May 25, 2022

Peter Cowgill to leave JD Sports after governance review

JD Sports executive chair Peter Cowgill is to leave the retailer immediately after an 18-year tenure during which its value has soared. The company said the shake-up was a "Consequence of an ongoing review of its internal governance and controls". Cowgill previously ran an accountancy firm that audited JD Sports before joining the business as finance director in 1996. He has run JD Sports without a chief executive since Barry Bown left the business in 2014, but has always insisted that investors were unconcerned about the concentration of power in his hands. Chris Bird, who did public relations for the group in the early 2000s, told the FT in 2018 that Cowgill was "The most un-accountant-like accountant I know".

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