Retailer Fantastic has appointed Debra Singh as CEO

Dan Kitwood/Getty Images

Debra Singh, a former Woolworths executive, has been appointed CEO of Fantastic Holdings.

Singh has been the driving force behind the growth of the discount store Fantastic Furniture since August 2014.

In the latest half year results, Fantastic posted a 56.6% rise in profit to $10.9 million on sales of $272.8 million, up 11.7%.

Before running Fantastic Furniture, Singh was chief operating officer of the company’s other retail brands, including Plush, Original Mattress Factory, Le Cornu and Dare Gallery.

She has 30 years experience in retail operations, organisational design, human resources and change management.

Her base pay is $650,000 a year, plus short and long term incentives.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at