Changes in Tokmanni’s Executive Group

Tokmanni Group Corporation        Stock exchange release        17 May 2022 at 1:00 pm

Markku Pirskanen, Tokmanni’s CFO has decided to leave the company to assume a new position outside the company. Pirskanen, who has served as CFO since 2017, will continue in his position until the beginning of August 2022. Tokmanni will immediately initiate the search process for a new CFO, and further details will be announced in due course.

“The decision to leave Tokmanni was a difficult one. Together as a team, we have succeeded in developing and renewing Tokmanni’s business over the years. I want to express my gratitude and thanks to all Tokmanni employees and stakeholders for an excellent teamwork and cooperation,” says Markku Pirskanen.

“Markku has played a significant role in Tokmanni’s growth path to a leading Finnish variety discount retailer. He is a true professional in finance with solid experience in the strategy and management. I want to express my gratitude and thanks to Markku for all his contributions to Tokmanni, while also wishing him all the very best in the future,” says Tokmanni’s President and CEO Mika Rautiainen.

Additional background on all current members of Tokmanni’s Executive Group can be found at https://ir.tokmanni.fi/en/investors/corporate-governance/executive-group

For further information, please contact

Mika Rautiainen, President and CEO, tel. +358 020 728 6061, mika.rautiainen(at)tokmanni.fi
Markku Pirskanen, CFO, tel. +358 20 728 7390, markku.pirskanen(at)tokmanni.fi

Tokmanni in brief

Tokmanni is Finland’s leading variety discount retailer. Some 4,100 Tokmanni employees make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of Finnish and international brand-name products and other high-quality products at prices that are always affordable. With around 200 stores around Finland and an online store, Tokmanni is always close to its customers. In 2021, Tokmanni’s revenue was EUR 1,142 million and comparable EBIT amounted to EUR 106 million. Tokmanni's shares are listed on Nasdaq Helsinki.

Distribution

Nasdaq Helsinki
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