Last checked at 12 Oct 2022 11:00
12 October 2022
JD Sports Fashion Plc
Board Update
JD Sports Fashion Plc ('JD') announces that Neil Greenhalgh has informed the Board of his intention to step down from his role as Chief Financial Officer ('CFO') next year.
The Nominations Committee, led by Andy Higginson, will now commence a process to recruit a successor. Neil Greenhalgh is committed to assist in this process to help ensure an orderly succession, and to work with the Board and KPMG LLP in the audit and subsequent publication in Spring 2023 of JD's financial statements for the 52 week period to 28 January 2023.
Andy Higginson, Chair, said:
"Neil joined JD in 2004 and has been CFO since November 2018. He has been a key part of the team that has delivered tremendous growth in the business.
"The Board would like to thank him for his constructive approach which allows us to search, recruit and induct the best replacement to support the growth plans of the business in a measured way whilst retaining all his experience and knowledge. In the meantime, it's business as usual whilst the search is underway."
Neil Greenhalgh, CFO, said:
"The decision to step back from JD during 2023 is one that I have been considering for some time. I fully intend to help Andy and Régis settle into their roles and, by giving the Board advanced notice, enable a smooth transition to a new CFO."
The information in this release has been determined to be inside information and Nim Cassidy is responsible for issuing on behalf of JD.
Enquiries:
JD Sports Fashion Plc Tel: 0161 767 1000
Andrew Higginson, Non-Executive Chair
Régis Schultz, Chief Executive Officer
Neil Greenhalgh, Chief Financial Officer
Nim Cassidy, Company Secretary
FGS Global Tel: 0207 251 3801
Rollo Head
Jenny Davey
James Thompson