Novozymes appoints Peder Holk Nielsen as President CEO

Novozymes appoints Peder Holk Nielsen as President and CEO

9:25 AM, 21st January 2013
Novozymes appoints Peder Holk Nielsen as President and CEO
Peder Holk Nielsen, President and CEO, Novozymes.

BAGSVAERD, DENMARK: Novozymes has appointed Peder Holk Nielsen as President and Chief Executive Officer with effect from 1 April 2013. Nielsen is currently serving as Executive Vice President and head of Enzyme Business, a position he has held since 2007. Steen Riisgaard steps down after 12 years at the company’s top post and 33 years in Novozymes and Novo Industri/Novo Nordisk.

Novozymes executive management will organize into a functional structure with all current Executive Vice Presidents and joined by Andrew Fordyce. Thomas Videbæk will serve as Executive Vice President (EVP), Business Development; Andrew Fordyce and Thomas Nagy will serve as EVP for Business Operations and Supply Operations respectively. Per Falholt will be the new EVP and CSO for Research & Development where as Benny D Loft as EVP and CFO of Corporate Functions.

“With our sustainable solutions and close customer relationships, we have a very strong position for expanding our business, and I am convinced we will deliver on our long-term growth targets in the coming years. I am happy that all EVPs in the current executive management will continue in the new leadership team,” said Peder Holk Nielsen.

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