People·October 18, 2026 at 1:37 PM EDT·2 sources
Novo’s Former CEO Fruergaard Jorgensen to Join Lundbeck Board
NVO -1.0%
NVO · last 30 trading days+0.6% since the news
News
Lundbeck employeesmore than 5,000
Jørgensen’s tenure as Novo Nordisk CEO2017 to 2025
Jørgensen’s healthcare experiencemore than 30 years
Observer appointment10 November 2026
What happened
- Lars Fruergaard Jørgensen is set to join H. Lundbeck’s Board as an observer on 10 November 2026.
- Lundbeck intends to appoint Jørgensen as Chair after its 2027 Annual General Meeting, subject to shareholder approval.
- Dorothea Wenzel will step down as Chair in connection with the 2027 Annual General Meeting.
Observer appointment
10 November 2026
Jørgensen’s tenure as Novo Nordisk CEO
2017 to 2025
Jørgensen’s healthcare experience
more than 30 years
Lundbeck employees
more than 5,000
Why it matters
The appointment brings former Novo Nordisk CEO leadership and pharmaceutical-sector experience to Lundbeck as it enters the next phase of its strategy. It is relevant to healthcare corporate governance and executive-transition tracking.
What to watch. Jørgensen’s formal election to Lundbeck’s Board and proposed appointment as Chair at the Annual General Meeting in 2027.
Read more on YouBank
The Newsroom, ranked for your desk
About ninety free sources every ten minutes, one story per event, read for you: bankers, investors, operators and students each get their own desk. Free to start.
Timeline
- EarlierOct 13Walmart to Cover Some GLP-1s, Insulin at No Cost for Workers
- First reported by PR NewswireOct 18Changes to the Board of Directors of H. Lundbeck A/S
- Bloomberg reportsOct 19Novo’s Former CEO Fruergaard Jorgensen to Join Lundbeck Board
Who is involved
Novo’s Former CEO Fruergaard Jorgensen to Join Lundbeck BoardH. Lundbeck A/SNovo Nordisk A/SNVOLars Fruergaard JørgensenDorothea Wenzel
CompanyPerson
Sources (2)
- PR NewswireOct 18Changes to the Board of Directors of H. Lundbeck A/S
- BloombergOct 19Novo’s Former CEO Fruergaard Jorgensen to Join Lundbeck Board
Related
Read more on YouBank
The Newsroom, ranked for your desk
About ninety free sources every ten minutes, one story per event, read for you: bankers, investors, operators and students each get their own desk. Free to start.
- Why it matters to youEvery story matched to your watchlist, your contacts and your pipeline.
- Follow developing storiesAn alert, and a push, the moment a story you follow moves.
- Your briefing, read aloudA few minutes each morning with a chapter per story.
- Brief modeSwipe through the day, a 20-second card each.