Novo Nordisk CEO: Strategy remains constant after Krogsgaard's departure

Novo Nordisk maintains its strategy even though EVP, R&D Head and CSO Mads Krogsgaard Thomsen leaves the firm at the end of the month, according to CEO Lars Fruergaard Jørgensen.

Photo: Stine Bidstrup/ERH

After 20 years in the driver's seat, Mads Krogsgaard Thomsen passes the baton of his Novo Nordisk research and development responsibility areas to two of his lieutenants. The transition will be smooth, since the unit will keep going along the same strategic lines, says Novo Nordisk CEO and President Lars Fruergaard Jørgensen on Wednesday at an investor teleconference in connection with the release of the company's annual report for 2020.

60-year-old Krogsgaard Thomsen is to be succeeded by Marcus Schindler, who will be made chief scientific officer and executive vice president for research and early development, and Martin Holst Lange, who is promoted to executive vice president for development. Each of them has leadership experience in their respective fields.

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