Leadership Change at Novozymes B
Novozymes B has announced that Executive Vice President Jacob Vishof Paulsen will be leaving his position, effective March 31, 2025. Paulsen will assume a new role outside the company.
According to a statement from Ester Baiget, President & CEO, Paulsen’s departure has been met with gratitude. Baiget praised Paulsen’s leadership and commitment to the company.
Impact on the Food & Beverage Biosolutions Business
The Food & Beverage Biosolutions business, which Paulsen played a key role in, is said to be on a solid foundation with an experienced team in place.
Market Context
Novozymes B’s leadership change comes amidst a broader market context, where several Danish companies have seen increased short selling activity. The impact of this development on Novozymes B’s stock price remains unclear.
Key Dates
- March 31, 2025: Jacob Vishof Paulsen’s departure from Novozymes B
- Effective date of Paulsen’s new role outside the company: March 31, 2025