The dismissal of a board member caused an uproar at the general meeting in Jyväskylä, drawing significant attention. This rare occurrence of a general meeting outside the capital region generating so much interest is due to the turmoil within the inner circle of the media company. The debate surrounding the dismissal was heated, with arguments for and against the decision being presented by various stakeholders.
The issue of whether a dating relationship constitutes a conflict of interest on the board was a key point of contention. Despite Vesterinen-Virtanen’s refusal to resign from the board over the dating relationship, the general meeting ultimately voted to dismiss her, with approximately 93.2% of shareholders supporting the decision. This public dismissal of a board member is highly unusual in a listed company, where departures are typically handled more discreetly.
In addition to the dismissal, the general meeting also approved the merger of the company’s share series, a move aimed at improving share liquidity on the stock exchange. The decision to dismiss Vesterinen-Virtanen and the approval of the share series merger were the main highlights of the general meeting, which attracted significant media attention and public interest. The outcome of