Novozymes has announced changes in the company’s organizational structure and executive leadership team with the formation of three distinct divisions – Household Care & Technical Industries, Agriculture & Bioenergy and Food & Beverages. The aim of the organizational change is to enhance Novozymes’ ability to deliver more innovation to customers with more speed and commercial impact.

To lead the three divisions, Novozymes has appointed former Vice President of Sales Tina Sejersgård Fanø as Executive Vice President, and former Vice President of Sales Anders Lund to head the Agriculture and Bioenergy division.

The three divisions will be supported by one central Research, Innovation & Supply organization headed by COO & EVP Thomas Videbæk and Corporate Functions headed by CFO & EVP Benny D. Loft. Peder Holk Nielsen will continue as CEO & President.