Nordic Edition

The Power Behind the Scenes at Novo Nordisk Is Back on Top

Former CEO Lars Rebien Sorensen has returned as chairman in a radical board revamp

The Novo Nordisk logo.

Photographer: Dhiraj Singh/Bloomberg

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By Charles Daly

October 24, 2025 at 10:09 AM UTC

Hi, this is Charles Daly in Stockholm. Welcome to our weekly newsletter on what’s shaping economies and investments from the Arctic to the Baltic Sea. You can subscribe here.

Another week, another twist in the turnaround efforts at Novo Nordisk, the maker of the blockbuster Ozempic and Wegovy weight-loss drugs.