Essayer OR - Gratuit
Ozempic maker faced with 'meltdown' as directors quit
The Observer
|October 26, 2025
Boardroom drama erupts at Denmark's Novo Nordisk as its market value plunges and competition intensifies in the weight-loss sector, writes Barney Macintyre
Novo Nordisk's chairman, Helge Lund, and six other board directors stepped down on Tuesday after reaching an impasse with the top shareholder at the maker of Ozempic and Wegovy.
The nonprofit Novo Nordisk Foundation, which owns 77% of voting rights at the drugs company, says it appoints independent directors to "ensure an arm's length relationship".
Lund will be replaced by Lars Rebien Sørensen, the chair of the foundation. Sørensen was CEO for 16 years and led the ousting of his successor, Lars Fruergaard Jørgensen, in spring.
"What has happened in the last six months has shown us who the power holders are," says Martin Jes Iversen from Copenhagen Business School. "It's the foundation, and to a larger degree than expected."
At the heart of the dispute is the pace of change at Novo, which has lost roughly 45% of its market value so far this year.
Cette histoire est tirée de l'édition October 26, 2025 de The Observer.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Observer
The Observer
Stripping citizenship with such ease tears at the moral fabric of society
\"A transcendental power more than ought to be entrusted to any man.\" So observed Lord Houghton in 1870 during a parliamentary debate over William Gladstone's proposal to revoke the citizenship of any naturalised Briton whose actions were \"inconsistent with his allegiance as a British subject\".
3 mins
January 04, 2026
The Observer
In capitalism’s casino, tech’s a surer bet
Britain invests too little.
4 mins
January 04, 2026
The Observer
Marty Supreme effect looks set to bounce table tennis into fashion
Players and fans hope the hit film, and the arrival of the world championships in London, will take the sport to another level
3 mins
January 04, 2026
The Observer
If Osborne had stood up to Cameron on the Brexit poll, we'd not be in such a mess
As more and more people become aware of the catastrophe that is Brexit, with — as I reported last time - even former chancellor George Osborne suggesting reentry to the customs union, the dilatory nature of the government's “realignment” efforts is becoming embarrassing.
3 mins
January 04, 2026
The Observer
When life is a rollercoaster, celebrate the highs
As the new year gets under way, try to keep your glasses half full
2 mins
January 04, 2026
The Observer
'We are putting barriers in the way of getting the most talented scientists'
When he was a child, Paul Nurse walked through a park to school on his own every day.
8 mins
January 04, 2026
The Observer
Zack Polanski’s migration policies aren’t naive — they are dangerously misleading
In a skilfully written article for The Observer last week, Zack Polanski, the leader of the Green party, spoke movingly of “the people who have lost everything”, waiting in “makeshift migrant camps” in Calais, hoping “that Britain might still honour its word and its values”.
5 mins
January 04, 2026
The Observer
Russia is numb to this conflict
Over the past three and a half years, it has become a familiar sight on the outskirts of Russian towns; long lines of fresh graves covered by wreaths in the colours of the Russian flag - and beneath them, Russian soldiers killed ina war in Ukraine that shows little sign, despite efforts, of ending.
2 mins
January 04, 2026
The Observer
No end in sight for Yemen's nightmare as UAE and Saudi Arabia's proxy conflict continues
A full-scale military confrontation between the two former allies was narrowly avoided last week. But the outlook for the Yemeni people caught in the middle is as dire as ever, reports Iona Craig
4 mins
January 04, 2026
The Observer
Royal Mail’s efforts to repackage its logistics problem have arrived too late Martha Gill
Universal mail once connected the country ata flat, affordable price now, as letters fade and parcels boom, rivals take the profits
4 mins
January 04, 2026
Listen
Translate
Change font size