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JD Sports lines up former B&Q executive as new CEO

A former executive at DIY retailer B&Q is being lined up to take the helm at JD Sports. City sources said on Tuesday that the appointment…

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JD Sports lines up former B&Q executive as new CEO

26 July, 2022 | by Angela Beevers

A former executive at DIY retailer B&Q is being lined up to take the helm at JD Sports.

City sources said on Tuesday that the appointment could be announced within a matter of days.

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As JD Sports’ chief executive, Mr Schultz will become the long-term replacement for Peter Cowgill, who stepped down last month amid boardroom disagreements over succession and corporate governance.

Frenchman Regis Schultz will join from a Dubai-based conglomerate Al-Futtaim Group. He has held a number of roles at B&Q, Kingfisher and French Supermarket change Monoprix.

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 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.

Angela Beevers Director of Content & Events Strategy

Angela Beevers is Director of Content & Events Strategy at The Retail Bulletin, where she has worked since 2011. She leads the publication's news team and oversees its daily coverage of the UK retail sector, from breaking developments to the early-morning release of retailers' trading updates and financial results. Over more than 15 years at The Retail Bulletin, she has interviewed many of the industry's most innovative founders and leaders. She also shapes content for The Retail Bulletin's events and leads delegate engagement for its most high-profile events. Her areas of focus include: Retail news · Trading updates and financial results · Retail leadership · Industry events

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