By James Wells

SYDNEY: Retravision New South Wales chief executive officer, Darrel Jones, has announced he will resign from his position on 31 July.

Jones told Current.com.au that he announced his intentions to resign from the position “some time back”, while Retravision New South Wales chairman, Paul Murphy, said he had discussed the issue over a month ago.

Current.com.au understands that Jones offered Retravision up to three months notice.

Jones joined the business almost 18 months ago after leaving Groupe Seb, where he was national sales manager.

“At this period of time, Darrel is not going anywhere in particular. We are looking at appointing him to do some consulting work for a couple of days a week,” Murphy told Current.com.au.

“Some time back I explained that I needed to move and the board asked if I would consider a contractual arrangement. At this stage I have signed nothing,” Jones said.

“It is fair to say that from a sales and marketing perspective that I have accomplished what I set out to do and that is to put the cornerstones in place and helped the business move forward.”

Murphy has confirmed he has employed a recruitment company for the chief financial officer and chief operating officer role.

“We are advertising to see what’s out there,” Murphy said.

“We have an acting CFO on board and he may choose to put his name forward.”

Murphy said that Retravision New South Wales is compiling some proposals for the future of the group which will be voted on by shareholders at its annual general meeting in September in Sydney.

The proposals and the appointment of a replacement for Jones was referred to by Murphy as a “restructure” for the group which has recently lost high profile members including Home Zone and the Valtel group to liquidation.

Commenting on the current state of the group, Murphy said: “Things are progressing slowly. We now just have to move forward with progressing the new Retravision New South Wales.”

[Thu 13/07/2006 04:05:28]

BREAKING NEWS

::	Sony explains e-reader's exclusive distribution model

::	Sony's new e-reader to go exclusive with booksellers

::	Acer reveals unique retail strategy for its new smartphones

::	TV prices aren't the only things falling

::	Control your appliances with your iPhone: Miele at IFA

::	Police catch men selling high-end audio equipment from the back of a van

::	Narta retailers confirm online retailing is inevitable (videos)

::	GfK confirms the TV market is in decline

::	How retailers can win the price negotation game

::	Major changes at the top for Smeg and Omega

MOST POPULAR THIS WEEK

::	Ex DJs' CEO Mark McInnes responds to "intolerable" cruelty

::	JB leads, Harvey follows, Clive dead: retailer review

::	Harveys confirms Clive Peeters rebranding and new store locations

::	Harvey Norman expanding stores as it cements multi-brand presence

::	Narta retailers react to conference content (with videos)

HOT PRODUCTS

Nikon Australia introduces its much anticipated new entry-level Digital SLR Nikon Australia is pleased to announce the release of its newest DX-format digital SLR; the Nikon D3100. more»

Olin PVR Ready HD Set-top Box OLIN is proud to present the HD PVR ready, digital set top box. This feature packed gadget lets you enjoy all that digital TV has to offer on your existing TV set. As well as providing new channels, the PVR ready function allows you to record your favouri more»

SAP112-8 60cm Linear Pyrolytic Single Oven Smeg's 60cm new Linear Pyrolytic Oven is the must have kitchen accessory that has caught the kitchen and design industries attention. With innovative and unique technologies and functions that make cooking easier and more controlled. Every cooking creat more»

JURA Impressa Z7 This superlative, top-quality model makes the heart of even the most demanding coffee aficionado beat faster, and provides the thrilling experience of a full range of coffee enjoyment at the highest possible level. Variable, simple and individual. more»