APPOINTMENT OF JEAN NOVAK AS PRESIDENT AND CHIEF EXECUTIVE OFFICER

The boards of directors for Point S Canada and Distribution Stox, one of Canada’s largest independent dealer and distribution networks for consumer and commercial tires, have announced the appointment of Jean Novak as president and chief executive officer of both companies. To ensure a smooth transition, Bruno Leclair, who announced his retirement in October 2021, will work closely with Mr. Novak before stepping down on May 31, 2022.

Mr. Novak has more than 30 years of experience working for major corporations in a number of highly competitive industries, including telecommunications, technology, retail networks, and consumer goods. He has built and grown businesses throughout his career, successfully developing and leading new markets, introducing innovative new product lines, and redefining standards to continually provide an unmatched customer experience. He holds a bachelor’s degree in business administration from HEC Montréal and a certificate in corporate governance from Université Laval.

“I’m extremely pleased to welcome Jean to our two companies,” says Jocelyn Bernard, chairman of the board of Unimax Ltd. (Point S Canada) and Distribution Stox Inc. “Jean is a seasoned business manager, and I am confident that he will use his valuable experience to help both companies achieve their goals in the coming years. His exceptional experience will bring a great dynamic to our teams.”

“I’m thrilled to be taking on this challenge and joining Point S Canada and Distribution Stox, two firmly established Canadian companies that value performance, innovation, and entrepreneurship, namely within their network of over 875 dealers,” says Mr. Novak. “I’m grateful to the boards of directors for entrusting me with the opportunity to lead the growth and development of both companies in Canada.”