Snap Franchising CEO resigns
Peter Sinodinos has resigned as CEO of Snap, with immediate effect.
There is as yet no replacement to head up the chain of more than 150 franchises. A statement from Snap indicated board chair Peter Russell will be supporting the executive team on an interim basis.
Russell said “Although we’re sad to see Peter leave, we are confident in the significant leadership strength and commitment we have in the team as well as the direction for the brand we have planned for FY20. It is my intention to support them fully whilst a new CEO is sought. Until then, it is very much business as usual.
“We would like to thank Peter for his service to the company over the last two years and wish him well with his future endeavours.”
Snap Franchising CEO
Sinodinos took on the Snap role in February 2017 after 12 and a half years in leading positions at The Good Guys. He had been general manager merchandise – IT products for seven years, and group general manager – retail operations, for five years.
Before this Sinodinos had spent time in the music retail sector in account manager and operations at HMV and Warner Music.
This print and design brand began in 1903 and has been franchising for 40 years, since 1979. There are more than 150 print outlets across Australia and the brand has extended through master franchises into China, Ireland and New Zealand.