Tokmanni Group Oyj - Changes board/management/auditors

Tokmanni Group Corporation: Mika Rautiainen appointed CEO of Tokmanni Group Corporation

TOKMANNI GROUP CORPORATION         COMPANY ANNOUNCEMENT 24 July 2017 08.30 EET


Mika Rautiainen appointed CEO of Tokmanni Group Corporation

The Board of Directors of Tokmanni Group Corporation has appointed M.Sc. (Econ)
Mika Rautiainen (54) as CEO of Tokmanni Group Corporation. He will start in this
position in January 2018, at the latest.

Mika Rautiainen joins Tokmanni from Kesko Group where he has held several
managerial positions since 1988. In his current position, which he has held
since 2013, he is Vice President Store operations for Kesko Grocery Trade. In
this position Mika Rautiainen has been responsible for, among others, managing
digital services in the grocery trade, managing concepts, store management and
training, as well as new business areas.

"We are very pleased to appoint Mika Rautiainen as Tokmanni's new CEO. Mika has
wide-ranging leadership and development experience and strong evidence of
strategic competence and successful implementation of major change projects. In
addition he also has a track record of building and developing online and
digital services in the retail environment. Mika's competence and capabilities
will bring us significant added value in the implementation of our strategy and
in developing a modern, omni-channel discount retailer", says Harri Sivula,
Chairman of the Board of Directors at Tokmanni.

Harri Sivula has acted as Interim CEO since June 2017 and will continue in this
role until Mika Rautiainen assumes his duties as CEO.

Mika Rautiainen's picture and resumé are attached to this release.

Tokmanni Group Corporation

Board of Directors

For further information, please contact:

Harri Sivula,
Interim CEO, Chairman of the Board
Tel. +358 50 656 92
Harri.sivula@tokmanni.fi


Joséphine Mickwitz,
Head of IR and Communications
Tel. +358 20 728 6535
josephine.mickwitz@tokmanni.fi


Tokmanni in brief
Tokmanni is the largest general discount retailer in Finland measured by number
of stores and revenue. In 2016, Tokmanni's revenue was EUR 776 million and on
average it had approximately 3,200 employees. Tokmanni is the only nationwide
general discount retailer in Finland, with 162 stores across Finland as at 31
December 2016.

Distribution:
Nasdaq Helsinki Ltd
Main news media



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Priedai:

RESUMÉ_Rautiainen.pdf

PHOTO_Rautiainen.jpg