Changes in the management board of a subsidiary of Tallinna Kaubamaja Grupp AS, AS TKM King
As of 1 May 2016, Tiit Mägi assumes office as the member of the management board and manager of a subsidiary of Tallinna Kaubamaja Grupp AS, AS TKM King, which operates the ABC King and SHU stores.
Prior to taking up this position in Tallinna Kaubamaja Grupp AS, Tiit Mägi worked as the manager at Windrox OÜ, and he has held several positions related to sales. He also has extensive experience with managing and developing the footwear brand NS King. Mägi has graduated from the Tallinn University of Technology in the field of vehicles and fleet management.
Tiit Mägi does not own any shares of Tallinna Kaubamaja Grupp AS.
The current member of the executive board of AS TKM King, Edward Köster, who has previously held different managerial positions in Tallinna Kaubamaja Grupp AS since 2000, will continue as an entrepreneur. In addition to new challenges, Köster will be consulting on the commercial concept of a new Kaubamaja building for the Tallinna Kaubamaja Grupp AS’ subsidiary Kaubamaja AS.
Tallinna Kaubamaja Grupp AS is grateful for the contribution that Edward Köster, as a managing director of TKM King AS, has made to the development of the company.
Raul Puusepp
Chairman of the Board
Phone: +372 731 5000
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