JD Sports makes more board committee changes

Bury-based FTSE 100 retailer JD Sports Fashion Plc, which recently overhauled its corporate governance structure, has announced a series of board committee appointments.

JD Sports chairman Andrew Higginson has been appointed chair of the nominations committee and Suzi Williams named chair of the remuneration committee.

The group also announced the creation of a new disclosure committee.

On May 25, JD Sports said executive chairman Peter Cowgill would step down from his role with immediate effect amid a push for stronger governance at the firm as it accelerated the separation of the roles of chair and chief executive officer.

On July 8, the company announced it hired former Morrisons chair Higginson as chair of JD Sports.

And on August 2, the firm announced that French businessman Régis Schultz had been appointed as the company’s new chief executive officer, joining from Al-Futtaim Group, the Dubai-based conglomerate.

On Tuesday, JD Sports said that following the recent changes the current committee composition is now as follows:

·    The audit committee is chaired by Helen Ashton and its members are Bert Hoyt and Suzi Williams.

·    The nominations committee is chaired by Andrew Higginson and its members are Helen Ashton, Bert Hoyt and Mahbobeh Sabetnia.

·    The remuneration committee is chaired by Suzi Williams and its members are Helen Ashton, Bert Hoyt and Mahbobeh Sabetnia.

·    The disclosure committee is chaired by Helen Ashton and its members are Neil Greenhalgh and Nim Cassidy.

The group will announce its interim results for the 26 week period to July 30, 2022, on September 22.

 

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