Camping World Holdings Inc. (CWH) today announced in a press release that its Board of Directors has approved an increase in the company’s quarterly dividend paid to Class A common stock holders from $0.23 per share to $0.25 per share on a quarterly basis, an increase of $0.02 per share per quarter and $0.08 per share on an annualized basis.
The company also announced the appointment of AnnaMarie Balch Olson, as Vice President of Learning and Development.
As increased, the CWH dividend would be composed of a regular quarterly cash dividend of $0.10 per share funded by a $0.10 per common unit cash distribution by CWGS Enterprises, LLC to all holders of its common units, and a $0.15 per share regular quarterly cash dividend representing a portion of excess tax distributions from CWGS Enterprises, LLC to holders of its common units.
Marcus Lemonis, Chairman and Chief Executive Officer stated, “We are pleased with our strong performance and financial and cash position, and continue to be confident in our abilities to generate long-term profitable growth and return capital to our stockholders.”
Olson, the new VP of learning and development, brings with her over 10 years of relevant experience, She will lead the company’s Learning Management System program, focusing on strategic training and employee development that is key to achieve stated organizational objectives for improved growth and performance.
Prior to joining Camping World, Olson held various positions focusing on engagement, change management and organizational development, while serving as senior manager of learning and engagement with the Cox Media Group, as senior manager of global learning for Shaw Industries, and as director of culture and business development at Summit Hill Foods.
“The appointment of AnnaMarie Balch Olson further solidifies our commitment to investment in education and learning, as we understand a well-trained staff is essential to a successful future for our company and the customers we serve in this rapidly changing environment,” said Marcus Lemonis, CEO and chairman of Camping World. “Her experience and enthusiasm to lead this new role and develop our team through diverse, engaging, and consistent education opportunities, will ultimately strengthen our employee retention and recruitment.”
Camping World is always looking for seasoned and professional RV sales associates, technicians, and retail support to assist with locations across the country. Individuals interested in applying for a position may visit http://www.campingworldcareers.com/.