorgensen by Novo and the Novo

Nordisk Foundation - the Danish company's controlling

shareholder.

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