GN chair puts no blame on GN Hearing's CEO Gitte Aabo

Gitte Aabo, CEO at GN Hearing, is not to blame for this fall's financial downgrade of the hearing aid manufacturer due to product launch delays, Chairman of GN Store Nord Per Wold-Olsen tells Danish media Børsen.

Gitte Aabo, CEO of GN Hearing | Photo: GN Hearing / PR

GN Store Nord's Board of Directors remains confident in GN Hearing's CEO, Gitta Aabo, says Chairman Per Wold-Olsen, as reported by the Danish business daily Børsen.

This is in spite of the fact that the hearing aid manufacturer had to downgrade its 2021 financial guidance considerably due to delays of two key product launches in October.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from MedWatch

Coloplast upgrades growth expectations following acquisition

Medtech firm Coloplast’s Q1 report for 2021/2022 brings a slight upward adjustment of the reported revenue growth outlook due to foreign exchange developments. Coloplast’s acquisition of Atos Medical is expected to contribute around 6 percent to organic growth.

Demant's surgical division loses president of 13 years

Oticon Medical, the implants division at hearing group Demant, is saying goodbye to President Jes Olsen, who is exiting his role in March after having spearheaded the business leg since 2008. Demant CEO Søren Nielsen is stepping in temporarily until a replacement is found.

Hearing aid market in US grew by 37 percent in 2021

Hearing aid manufacturers have had a good year following one of the worst in their recorded history, as sales in the US have gone up by 37 percent. The progress is mainly driven by the recovery of independent retailers, whereas public sales channel Veterans Affairs still lags behind.

Further reading

Related articles

Latest news

See all jobs