New GN chair wants to find debt solution – but can't say when
GN has to find alternative solutions to solve a debt problem that shareholders will accept – and the work begins now, says newly elected Chairman Jukka Pekka Pertola.
by Christian Bundgaard, Christopher Due Karlsson & Stine Løcke Nielsen, translated by daniel pedersen
Finnish national Jukka Pekka Pertola isn’t exactly taking over chairmanship of a well-run business right now – GN Group’s debts exceed DKK 15bn (USD 2.1bn), earnings are sliding downward, and the stock price is plummeting.
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