JB Hi-Fi’s long-time chief Terry Smart departs retailer for a second time
- Terry Smart, the chief executive of JB Hi-Fi, will step down in early October, announcing his departure with regret.
- Nick Wells, the current chief operating officer, will replace Terry Smart as CEO.
- The company has experienced a strong year of sales and earnings, maintaining focus on delivering value and customer service.
- Management expressed regret at Smart's departure and wished him well for the future.
12 Articles
12 Articles

AI laptops selling but have a long way to go, says outgoing JB Hi-Fi boss
Smart has spent two decades of his career at the tech retailer and is leaving the business for a second time after holding the CEO position from May 2010 to June 2014. He re-joined the business in 2017 as managing director of JB Hi-Fi-owned The Good Guys, before being reappointed as group chief.
JB Hi-Fi – You’ve done it again!
JB Hi-Fi Limited (ASX:JBH), stamped its leadership on Australia and New Zealand’s retail landscape again, delivering impressive financial year 2025 (FY25) results, and demonstrating exceptional resilience across its portfolio of brands – JB Hi-Fi, The Good Guys, and the recently acquired E&S. With its laser-like focus on technology, consumer electronics, and home appliances, JB Hi-Fi continues to win customers, and market share, particularly amo…
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