{"id":90602,"date":"1999-12-31T00:15:00","date_gmt":"1999-12-30T13:15:00","guid":{"rendered":"http:\/\/smartoffice.com.au\/nick-aboud-not-sacked-as-dick-smith-confirm-appointment-of-former-bigw-executive\/"},"modified":"1999-12-31T00:15:00","modified_gmt":"1999-12-30T13:15:00","slug":"nick-aboud-not-sacked-as-dick-smith-confirm-appointment-of-former-bigw-executive","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/nick-aboud-not-sacked-as-dick-smith-confirm-appointment-of-former-bigw-executive\/","title":{"rendered":"Nick Aboud Not Sacked As Dick Smith Confirm Appointment Of Former BigW Executive"},"content":{"rendered":"<p>Nick Aboud has not been sacked as CEO of Dick Smith Dick, instead Chairman Rob Murray is singing his praise for Aboud who has been responsible for downturn after downturn at the embattled retailer.<\/p>\n<div><span style=\"font-family: sans-serif; font-size: 13.3333px;\">Murray dismissed our story yesterday that Aboud was on four months notice after the hiring of Algy Pereira a former Myer executive and of late head of trade and family enteretainment at BigW.<\/span><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\">Murray said Dick Smith was focused on Christmas trading and its strategic review is now underway &#8211; &#8220;Nick is the best person to get us through this period.&#8221;<\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\">&#8220;Algy may well join Dick Smith but not as Nick&#8217;s replacement,&#8221; said Mr Murray.<\/p>\n<table style=\"\" align=\"Center\" border=\"0\" cellpadding=\"4\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"530\" height=\"300\"><img fetchpriority=\"high\" decoding=\"async\" width=\"530\" height=\"300\" src=\"http:\/\/news.smarthouse.com.au\/resources\/articleimages\/68qeod77_embeded_image_1.jpg\" border=\"0\"><\/td>\n<\/tr>\n<tr>\n<td width=\"530\">Nick Aboud<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><span style=\"font-size: 13.3333px;\">Dick Smith Marketing Director Neil Merola confirmed yesterday afternoon to several Dick Smith staff that Pereira was joining the Company next year as Merchandising Director after the resignation of two senior merchandising directors last month. &nbsp;<\/span><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><\/p>\n<table style=\"\" align=\"Right\" border=\"0\" cellpadding=\"4\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"400\" height=\"400\"><img decoding=\"async\" width=\"400\" height=\"400\" src=\"http:\/\/news.smarthouse.com.au\/resources\/articleimages\/68qeod77_embeded_image_2.jpg\" border=\"0\"><\/td>\n<\/tr>\n<tr>\n<td width=\"400\">Algy Pereira new head of retail at Dick Smith<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\">&#8220;Whenever we manage succession on any of our key roles we will do it in the optimal way and timing for the business,&#8221; Mr Murray said.<\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\">Mr Pereira, who worked with Mr Abboud at Myer for many years, including two years as general manager of electrical, resigned from his role at BIG W on Tuesday as we exclusivelly tipped.&nbsp;<\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\">Dick Smith staff who told ChannelNews of his hiring said yesterday that Aboud was &#8220;set to be replaced&#8221;.&nbsp;<\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\">Dick Smith management now claim that Mr Pereira had been appointed director of retail operations at Dick Smith.<\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\">A senior executive at a major supplier to Dick Smith said yesterday &#8220;why do they keep hiring exe Myer executives. Myer has been a basket case for years&#8221;.<\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\">&#8220;He certainly wasn&#8217;t brought in as an immediate replacement for Nick. It is part of internal succession planning,&#8221; the spokesman said.<\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\">Mr Pereira will have to serve out a non-compete period with BIG W and is expected to join Dick Smith in April of next year.&nbsp;<\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333px;\">Dick Smith shares &#8211; issued at $2.20 rose 7.5? to 42.5? today after falling to 0.28c earlier this week.&nbsp;<\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nick Aboud has not been sacked as CEO of Dick Smith Dick, instead Chairman Rob Murray is singing his praise for Aboud who has been responsible for downturn after downturn at the embattled retailer.<\/p>\n","protected":false},"author":42,"featured_media":91459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[28,18],"tags":[],"class_list":["post-90602","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-archive","category-human-resources","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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