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Novo Nordisk CEO To Step Down Following Brutal Bear Market
Novo Nordisk CEO To Step Down Following Brutal Bear Market Novo Nordisk announced a surprise leadership shake-up, with CEO Lars Fruergaard Jørgensen stepping down by mutual agreement with the Board. The move comes amid a sharp downturn in the company's stock in European markets, which has lost half its value over the past year, marking the steepest decline in Novo's history as a public company. The leadership change follows investor concerns over the future of its anti-obesity drug
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