The Board of JB Hi-Fi Limited announced the appointment of Terry Smart to succeed Richard Murray as Group Chief Executive Officer, following Richard's decision to leave the Company for a new role at the end of August 2021. Terry was CEO of JB Hi-Fi from May 2010 to June 2014, following ten years as Chief Operating Officer, and oversaw significant expansion and growth during this time. Terry returned to the Group in April 2017 as Managing Director of The Good Guys and has led the repositioning and significant improvement in performance of The Good Guys business.