DGAP-Ad-hoc: GN Store Nord A/S / Key word(s): Miscellaneous
GN Store Nord A/S: GN announces changes to Executive Management
20-Sep-2019 / 14:13 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
GN Store Nord announces that Jakob Gudbrand has informed the company that he
needs to resign from his position as CEO of GN Hearing for personal and
family reasons.
Gitte Pugholm Aabo, currently member of the Board of Directors of GN Store
Nord, takes on the role as CEO of GN Hearing.
Having joined GN Store Nord's Board in 2018, Gitte Pugholm Aabo has solid
knowledge of GN Hearing's business. She brings extensive global leadership
experience and extensive knowledge within international management, finance,
IT, sales and marketing as well as deep insights into building digital
communities. Most recently, Gitte served as CEO of Leo Pharma.
_"I am both proud and humble to take on the job as CEO of GN Hearing. From
my time on the Board, I know that the company has a strong product portfolio
and a strong global organization. GN Hearing has a long and proud history of
innovation and is now standing on a very strong platform,"_ says Gitte
Pugholm Aabo.
_"As I said after the last investor call: GN is a fantastic place to work
and I am proud of my colleagues and what they have contributed. However, for
personal and family reasons I have come to the conclusion that it is right
for both GN and myself that I resign. I wish GN and my colleagues all the
best in their journey ahead,"_ says Jakob Gudbrand.
"In thanking Jakob for his contribution to GN, I am delighted that Gitte
Pugholm Aabo has accepted to succeed Jakob. Gitte has a proven track record
of innovation, building and transforming a global business and she will be
able to ensure continuation and build on the great momentum we have going in
GN Hearing. Gitte has a strong mindset for customer focus, innovation and
growth. With her as the CEO, GN Hearing will have a strong leader, who will
further GN Hearing's continued growth and competitiveness," says Chairman
Per Wold-Olsen.
Gitte Pugholm Aabo will join GN Store Nord's Executive Management together
with René Svendsen-Tune, CEO of GN Audio and GN Store Nord, and Marcus
Desimoni, CFO of GN Hearing and GN Store Nord.
René Svendsen-Tune will also take on the added responsibility of overseeing
and facilitating the future direction for GN's cross-company technology and
applications roadmap, including AI.
_"With the tremendous innovation and technology driven turnaround that René
has orchestrated and delivered on for GN Audio, he will in this capacity be
instrumental in taking GN's technology agenda further into future
applications and harvesting innovation synergies across GN," _says Per
Wold-Olsen.
These changes are effective as of today.
*Resume on Gitte Pugholm Aabo:*
Born: 1967
Nationality: Danish
Education: Bachelor's degree in Economics, HD in Business Administration,
MBA at Copenhagen Business School
Career:
2018 - 2019: Board member and chairman of the Audit Committee, GN Store Nord
2008 - 2019: Chief Executive Officer, LEO Pharma
2007 - 2007: Deputy Group Managing Director, LEO Pharma
2001 - 2006: Senior Vice President, Finance & IT, LEO Pharma
For further information, please contact:
*Investors and analysts*
Morten P. Toft
Vice President - Investor Relations & Treasury
Tel: +45 45 75 46 07
Or
Rune Sandager
Senior Manager - Investor Relations
Tel: +45 45 75 92 57
*Press and the media*
Steen Frentz Laursen
Vice President - Group Communication
Tel: +45 20 65 34 20
Or
Lars Otto Andersen-Lange
Head of Media Relations & Corporate Public Affairs
Tel: +45 45 75 02 55
*About GN Group*
The GN Group is a global leader in intelligent audio solutions that let you
hear more, do more and be more than you ever thought possible. Our ambitious
150-year journey has taken us from telegraph cables to radio waves and
intelligent audio engineering. To celebrate our anniversary, we look to our
unique competences within medical, professional and consumer audio solutions
to help us continue to transform lives through the power of sound.
GN was founded with a truly innovative and global mindset. Today, we honor
that legacy with world-leading expertise in the human ear, sound, wireless
technology, miniaturization and collaborations with leading technology
partners. GN's solutions are marketed by the brands ReSound, Beltone,
Interton, Jabra and BlueParrott in 100 countries. Founded in 1869, the GN
Group employs 6,000 people and is listed on Nasdaq Copenhagen (GN.CO).
Visit our homepage GN.com, get to know our innovation and leadership [1],
and connect with us on LinkedIn [2], Facebook [3] and Twitter [4].
20-Sep-2019 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: GN Store Nord A/S
Lautrupbjerg 7
2750 Ballerup
Denmark
Phone: +45 457 50000
E-mail: investor@gn.com
Internet: www.gn.com
ISIN: DK0010272632
WKN: 854734
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 877319
End of Announcement DGAP News Service
877319 20-Sep-2019 CET/CEST
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=62d46eab58b9319c745e9183055e5410&application_id=877319&site_id=vwd&application_name=news
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=3917761d9c2344b017e06f3abeb965a0&application_id=877319&site_id=vwd&application_name=news
3: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=1c0100882ab7d20fc0ddb0718063d67d&application_id=877319&site_id=vwd&application_name=news
4: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=90a8c0971a1f334e13e7d78d2bbd8858&application_id=877319&site_id=vwd&application_name=news
(END) Dow Jones Newswires
September 20, 2019 08:14 ET (12:14 GMT)
