Bloomberg News

Former Sonova CEO Tells TV Program Profit Warning Wasn’t Evident

April 16, 2012

Former Sonova Holding AG (SOON) Chief Executive Officer Valentin Chapero told Swiss television station SF’s ECO program he sold shares last year without expecting the hearing-aid maker would issue a profit warning a week later.

Although sales figures had been submitted to management before the sale, the costs hadn’t been, Chapero said.

To contact the reporter on this story: Allison Connolly in Frankfurt at aconnolly4@bloomberg.net.

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net.


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