JD Sports to name former B&Q executive Schultz as CEO - Sky News

Adds JD Sports response

July 26 (Reuters) – Britain’s largest sportswear retailer JD Sports Fashion JD.L will name Regis Schultz, former finance head of B&Q, as its chief executive officer, Sky News reported on Tuesday.

Schultz has been president of retail at Middle Eastern group Al-Futtaim since 2019 and was chief financial officer at British home improvement chain Kingfisher’s KGF.L do-it-yourself business, B&Q.

JD Sports earlier this month named Andrew Higginson as chairperson, replacing Peter Cowgill who was ousted in May over issues related to internal governance and controls.

Cowgill has managed the group since Barry Bown stepped down as the chief executive officer in 2014.

The company, which owns brands such as Speedo and Cloggs, in June laid out plans to overhaul its corporate governance structure and internal controls.

Schultz’s appointment could be announced within a few days, according to the Sky News report.

A JD Sports spokesperson said in an emailed statement that the process to recruit a CEO was ongoing and the company would “update the market further when appropriate”.

(Reporting by Amna Karimi in Bengaluru; Editing by Vinay Dwivedi)

(([email protected]; +91 8083261226;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags: Amazon Fba Business, Atlanta Business Chronicle'S, Boss Baby Back In Business, Business Administration Degree, Business Attire Women, Business Card Design, Business Cards Templates, Business Casual Dress, Business Casual Outfits, Business Checking Account, Business Credit Card, Business For Sale Near Me, Business Intelligence Platform, Business Lawyer Near Me, Business Loan Calculator, Business Name Ideas, Business Professional Women, Business Spectrum Login, California Business Entity Search, Capital One Spark Business, Carl Weber'S The Family Business, Charlotte Business Journal, Custom Business Cards, Delaware Business Search, Fl Sos Business Search, Florida Business Search, Harvard Business Publishing, Insurance For Small Business, Kelley School Of Business, Maryland Business Express, Maryland Business Search, Moo Business Cards, National Business Furniture, New York Business Search, Ohio Business Gateway, Onedrive For Business, Online Business Ideas, Paramore Misery Business, Risky Business Cast, Small Business Insurance, Spectrum Business Customer Service, Tom Cruise Risky Business, Us Small Business Administration, Verizon Wireless Business, Verizon Wireless Business Login, Virtual Business Address, What Is Business Administration, Women'S Business Casual, Yelp Business Login, Yelp For Business