Xellia chair on CEO switch: "We need other competencies"

The antibiotic maker has reached a point where new competencies than those offered by Carl-Åke Carlsson are needed, says chairman Steen Riisgaard.

Steen Riisgaard, chairman at Xellia Pharmaceuticals | Photo: Finn Frandsen/Politiken/Ritzau Scanpix

By Albert Rønning-Andersson, translated by Daniel Pedersen

Norwegian national Carl-Åke Carlsson made it almost 15 and a half years as the chief executive officer of antibiotics maker Xellia Pharmaceuticals, which Novo Holdings acquired from British private equity company 31 for DKK 4bn (USD 582m) in 2013.

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Xellia Pharmaceuticals changes out CEOs after 15 years
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