(Reuters) -Novo Nordisk will replace chair Helge Lund and six independent directors next month in a major boardroom shakeup following a disagreement over strategy with its powerful controlling shareholder, Novo Nordisk Foundation.
They will step down at an extraordinary general meeting on November 14. The changes come after Mike Doustdar was named the drugmaker’s new CEO in August in its efforts to revive sales of the blockbuster weight-loss drug Wegovy.
Kasim Kutay, CEO of another major shareholder, Novo Holdings, and employee-elected board members Elisabeth Dahl Christensen, Liselotte Hyveled, Mette Bøjer Jensen and Thomas Rantzau will remain on the board.
The Foundation and Novo Holdings have proposed the following candidates for election to the board:
LARS REBIEN SØRENSEN, 71, CHAI