in

Myer CEO Richard Umbers Fired

Umbers exits as Lew maintains rage on Myer

Embattled retailer Myer has forced out underperforming CEO Richard Umbers but this has failed to placate its biggest shareholder, Solomon Lew, who has repeated his call for a complete boardroom cleanout. Mr Umbers’ departure – after three years at the helm of Myer – was announced on Wednesday by chairman Garry Hounsell, who indicated his displeasure with a continuing string of poor sales results and profit warnings.


Name: Richard Umbers

Continent: Oceania

Country: Australia

Company: Myer

Position: CEO

Reason: Fired

New Company: Kaufland

Announcement Date: February 13, 2018, 11:00pm

Resignation Date: February 13, 2018, 11:00pm

Source 1: https://www.sbs.com.au/news/umbers-exits-as-lew-maintains-rage-on-myer

Source 2: https://www.afr.com/business/retail/former-myer-ceo-richard-umbers-joins-kaufland-20190423-p51gg3


Add your submission

Image Video Audio Text Embed

This field is required

Drop Images Here

or

You don't have javascript enabled. Media upload is not possible.

Get image from URL

Maximum upload file size: 10 MB.

Processing...

This field is required

Drop Video Here

or

You don't have javascript enabled. Media upload is not possible.

e.g.: https://www.youtube.com/watch?v=WwoKkq685Hk

Add

Supported services:

Maximum upload file size: 20 MB.

Processing...

This field is required

Drop Audio Here

or

You don't have javascript enabled. Media upload is not possible.

e.g.: https://soundcloud.com/community/fellowship-wrapup

Add

Supported services:

Maximum upload file size: 150 MB.

Processing...

This field is required

e.g.: https://www.youtube.com/watch?v=DWYrcnehito

Supported services:

Processing...

Report

What do you think?

Leave a Reply