Novocure announces planned CEO transition, COO to step down

Novocure announced that Chief Executive Officer, CEO, Asaf Danziger, will retire at year-end 2024 and Novocure’s Chief Financial Officer, CFO, Ashley Cordova, will succeed him as the company’s next CEO. Danziger, who has served as CEO since 2002, will serve as Senior Advisor into early 2026, and will continue to serve on Novocure’s Board of Directors. These changes will become effective on January 1, 2025. The company also announced today that Wilco Groenhuysen will step down as Chief Operating Officer, COO, effective October 1, 2024. Mukund Paravasthu, who joined Novocure in 2020 and currently holds the position of Senior Vice President, Product Development, will expand his current responsibilities and transition into the role of COO.