Novo Nordisk's chairman is stepping down amid a significant board rift regarding the pace of change within the company. This decision comes as part of a broader shakeup, with over half of the board members expected to leave. This situation is crucial as it may impact the company's strategic direction and the future of its popular weight-loss drugs, Wegovy and Ozempic, which have been pivotal in the market.

In a surprising turn of events, Helge Lund, the chair of Novo Nordisk, along with six other board members, has announced their resignation following a dispute with a majority shareholder. This shake-up raises concerns about the company's future direction and governance, especially as it comes at a time when Novo Nordisk is under pressure to adapt to shareholder demands for significant changes. The implications of this leadership change could affect the company's strategic decisions and its flagship product, Wegovy, which has been pivotal in its recent success.