BREAKING NEWS: JB Hi Fi CEO Steps Down To Take New Role Murray Steps Back Up
Richard Murray the Group CEO of JB Hi Fi has taken on his old role as interim CEO of JB Hi Fi with former CEO Cameron Trainor taking on a new role as Managing Director Group Merchandise.
The move comes as retailers place greater emphasis on merchandising and brands being carried than ever before due to Amazon moving into the Australian market.
In a statement issued to the ASX today JB Hi Fi said ‘In this role Cameron will have overall responsibility for the strategic direction of the merchandise function across the
entire group comprising the JB HI-FI, The Good Guys and JB HI-FI Solutions businesses”.
Cameron has been with the company since 2009, initially as Merchandise Director of the JB HI-FI business and, since the Group’s acquisition of The Good Guys in November
2016, as Managing Director of the JB HI-FI business.
Group Chief Executive Officer, Richard Murray said, “Cameron has done an outstanding job as Managing Director of the JB HI-FI business over the past 20 months. His
appointment to the newly created role of Managing Director Group Merchandise is an important evolution in the Group’s approach to product purchasing and supplier
Cameron has a strong track record and proven skills in this area and we look forward to utilising these across the Group as a whole”.
Group Chief Executive Officer, Richard Murray, will act as interim Managing Director of the JB HI-FI business pending the appointment of a replacement.
At this stage it’s not known whether the Company will make an internal appointment or look outside of the JB Hi Fi network.