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Spring Break: Novo's US Head Resigns After Rough Winter

Novo Nordisk's executive VP and head of North American operations, Jakob Riis, has resigned from the company – a move not completely out of the blue considering recent rumors of conflict within the diabetes drug developer's US operations and a lackluster 2016 financial performance for the whole group.

Jakob Riis
Jakob Riis, leader of Novo Nordisk's US operations, resigns

Jakob Riis, Novo Nordisk's head of North American operations, has resigned from the company following a tough 2016 and rough winter period for the Danish firm – which reported earnings last month 2% below analyst's estimates for 2016.

Riis, who has been with the company since 1996, was previously considered the heir-apparent to recently replaced CEO Lars Rebien...

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