By James Wells

SYDNEY: Retravision New South Wales has appointed Iain Goldman as its new chief executive officer, replacing Darrel Jones, who left his position on 31 July.

Retravision NSW chairman Paul Murphy told that Goldman was deliberately headhunted from outside the electrical industry.

“We felt that as he has come from outside the industry, he will not be bringing in any bias or prejudice,” Murphy said.

Goldman has legal and commerce qualifications including a Bachelor of Law from Kings College in London, a Masters of Commerce from the University of New South Wales and an MBA from Cambridge University.

“We are introducing new skill sets and looking outside the square. We need a more corporatised model for New South Wales,” Murphy said.

Goldman remains as an executive at St George Bank and is expected to join Retravision NSW prior to the annual general meeting to be held at Rosehill on 15 October.

At the AGM, the shareholders within the group will vote on plans to restructure the business and will address the reintroduction of buying days which were cancelled earlier this year.

According to Murphy, Goldman will bring relevant experience to the role with over six years of business restructuring .

“In describing Iain, St George CEO Gail Kelly said that many people can do strategy, but very few can do both strategy and implement it,” Murphy said.

In a statement issued this morning, Murphy said the appointment of Goldman was timed to coincide with a new direction for the group.

“Iain Goldman will drive Retravision NSW’s future growth by leading the implementation of the new corporate model and structure to be voted on by all shareholders.

“Iain joins Retravision NSW at an important time of change for the company as we look to strengthen our position in this challenging retail environment. 

“We are confident we have found the right person to take us forward and implement the new company structure and model.

“At this time, we would also like to thank you for your continued support of Retravision NSW, and we look forward to building on our relationship in the coming year.”