Certainly one of Britain’s most expert retail executives is turning into a member of the board of JD Sports activities Style, part of a administration shake-up geared towards enhancing governance beneath its new chairman.
Sky Information has learnt that Darren Shapland, a former finance chief at J Sainsbury, shall be named on Tuesday as a non-executive director of the UK’s largest listed sporting gadgets chain.
Mr Shapland, who has been coping with an attempt by an activist investor to oust him as chairman of Topps Tiles, has moreover labored for Carpetright, Arcadia Group and Notonthehighstreet all through better than 30 years inside the commerce.
His appointment can be the latest aspect of a boardroom overhaul orchestrated by Andy Higginson, the earlier Wm Morrison chairman, who was recruited last summer season amid an organization governance catastrophe at JD Sports activities.
Mr Higginson moved swiftly to usher in Regis Schultz, a former authorities on the DIY retailer B&Q, as a result of the £8.5bn agency’s new chief authorities.
He was acknowledged as a result of the long-term substitute for Peter Cowgill, who stepped down last 12 months amid a set of boardroom disagreements which pre-dated Mr Higginson’s arrival.
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Since their appointment, they’ve launched a shift inside the agency’s method, accelerating funding in its worldwide retail group whereas selling non-core producers.
The agency is majority-owned by Pentland, the family-controlled group which manages a portfolio of producers, along with Berghaus, Lacoste and Speedo.
Shares in JD Sports activities closed on Monday at 167.65p.
A spokesman for the retailer declined to comment.
Supply: data.sky.com”
