BY BENJAMIN WERNER CHRISTENSEN, TRANSLATED BY NIELSINE NIELSEN
The bonus scheme of Novo Nordisk CEO and President Lars Fruergaard Jørgensen is not tied in with the share price of the Danish pharmaceutical company, which comes as a surprise to German investment bank Berenberg.
The bank has analyzed the salaries of CEOs in 12 of the world's largest pharmaceutical companies, and Fruergaard Jørgensen's bonus scheme is the only one that does not correlate with the development of the share price of his company.
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