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Chemist Warehouse owner Sigma Healthcare Limited (ASX: SIG) has poached the boss of Total Tools to be its new chief financial officer.
The $34.6 billion company, created in February from the merger of the ASX-listed Sigma and the privately held Chemist Warehouse Group, said on Tuesday that Total Tools' Richard Murray would join on October 13.
Richard has extensive ASX listed company experience spanning over 30 years. Most recently, he was the Chief Executive Officer of Total Tools, a Division of Metcash Limited. Previously, Richard was with Premier Investments Ltd where he was CEO Premier Retail, overseeing The Just Group's seven retail brands with around 1100 stores globally.
Prior to his time at Premier, Mr Murray held senior leadership positions with JB Hi-Fi Limited (ASX: JBH) for almost 20 years, Sigma said, joining ahead of that company's listing on the ASX and overseeing its ascension to be an S&P/ASX 100 Index (ASX: XTO) company.
Most notably, Richard was Chief Financial Officer for twelve years and Chief Executive Officer for seven years. During this period, Richard drove strong store and revenue growth, focused on cost management and financial reporting, and the acquisition and subsequent integration of The Good Guys business.
Sigma shares traded as high as $3.05 on the news of Mr Murray's appointment before moderating to be changing hands for $3.02, up 2.4 cents.
