Article 5ZMTZ JD Sports boss Peter Cowgill quits with immediate effect

JD Sports boss Peter Cowgill quits with immediate effect

by
Sarah Butler
from World news | The Guardian on (#5ZMTZ)

Outspoken leader thought to have resisted board's attempts to split the roles of chair and chief executive

The boss of JD Sports has stepped down with immediate effect just months after the retailer was fined more than 4m for breaching the competition regulator's rules with clandestine meetings with a takeover target.

The company said Peter Cowgill, the outspoken chair and chief executive officer of JD who has led the group since 2004, would be temporarily replaced as chief executive by Kath Smith, its senior independent director who spent 25 years as managing director of the Adidas and Reebok brands.

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