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JB Hi-Fi Announces Leadership Transition with Nick Wells as New CEO

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JB Hi-Fi Announces Leadership Transition with Nick Wells as New CEO

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An update from JB Hi-Fi Limited ( (AU:JBH) ) is now available.

JB Hi-Fi Limited has announced a leadership transition with Nick Wells set to succeed Terry Smart as the Group Chief Executive Officer. Nick Wells, who has been with the company since 2009 and served as the Chief Operating Officer, will take over on October 3, 2025. This transition highlights the company’s strong succession planning and is expected to continue the strategic direction that has led to significant growth under Terry Smart’s leadership. The change is anticipated to maintain the company’s robust market position and capitalize on future opportunities.

The most recent analyst rating on (AU:JBH) stock is a Hold with a A$70.00 price target. To see the full list of analyst forecasts on JB Hi-Fi Limited stock, see the AU:JBH Stock Forecast page.

More about JB Hi-Fi Limited

JB Hi-Fi Limited is a prominent retailer in Australia and New Zealand, specializing in consumer electronics, home appliances, and entertainment products. The company operates well-known brands such as JB Hi-Fi, The Good Guys, and e&s, which are highly regarded in the retail sector.

Average Trading Volume: 324,664

Technical Sentiment Signal: Buy

Current Market Cap: A$12.87B

For an in-depth examination of JBH stock, go to TipRanks’ Overview page.

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