TechHR
ex
L&D
UNPLUGGED
Sphere
About Us • Contact Us
People Matters Logo
Login / Signup
People Matters Logo
Login / Signup
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

 

 

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
  • About Us
  • Advertise with us
  • Become a sponsor
  • Contact Us
  • Feedback
  • Submission Guidelines

Follow us:

Privacy Policy • Terms of Use

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

People Matters Logo
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast
Login / Signup

Categories:

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
JB Hi-Fi loses group CEO to Premier Investments, re-appoints former head

News • 28th Apr 2021 • 1 Min Read

JB Hi-Fi loses group CEO to Premier Investments, re-appoints former head

C-Suite

Author: Mint Kang Mint Kang
1.7K Reads
The departure of Premier CEO Mark McInnes spurred the poaching of JB Hi-Fi CEO Richard Murray as a replacement. JB Hi-Fi is now returning Murray's predecessor, Terry Smart, to the CEO seat.

Melbourne-based JB Hi-Fi, one of Australia's largest electronics retailers, has announced the departure of current Group Chief Executive Officer Richard Murray, who will be moving to fashion brand group Premier Investments as of 4 October 2021. According to reports, the move is the direct result of Premier CEO Mark McInnes having decided to step down. Murray was reportedly approached directly by Premier Investments chairman Solomon Lew.

Murray has been with JB Hi-Fi for 18 years, first serving as Chief Financial Officer and then taking over as CEO after then-incumbent Terry Smart stepped down in 2014. Analysts have attributed JB Hi-Fi's success over the last several years to Murray's leadership, and Lew also cited this, saying: “Richard is unquestionably one of the best retailers in Australia, having delivered significant growth, transformation and shareholder value during his career at the JB Hi-Fi Group.”

Smart, who returned to JB Hi-Fi in 2017 to head a subsidiary, The Good Guys, will take back his old position as CEO at the end of August this year. He has been with the company as long as Murray, previously holding the position of Chief Operating Officer before becoming CEO for the first time in 2010.

Smart said of the latest reshuffle: “In JB Hi-Fi and The Good Guys we have two of Australia’s most loved, respected and successful retail brands. Both businesses continue to be well positioned to maximise the opportunities ahead of them, and I look forward to working with the two best retail management teams in the business.”

Read More

Did you find this article helpful?


You Might Also Like

Rajesh Gopinathan resigns as TCS MD & CEO

NEWS • 17th Mar 2023 • 2 Min Read

Rajesh Gopinathan resigns as TCS MD & CEO

C-SuiteAppointments#Movements
Schneider Electric appoints James Comer as VP,  HR

NEWS • 3rd Mar 2023 • 1 Min Read

Schneider Electric appoints James Comer as VP, HR

C-SuiteAppointments#Movements#HRCommunity
HireVue appoints Natalie Dopp as CPO

NEWS • 16th Feb 2023 • 2 Min Read

HireVue appoints Natalie Dopp as CPO

C-SuiteAppointments#Movements#HRCommunity
NEXT STORY: Boeing CFO retires, BoD ups CEO's retirement age

Trending Stories

  • design-thinking-hr

    2023 Layoffs: A timeline of job-cuts in top companies

  • design-thinking-hr

    Token hire? Study shows diversity should NOT be about bottom...

  • design-thinking-hr

    Credit Suisse's 9,000 job cuts just the tip of the iceberg f...

  • design-thinking-hr

    Why are APAC companies embracing ESG-linked executive incent...

Upcoming Event: View All

Event Title 29 Mar Webinar

2023 Employee Experience Trends

Free 11:00 AM AEST

People Matters Logo

Follow us:

Join our mailing list:

By clicking “Subscribe” button above, you are accepting our Terms & Conditions and Privacy Policy.

Company:

  • About Us
  • Advertise with us
  • Become a sponsor
  • Privacy Policy
  • Terms of Use

Contact:

  • Contact Us
  • Feedback
  • Submission Guidelines

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

Get the latest Articles, Insight, News & Trends from the world of Talent & Work. Subscribe now!
People Matters Logo

Welcome Back!

Enter your registered email address to login

Not a user yet? Lets get you signed up!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

People Matters Logo

Welcome! Let's get you signed up...

Starting with the absolulte basics.

Already a user? Go ahead and login!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

Let's get to know you better

We'll never share your details with anyone, pinky swear.

And lastly...

Your official designation and company name.