Employment of executives
The Board of Directors appoints
members of Executive Management and determines their remuneration.
The Chair Committee reviews the performance of the executives. As
part of the Organisational Development Process, succession planning is
reviewed by the Board.
The Executive Management has
established a number of executive committees to assist or implement
Executive Management's decisions. To ensure the organisational
implementation of our strategy, Executive Management has established a
Management Board consisting of the chief executive officer, executive
vice presidents and senior vice presidents.
Further, executive committees include the Research Portfolio
Committee responsible for management of the research portfolio and the
early device portfolio, the Product Development Committee responsible
for management of the product development and device portfolios and
the Disclosure Committee overseeing Novo Nordisk’s disclosures to the