William Hoover - GN Store Independent Deputy Chairman of the Board

GN Stock  DKK 118.50  21.30  1.19%   

Chairman

Mr. William Ervin Hoover, Jr. was Independent Deputy Chairman of the Board of Directors of GN Store Nord AS since 2008. He joined the Board in 2007 as Independent Director. He is also Member of the Company Remuneration, Nomination and Strategy Committees since 2008.
Age 69
Tenure 16 years
Professional MarksMBA
Phone45 45 75 00 00
Webhttps://www.gn.com
Hoover worked as Director for the management consulting firm McKinsey & Company, mostly in the Nordic region, for approximately 30 years, until July 2007. He serves as Chairman of the Board of Directors of ReD Associates and the GN Store Nord Foundation, as well as Deputy Chairman of the boards of GN Audio A/S and GN Hearing A/S, and as Member of the Boards of Danfoss A/S, Lego Foundation, Neopost SA. He has knowledge from working with industrial and hightech companies in the Nordic region within strategy, organization and M&A. He is experienced with supply chain/operations and has practical experience in helping Nordic multinationals rapidly scale up in emerging markets, especially in China and India. He holds a MBA degree from Harvard University.

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.
The company has accumulated 9.87 B in total debt with debt to equity ratio (D/E) of 126.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. GN Store Nord has a current ratio of 0.95, 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 GN Store 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 medical, professional, and consumer audio solutions in Denmark, Europe, North America, Asia, and internationally. GN Store Nord AS was founded in 1869 and is headquartered in Ballerup, Denmark. GN Store operates under Electronic Finished Products classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 6250 people. GN Store Nord (GN) is traded on Copenhagen Exchange in Denmark and employs 7,891 people.

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 GN Store. 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
Michael Bjergby, VP of IR, Communications, CSR and Treasury
Peter Gormsen, Chief Officer
Peter Justesen, VP of Investor Relations and Treasury
Lars AndersenLange, Head Affairs
Morten Andersen, Director, Employee Representative
Marcus Desimoni, Member of the Executive Management; Chief Financial Officer of GN Store Nord and GN Hearing
Nikolai Bisgaard, Director, Employee Representative
Ronica Wang, Independent Director
Gunther Pausch, Head RD
Aurangzeb Khan, VP Jabra
Leo Larsen, Director, Employee Representative
Ehtisham Rabbani, CEO SteelSeries
Carsten Thomsen, Independent Director
Rene SvendsenTune, Member of the Executive Management, President and Chief Executive Officer of GN Store Nord & GN Audio
Anders Hedegaard, Member of the Executive Management Team, CEO of GN ReSound
Jakob Gudbrand, President and Chief Executive Officer of GN Store Nord & GN Hearing, Member of the Executive Management
Gitte Aabo, Independent Director
Per WoldOlsen, Independent Chairman of the Board
Wolfgang Reim, Independent Director
Helene Barnekow, Independent Director
Marcus Perathoner, Director, Employee Representative
William Hoover, Independent Deputy Chairman of the Board
Steen Laursen, VP Communication
Brian Pedersen, Chief Officer

GN Store Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is GN Store 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GN Store in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GN Store's short interest history, or implied volatility extrapolated from GN Store options trading.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GN Store Nord. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the GN Store Nord information on this page should be used as a complementary analysis to other GN Store's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running GN Store's price analysis, check to measure GN Store's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GN Store is operating at the current time. Most of GN Store's value examination focuses on studying past and present price action to predict the probability of GN Store's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GN Store's price. Additionally, you may evaluate how the addition of GN Store to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between GN Store's value and its price as these two are different measures arrived at by different means. Investors typically determine if GN Store is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GN Store'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.