Healthcare >> CEO Interviews >> March 29, 1999

Mads Ovlisen – Novo Nordisk A/s (nvob.co)

MADS OVLISEN is President and CEO of Novo Nordisk A/S. His career with Novo started in 1972 when he became an assistant to the Board of Directors. In 1973 he became general counsel. In 1974 he was appointed Vice President and General Counsel in charge of the Legal Department, Patents, Licences, Personnel, and Communications. In 1975 , he was appointed Executive Vice President. In 1979, he became Executive Vice President in charge of the Pharmaceuticals Division. In 1980, Mr. Ovlisen was made deputy managing director of Novo. He was named President and Chief Executive Officer of Novo Industri A/S in 1981. Following the merger of Novo Industri A/S and Nordisk Gentofte A/S in 1989, Mr. Ovlisen became President and Chief Executive Officer of Novo Nordisk A/S. Prior to joining Novo, Mr. Ovlisen was an attorney in private practice from 1966 to 1970. He received his LLB from the University of Copenhagen in 1966 and in 1972 earned an MBA from Stanford University in California. Outside of Novo Nordisk, Mr. Ovlisen's activities include membership in several prominent Danish organisations. These include: Chairman of the Board of Directors of Lego A/S (1991); member of the Executive Committee of Danmark-Amerika Fondet (1986); member of the Board of Trustees of the American-Scandinavian Foundation, New York (1986); and member of Danmarks Nationalbank's Anniversary Foundation of 1968 (1994). He is also attached to several educational and cultural associations, among these a member of the Advisory Council of the Graduate School of Business, Stanford University, California (1990). He received the Danish Design Council's Award in 1990. Mr. Ovlisen was made Knight of first degree of the Dannebrog in 1988 and holds the Italian Order of Merit (It.F.3). Profile
TWST: Give us a background summary on your company, enough information

to put us into context, what you see as your business, what you see as

your company today.?

Mr. Ovlisen: NOVO NORDISK