JD Sports Fashion Plc Appointment of Andrew Higginson as Chair (7684R)
July 08 2022 - 2:00AM
UK Regulatory
TIDMJD.
RNS Number : 7684R
JD Sports Fashion Plc
08 July 2022
8(th) July 2022
JD Sports Fashion Plc
Appointment of Andrew Higginson as Chair
JD Sports Fashion Plc ('JD' or the 'Group'), the leading
retailer of sports, fashion and outdoor brands, today announces
that Andy Higginson has been appointed as Chair of the Group
effective on 11th July 2022. The appointment follows an extensive
search process undertaken by the Board with the support of an
external executive search firm.
Andy is a highly experienced and proven retailer and Chair with
over 28 years of continuous non-executive director experience on
PLC boards, including senior leadership roles over nearly 15 years
at Tesco. Most recently, he was Chair of William Morrison
Supermarkets plc from January 2015 until the takeover of the
business by private equity firm CD&R LLP in November 2021.
During this time he oversaw a major turnaround of the business and
significant value realisation for shareholders. He is also
currently Senior Independent Director at Flutter plc.
Commenting on the appointment, Helen Ashton, interim Chair,
said:
"The Board was impressed with the high-quality candidates that
we met throughout the recruitment process. Andy, however, stood out
as the best candidate with his extensive Board experience including
as a Chair and his strong track record in the international retail
sector. It is a testament to the quality and attractiveness of JD
that we have recruited Andy to the important role of Chair. JD is a
great business with a clear strategy, occupying a unique place in
the market and we look forward to working with him on our global
development opportunities."
Andy Higginson, Chair elect, added:
"Having closely followed JD's success over the years, I see it
as an exceptional business, with a strong strategic position. The
Board has clearly been addressing its governance and risk
management structure and I very much look forward to working with
the Board and the senior management team, including our new CEO
once appointed, to bring my experience to bear and capitalise on
the strength of the brands, market positions and channels to market
including the global retail store network."
Enquiries:
JD Sports Fashion Plc Tel: 0161 767 1000
Helen Ashton, Interim Chair
Neil Greenhalgh, Chief Financial Officer
FGS Global Tel: 0207 251 3801
Rollo Head
Jenny Davey
James Thompson
Notes to Editors:
1. Andy Higginson grew up in Bury, where JD was founded and is
headquartered, and attended Bury Grammar School. His executive
business career includes various finance and commercial roles at
Unilever, Guinness, Laura Ashley, Burton Group and Tesco PLC where
he was Group Finance and Strategy Director and latterly Chief Executive
of Retail Services.
2. The announcement is issued in accordance with Listing Rule LR
9.6.11. There are no additional matters that would require disclosure
under LR 9.6.13 R (1) to (6) in relation to this appointment.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOAGZGGNMNRGZZZ
(END) Dow Jones Newswires
July 08, 2022 02:00 ET (06:00 GMT)
Jd Sports Fashion (LSE:JD.)
Historical Stock Chart
From Mar 2024 to Apr 2024
Jd Sports Fashion (LSE:JD.)
Historical Stock Chart
From Apr 2023 to Apr 2024
