JD Sports activities picks retail veteran Higginson as new chairperson, Retail Information, ET Retail

JD Sports picks retail veteran Higginson as new chairpersonBritain’s largest sportswear retailer JD Sports activities Trend on Friday named Andrew Higginson, former chair of supermarkets group Morrisons, as its new chairperson, changing Peter Cowgill who was ousted in Might.

Higginson, who was the chairman of Morrisons when it was taken over by private-equity agency CD&R final yr, has held senior roles for almost 15 years at Britain’s prime grocery store chain Tesco.

He’ll begin his new position at JD Sports activities on Monday.

JD Sports activities ousted longstanding govt chairman Cowgill as a consequence of points with inside governance and controls. Cowgill managed the group ever since Barry Bown stepped down because the chief govt officer in 2014.

Topic to a number of investigations by Britain’s antitrust watchdog, JD Sports activities had laid out plans final month to overtake its company governance construction and inside controls and burdened on the necessity for a extra skilled board.

The FTSE-100 group, which final yr cut up the roles of chairman and chief govt officer, is but to nominate a CEO.

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