Finance
Exclusive-Novo Nordisk's US public affairs head leaves company, memo shows
Published by Global Banking & Finance Review®
Posted on January 5, 2026
2 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 5, 2026
2 min readLast updated: January 20, 2026
Novo Nordisk's US public affairs head Jennifer Duck departs amid restructuring, as the company faces competition and pricing pressures.
By Maggie Fick and Dan Levine
LONDON/SAN FRANCISCO, Jan 5 (Reuters) - Danish obesity drugmaker Novo Nordisk's head of public affairs in the U.S. has left the company, according to an internal memo seen by Reuters, at a time when the firm is battling to revive its fortunes in its top market.
The company, like other drugmakers, is facing pressure from U.S. President Donald Trump on medicine pricing and is trying to regain lost ground to U.S. rival Eli Lilly in the lucrative and competitive weight-loss market.
The departure, previously unreported, sees U.S. public affairs head Jennifer Duck leave the firm. It follows a major global restructuring under CEO Mike Doustdar that includes cutting 9,000 jobs across departments and regions. One source said the memo was sent to staff late last week.
The wider overhaul has paved the way for new hires, such as veteran U.S. pharma executive Greg Miley in November as Novo's new global head of corporate affairs.
The memo said Duck, previously a senior adviser to prominent U.S. Democratic senators, "has made the personal decision to leave Novo Nordisk and pursue other opportunities outside of the organization".
The memo added that Chris Pernie will take on leadership of the U.S. public affairs team on an interim basis with immediate effect. Pernie's LinkedIn profile says he is an executive director of government affairs at Novo.
Duck led Novo's U.S. public affairs for more than six years and worked on high-profile initiatives, including two matters involving the U.S. Senate's HELP Committee and two Inflation Reduction Act "maximum fair price" processes, the memo said.
Novo and Duck did not immediately respond to requests for comment.
The drugmaker, which has lost ground to Lilly over the past year and seen sales growth slow, has faced scrutiny in the U.S. over the pricing and access of its blockbuster obesity and diabetes drugs. It launched a new pill form of Wegovy on Monday.
CEO Doustdar is trying to restore investor confidence by sharpening Novo's focus, after a tough year in which the company issued multiple profit warnings and saw its shares almost halve in value.
(Reporting by Maggie Fick in London and Dan Levine in San Francisco. Additional reporting by Leah Douglas in Washington. Editing by Adam Jourdan and Mark Potter)
Corporate governance is the system by which companies are directed and controlled, encompassing the practices and processes that ensure accountability, fairness, and transparency in a company's relationship with its stakeholders.
Restructuring is a process that involves reorganizing a company's structure, operations, or finances to improve efficiency, adapt to market changes, or address financial difficulties.
The Inflation Reduction Act is a legislative measure aimed at reducing inflation by implementing policies that may include price controls, tax adjustments, and spending reforms to stabilize the economy.
A senior adviser is an experienced professional who provides strategic guidance and expertise to an organization, often in a specific area such as policy, finance, or management.
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