Kamux Oyj: KAMUX STRENGTHENS ITS MANAGEMENT TEAM: MS. JENNIE STENBOM APPOINTED AS CHIEF PEOPLE OFFICER

KAMUX CORPORATION        STOCK EXCHANGE RELEASE        11 September, 2018 12:00

KAMUX STRENGTHENS ITS MANAGEMENT TEAM: MS. JENNIE STENBOM APPOINTED AS CHIEF PEOPLE OFFICER

Kamux has appointed Ms. Jennie Stenbom (MAEd, born 1975) as Kamux's Chief People Officer and Member of the Management Team. Ms. Stenbom will be responsible for the company's strategic human resources management, HR and organisational development as well as HR processes across the entire Group. Ms. Stenbom has extensive experience of HR management responsibilities in retail and industry. Ms Stenbom joins Kamux from the Kesko Group, where she has last worked as Senior Vice President, People and Culture, in the division of International Building and technical trade. Ms. Stenbom will take up the new position on 1 October, 2018.

"We have a skilled and committed personnel at the core of our strategy. We are strongly investing in training our employees in order to provide an excellent customer experience, which is why Kamux finds it critical that our personnel can improve and thrive at work. Ms. Jennie Stenbom's strong expertise in international HR management, skills development and change initiatives in retail business and chain operations supports Kamux's growth objectives," says CEO Juha Kalliokoski.

"Kamux is a unique company, and I would like to contribute to its story of growth and internationalisation with my own experience and expertise. The company is thriving with entrepreneurial spirit and the willingness to accomplish things and make progress, and these principles guide my own work too. Kamux is characterised by each employee's ability to contribute to the company's development through their own work. I am very happy about the opportunity to be involved in building the company's future," says Jennie Stenbom.

Tommi Iiskonmäki, Country Director of Kamux Finland, will take care of the duties of HR Director until Ms. Stenbom assumes the role. 

Kamux Corporation

For more information:

Juha Kalliokoski, CEO

Tel. +358 50 544 5538

Kamux Corporation is a retail chain specializing in the sale of used cars and related integrated services that has grown rapidly. The first Kamux car showroom started its operations in 2003 in Hämeenlinna, Finland and the company currently has 43 car showrooms in Finland, eleven in Sweden and two in Germany. Since its founding, the company has sold more than 180,000 used cars, of which 40,957 were sold in 2017. Kamux's revenue reached EUR 454.9 million in 2017. In 2017, Kamux's average number of employees was 418 in terms of full-time equivalent employees. The shares of Kamux are listed on Nasdaq Helsinki.

www.kamux.com