Lundbeck names SVP for business development and HR

Lundbeck has promoted Jacob Tolstrup to the role of senior VP for business development and human resources.

Tolstrup was most recently VP for Lundbeck's development having been with the Danish pharma company since 1999.

Other roles he has held in this time include VP for investor relations and communications and VP for finance and administration in the US.

The promotion extends his responsibilities to include HR and he will have a reporting staff of 70.

It follows the resignation of Teddy Hebo Larsen who had been Lundbeck's VP for HR since 2009. Larsen intends to spend more time with his family and private projects.

The company's CEO Ulf Wiinberg said: "Throughout the roughly five years that Teddy has served as our head of HR, he has made a tremendous contribution to developing Lundbeck's work culture and the HR function, and I owe him many thanks for his efforts.

“At the same time, I am happy to appoint Jacob Tolstrup as Senior Vice President for business development and HR and look forward to drawing even more on Jacob's skills, while at the same time ensuring continuity in the management of our HR department.”