Athleisure Retailer JD Sports Undergoes Corporate Governance Rejig As Planned

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  • JD Sports Fashion PLC (OTC: JDSPY) appointed Helen Ashton as the interim Non-Executive Chair and Kath Smith, senior independent director, as interim CEO as Peter Cowgill departed on May 25.
  • The athleisure retailer previously disclosed corporate governance rejig involving the split the role of CEO and Chair and conducting a search for CEO and Chair. 
  • Alongside its much-delayed full-year results, JD justified multiple regulatory issues behind the higher board-level experience and greater internal scrutiny and control, <a class="editor-rtfLink" href="https://www.ft.com/content/4ca030aa-d006-49b8-8e2a-0603476738a7" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" …

Full story available on Benzinga.com

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