Anthony Heraghty, the CEO and managing director of Super Retail Group, has been fired today.
Super Retail Group manages four key retail brands, including Rebel, Macpac, BCF and Supercheap Auto.
The company confirmed Heraghty's termination, noting this came after reviewing new information from Heraghty regarding his relationship with the company’s former chief human resources officer.
“In light of this new information, the board has concluded Mr Heraghty’s prior disclosures were not satisfactory,” the company shared in an ASX statement.
“The board will carefully consider the implications this may have for the company and any related matters.”
The board also exercised its discretion to lapse Heraghty's incentives, which includes all unvested incentives and vested but unexercised rights.
Super Retail Group's chief financial officer, David Burns, has been appointed interim CEO while the company undertakes a search for Heraghty’s replacement.
This comes over a year after two former employees launched legal action against the company, as well as against Heraghty and the then-board chair Sally Pitkin.
Two months later, the former chief legal officer and company secretary of Super Retail Group, Rebecca Farrell, filed court proceedings. Her key allegation includes that Super Retail bullied and harassed her because she raised corporate governance breaches, including a conflict of interest on the part of the CEO by his alleged failure to disclose the nature of his relationship with the then-chief human resources officer, Jane Kelly.
Other allegations include the breaching of the Corporations Act, including the whistleblower provisions, the breaching of Super Retail’s own whistleblower policy, and the breaching of the company’s “contractual obligation to provide a safe workplace.”
Super Retail Group had rebuked the allegations, and has been defending the claim in court.