British retailer JD Sports Fashion is apparently preparing for the departure of its chairman Andy Higginson. According to a report by media company Sky News, he is expected to step down from the board of directors in the coming months. This would be a significant change for the leadership of the UK’s largest listed sporting goods retailer.
According to the report, industry veteran Higginson, who took over as chairman of the board in 2022, was originally expected to serve at least two three-year terms. An official announcement of his departure is expected shortly.
Before working at the sporting goods retailer, Higginson held various management positions at the British supermarket chain Tesco. He later served as Chairman of WM Morrison. There he oversaw the sale to the private equity firm Clayton Dubilier & Rice for almost ten billion British pounds. He was also Chairman of the British Retail Consortium (BRC).
Higginson is a well-known figure in the British business community, particularly for his support of the Labor Party before the last general election. However, he recently criticized the tax changes introduced in the 2024 budget.
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