Anssi Vanjoki - Sonova Holding Non-Executive Director

SONVY Stock  USD 55.91  0.06  0.11%   

Director

Mr. Anssi Vanjoki resigned as NonExecutive Independent Director of Sonova Holding Ltd. with effect from June 2019, a position he has held since June 10, 2009. He was Member of the Audit Committee at the Company. He is Professor at Lappeenranta University of Technology and Individual Multicontributor of RKBS Oy, a technology startup investment company. He was Executive Vice President and General Manager of Nokia until March 2011 and member of the Nokia Group Executive Board from 1998 to 2011. He has a Masters degree in business administration from the Helsinki School of Economics and Business Administration. He is Chairman of the Board of Oriola Corporationrationration, ViceChairman of the board of Elisa Corporation and anchor investor and Chairman of small technology companies. since 2009.
Age 62
Tenure 15 years
Phone41 58 928 33 33
Webhttps://www.sonova.com
Vanjoki was Executive Vice President and General Manager of Nokia until March 2011 and Member of the Nokia Group Executive Board from 1998 to 2011. He is also Chairman of the Board of Amer Sports Corporationration and owner of Salomon, Atomic, Wilson, Precor and Suunto brands. He has a Master’s Degree in Business Administration from the Helsinki School of Economics and Business Administration, Aalto University.

Sonova Holding Management Efficiency

The company has return on total asset (ROA) of 0.0879 % which means that it generated a profit of $0.0879 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2878 %, meaning that it generated $0.2878 on every $100 dollars invested by stockholders. Sonova Holding's management efficiency ratios could be used to measure how well Sonova Holding manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 864.9 M in total debt with debt to equity ratio (D/E) of 0.61, which is about average as compared to similar companies. Sonova Holding AG has a current ratio of 1.08, suggesting that it may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Sonova Holding until it has trouble settling it off, either with new capital or with free cash flow. So, Sonova Holding'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 Sonova Holding AG sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sonova to invest in growth at high rates of return. When we think about Sonova Holding's use of debt, we should always consider it together with cash and equity.

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Sonova Holding AG designs, develops, manufactures, and distributes hearing care solutions for adults and children. Sonova Holding AG was founded in 1947 and is headquartered in Stfa, Switzerland. SONOVA HOLDING operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 16733 people. Sonova Holding AG [SONVY] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Sonova Holding AG Leadership Team

Elected by the shareholders, the Sonova Holding's board of directors comprises two types of representatives: Sonova Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sonova. The board's role is to monitor Sonova Holding's management team and ensure that shareholders' interests are well served. Sonova Holding'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, Sonova Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stacy Seng, Non-Executive Director
Robert Woolley, Group Board
Thomas Bernhardsgruetter, Director Investor Relations
Ludger Althoff, Vice President - Operations
Beat Hess, Non-Executive Director
John Zei, Non-Executive Director
Robert Spoerry, Non-Executive Chairman of the Board of Directors
Anssi Vanjoki, Non-Executive Director
Victoria CarrBrendel, Group Vice President Cochlear Implants and Presidentident of Advanced Bionics and Member of the Management Board
Sarah Kreienbuehl, Member of the Management Board, Group Vice President Corporate Human Resources
Hartwig Grevener, CFO and Member of Management Board
Christophe Fond, Group Vice President Retail
Claude Diversi, Member of the Management Board, Vice President International Sales (Europe, South America)
Paul Thompson, Group VP of Wholesale for the Region North and Central America and Member of the Management Board
Hansjuerg Emch, Group Vice President Medical, Member of the Management Board
Arnd Kaldowski, COO, Member of the Management Board
Martin Grieder, Vice President Phonak, Member of the Management Board
Hans Mehl, Group VP of Operations and Member of Management Board
Maarten Barmentlo, Member of the Management Board, Group Vice President Marketing
Stefan Launer, Member of the Management Board, Vice President Science & Technology
Andreas Vonlanthen, Member of the Management Board, Group Vice President Research & Development
Ronald Vis, Non-Executive Director
Andreas Rihs, Non-Executive Director
Franz Petermann, Member of the Management Board
Jan Metzdorff, Member of the Management Board
Albert Lim, Member of the Management Board, Vice President International Sales for the Asia / Pacific region
Thomas Bernhardsgrutter, Director Relations
Jinlong Wang, Non-Executive Director
Lynn Bleil, Non-Executive Director
Lukas Braunschweiler, Chairman of Management Board and CEO
Michael Jacobi, Non-Executive Director
Claudio Bartesaghi, Member of the Management Board, Group Vice President Corporate Human Resources, Corporate Communications
Birgit Conix, CFO Board

Sonova Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Sonova Holding a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Please note, there is a significant difference between Sonova Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonova Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonova Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.