JD Sports has announced the appointment of Andy Higginson as the brand’s new chair, effective on 11 July 2022. This appointment is said to follow an extensive search process undertaken by the board with the support of an external executive search firm.
Higginson is reportedly a highly experienced and proven retailer with over 28 years of continuous non-executive director experience. Previously, he held a senior leadership role for over nearly 15 years at Tesco.
Most recently, he was chair of William Morrison Supermarkets plc from January 2015 until the takeover of the business by private equity firm CD&R in November 2021. During this time, he oversaw a major turnaround of the business and significant value realisation for shareholders.
In addition, he is also currently senior independent director at Flutter plc.
Helen Ashton, interim chair of JD Sports, said: “The board was impressed with the high-quality candidates that we met throughout the recruitment process. Andy, however, stood out as the best candidate with his extensive board experience including as a chair and his strong track record in the international retail sector.
“It is a testament to the quality and attractiveness of JD that we have recruited Andy to the important role of chair. JD is a great business with a clear strategy, occupying a unique place in the market and we look forward to working with him on our global development opportunities.”
Higginson added: “Having closely followed JD’s success over the years, I see it as an exceptional business, with a strong strategic position. The board has clearly been addressing its governance and risk management structure and I very much look forward to working with the board and the senior management team.
“Our new CEO, once appointed, will have my experience to bear and capitalise on the strength of the brands, market positions and channels to market including the global retail store network.”