JB Hi-Fi Limited announced that Greg Richards will retire as both Chairman of its Board and as a non-executive director on 30 June 2020. Stephen Goddard will be appointed as Chairman upon Greg's retirement. Stephen Goddard was appointed to the Board of JB Hi-Fi in August 2016 and has been a member of the Audit & Risk Management Committee since that time. Stephen was recently appointed to the Company's Remuneration Committee and will take over as Chair of the Remuneration Committee upon Greg's retirement. Stephen will step down from the Audit & Risk Management Committee at this time. Stephen has more than 30 years' retail experience having held senior executive positions with some of Australia's best-known retailers. These include Finance Director and Operations Director for David Jones, founding Managing Director of Officeworks, and various senior management roles with Myer. Stephen is currently a non-executive director and Chair of the Audit and Risk Management Committees of both GWA Group Limited and Accent Group Limited and a non-executive director of Nick Scali Limited.
JB Hi-Fi Limited is an Australia-based retailer of home consumer products. The Company offers a range of brands with particular focus on consumer electronics, software (including music, games and movies), whitegoods and appliances. Its retail brands include JB Hi-Fi, The Good Guys and e&s. The Company's segments include JB Hi-Fi Australia, JB Hi-Fi New Zealand, The Good Guys and e&s. The JB Hi-Fi brand is a retailer of technology and consumer electronics with a position with a young tech-savvy demographic. The Good Guys brand is a retailer of home appliances and consumer electronics with a position with home-making families. The e&s brand is engaged in the kitchen, laundry and bathroom product segments. Its products include consumer electronics and technology products, telecommunications products and services, home appliances, and software (music, movies and games) and associated collectibles and merchandise. It also provides information technology and consulting services.
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