Super Retail Group founder Reg Rowe is retiring from the company behind Rebel Sport and Supercheap Auto, but says he will remain a key shareholder and called his 50 years in retail “an amazing ride”.
Mr Rowe, who holds nearly 30 per cent of the company, will be replaced by non-executive director Mark O’Hare, effective from Tuesday. Mr O’Hare is Mr Rowe’s long-time business adviser and is the chairman of the advisory group of Mr Rowe’s private investment group, Re-Grow Capital Group.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
