Rene SvendsenTune - GN Store CEO

GNNDY Stock  USD 57.00  0.00  0.00%   

CEO

Mr. Rene SvendsenTune was appointed Member of the Executive Management and President and Chief Executive Officer of GN Store Nord GN Audio at GN Store Nord AS, effective as of April 1, 2015. He was Independent Member of the Board of Directors of the Company from 2007 until March 16, 2015. He has also served as Member of the Company Audit Committee. Mr. SvendsenTune was President of Europe Latin America at Nokia Solutions and Networks and Member of its Executive Board since 2012. Prior to this, he was President and Chief Executive Officer of Teleca AB . He has 25 years of practical experience in the IT and Telecommunications industries. He joined Nokia in 1993 and has over the years held various positions with increasing responsibility. In 2001 he joined the Executive Management team at Nokias head office, where he became global Head of Marketing, Sales and Country Operations at Nokia Networks since 2015.
Age 68
Tenure 9 years
Phone45 45 75 00 00
Webhttps://www.gn.com
SvendsenTune serves as Deputy Chairman of the Board of NKT Holding A/S and Member of the Board of Nilfisk Danmark A/S. He has global management experience along with insight into global technology markets, global sales and technology investments from the fast moving telecommunications and consumer electronics sectors. He is a graduate of Danmarks Ingenioerakademi, Denmark.

GN Store Management Efficiency

The company has return on total asset (ROA) of 0.0376 % which means that it generated a profit of $0.0376 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0875 %, meaning that it generated $0.0875 on every $100 dollars invested by stockholders. GN Store's management efficiency ratios could be used to measure how well GN Store manages its routine affairs as well as how well it operates its assets and liabilities.
GN Store Nord has accumulated 9.87 B in total debt with debt to equity ratio (D/E) of 2.34, implying the company greatly relies on financing operations through barrowing. GN Store Nord has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist GN Store until it has trouble settling it off, either with new capital or with free cash flow. So, GN Store's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GN Store Nord sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GNNDY to invest in growth at high rates of return. When we think about GN Store's use of debt, we should always consider it together with cash and equity.

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GN Store Nord AS develops, manufactures, and markets audio and video communications solutions for medical, professional, and consumer technology solutions in Denmark, rest of Europe, North America, and internationally. GN Store Nord AS was founded in 1869 and is based in Ballerup, Denmark. GN STORE is traded on OTC Exchange in the United States. GN Store Nord [GNNDY] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

GN Store Nord Leadership Team

Elected by the shareholders, the GN Store's board of directors comprises two types of representatives: GN Store inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GNNDY. The board's role is to monitor GN Store's management team and ensure that shareholders' interests are well served. GN Store's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, GN Store's outside directors are responsible for providing unbiased perspectives on the board's policies.
Anne Veyhe, Treasury Relations
Peter Gormsen, Chief Officer
Rene SvendsenTune, Member of the Executive Management Team, CEO of GN Netcom
Steen Laursen, VP Communication
Gitte Aabo, Chief Hearing
Gunther Pausch, Head RD
Aurangzeb Khan, VP Jabra
Ehtisham Rabbani, CEO SteelSeries
Lars AndersenLange, Head Affairs
Brian Pedersen, Chief Officer

GNNDY Stock Performance Indicators

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Additional Tools for GNNDY Pink Sheet Analysis

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