REG - JD Sports Fashion - Appointment of Andrew Higginson as Chair

JD Sports FashionAnnouncement

08/07/2022 07:00

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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.

 

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