Mr Kutay was first elected to the Board of Novo Nordisk A/S in March 2017. His term as a board member expires in March 2018. In March 2017, the Board of Directors of Novo Nordisk A/S assessed that Mr Kutay is not regarded as an independent board member as defined in Section 3.2.1 of the Danish Recommendations on Corporate Governance designated by Nasdaq Copenhagen due to Mr Kutay being the chief executive officer of Novo Holdings A/S. Mr Kutay became a member of the Nomination Committee and the Remuneration Committee at Novo Nordisk A/S in March 2017.
Pharmaceutical, biotechnology