Vita Group brings on female director

Vita Group brings on female director

Board hiring comes as staff and store numbers get slashed to boost profits

The ASX-listed owner of Next Byte and Fone Zone, Vita Group (ASX:VTG), has appointed Diana Ryall as its new director on its board.

Ryall was previously the managing director of Apple Australia from 1997 to 2001. She then launched career advisory firm Xplore for Success.

From 2005 to 2008 she led the Chief Executive Women’s talent development program and, in January, she was awarded the Member of the Order of Australia (AM) for her service to business through executive roles in IT and as a mentor to women.

According to Vita Group Joint CEO, David McMahon, the company will appreciate Ryall’s background and skills.

“Di will be a great addition to our board,” he said in a statement. “We warmly welcome her appointment.”

The former Apple executive joins Vita Group as it prepares to shut down three Apple reseller stores by mid-2010. In a statement to shareholders late last month, McMahon admitted Next Byte was still suffering from poor results.

“We continue to work on the turn around of the performance of Next Byte,” he said at the time. “We are responding by providing an enhanced retail experience, whilst focusing on the service and corporate segments where Next Byte can truly differentiate itself.”

As Vita Group hires more directors, it has also moved to slash staff numbers to boost profits. Staff numbers are down 22 per cent compared with December 2008 and 53 Fone Zone stores have been closed over two years.

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Tags vita groupnext byteFone ZoneApple AustraliaDiana Ryall


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