×

Peter Cowgill, Executive Chairman of JD Sports Fashion Plc, Steps Down

and The North Face.  

Show more sharing options announced today that Shimano Women's IC5 Indoor Cycling Shoe $125. Also, JD Sports announced Helen Ashton, the current non-executive director and chair of the audit and risk committee, will become interim non-executive chair. And Kath Smith, currently the non-executive director and senior independent director, will become interim CEO. 

According to JD Sports, the moves were made “as a consequence of an ongoing review of its internal governance and controls” that ultimately led to its decision to “accelerate the separation of the roles of chair and chief executive officer.”

“The business has developed strongly under Peter’s leadership into a world-leading multichannel retailer with a proven strategy and clear momentum. However, as our business has become bigger and more complex, what is clear is that our internal infrastructure, governance and controls have not developed at the same pace. As we capitalize on the great opportunities ahead of us, the board is committed to ensuring that we have the highest standards of corporate governance and controls appropriate to a FTSE-100 company to support future growth,” Ashton said in a statement. 

Want to read more articles like this one process to recruit a CEO remains ongoing, and that there will now be a process to recruit a new non-executive chair.

JD Sports Fashion Plc said the JD Sports Fashion Plc said the. CREDIT: Courtesy of JD Sports 25 years of athletic and outdoor industry experience, Shareholders Say Kohls Misled Them About the Success of Its Strategic Plan in New Lawsuit Adidas, Reebok and The North Face.  

imbox Sponsored

Shimano Women's IC5 Indoor Cycling Shoe $125

Sustainable, footwear protection technology company, IMBOX Protection, is bringing its in-store service to the U.S. market for increased foot traffic and basket size with a new revenue stream.
Learn More

Access exclusive content