In 2002, Kåre Schultz became Executive VP and COO of Novo Nordisk. He joined the company in 1989 in the role of Economist in Health Care, Economy & Planning. Towards the end of 2000, he became the company’s Chief of Staffs. Schultz is also a member of the Board of LEGO A/S, as well as Chairman of the Board of Royal Unibrew A/S.