Incredible Connection CEO steps down

 ·19 Jan 2012
Incredible Connection

The chief executive officer (CEO) of Incredible Connection, a subsidiary of JSE-listed JD Group (JDG), Dave Miller has tended his resignation and will leave the group at the end of January.

Chief financial officer, Stefan Marnewick, will take the role of acting chief executive until “such time as we find a suitable replacement,” said JD Group CEO Grattan Kirk.

We would like to take this opportunity to thank David for his commitment and the contribution he has made to the business during his tenure of some 10 years with Incredible Connection,” Kirk said in a letter.

Incredible Connection, along with Hi-Fi Corporation, generated revenue of R4.58 billion rand in 2011, and an operating profit of R224 million. The technology retailers boast 96 stores across the country, employing 3,625 people.

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