An extraordinary general meeting in Jyväskylä caused an uproar, drawing significant attention from the media. The 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 board proposed the dismissal of one of its members, Riitta Vesterinen-Virtanen, citing a dating relationship with a person in the operational management of the company as the reason.
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.
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. In addition to