Thought Leader Series – September 2021 – Richard Murray

Will Hamilton hosted Richard Murray – Former Group CEO of JB Hi-Fi Limited.

Richard discussed the topic ‘The Changing Retail Landscape’.

The webinar was held on Thursday 2nd of September, to watch a recording of the webinar please contact your adviser.

With over 25 years’ experience in retail and finance. Richard joined JB Hi-Fi as CFO in 2003 and took the business through the IPO process. Richard was appointed to the Board of JB Hi-Fi in June 2012 and became CEO on 1 July 2014 at the age of 38. Prior to this Richard was an Associate Director, in the Corporate Finance Division of Deloitte. In April 2021 Richard accepted the role of Premier Retail CEO, commencing in October 2021.

Under Richard’s leadership, the JB Hi-Fi Group has become Australia’s No.1 Consumer Electronics, Technology and Home Appliance retailer with revenue of nearly $9 billion. During his tenure, JB Hi-Fi’s market capitalisation has grown from $1.5 billion in 2014 to circa $6 billion today, whilst paying over $1 billion in dividends to shareholders over that time. In September 2016, JB Hi-Fi acquired The Good Guys for $870 million, achieving transformational strategic and financial results for the JB Hi-Fi Group.

Richard was the founding Chairman of the ARA CEO Forum and he is currently Chairman of the Australian Charities Fund Employee Leadership Initiative, which aims to encourage Australian businesses to set up Workplace Giving Programs.