CEO of Novo Nordisk, maker of weight loss drug Wegovy, to step down in wake of share price drop

Why did Moody’s downgrade US credit rating? How will Charter-Cox merger affect cable industry? Why is UnitedHealth stock falling sharply? What impact will Fed’s 10% staff cut have? How did Trump’s Middle East trip boost investments? Why is Apple blocking Fortnite in US and EU? What caused surge in Nvidia and Tesla stocks? How will Trump’s new tariff rates affect trade? Why is Novo Nordisk’s CEO stepping down?

CEO of Novo Nordisk, maker of weight loss drug Wegovy, to step down in wake of share price drop

bostonherald.com/2025/05/16/ceo-novo-nordisk-steps-down

By DAVID McHUGH, Associated Press Business Writer
FRANKFURT, Germany (AP) — Danish pharmaceutical company Novo Nordisk A/S, maker of blockbuster weight loss drug Wegovy, said Friday its CEO was stepping down by “mutual agreement” with the company’s board of directors, citing “recent…

This story appeared on bostonherald.com, 2025-05-16 13:57:44.